New Electric Vehicle Purchase Can Provide a Generous Tax Credit

The market for plug-in electric vehicles (EVs) is still small compared with other cars on the road, but it’s growing thanks in part to a federal tax credit offering. If […]
Read MoreThe market for plug-in electric vehicles (EVs) is still small compared with other cars on the road, but it’s growing thanks in part to a federal tax credit offering. If […]
Read MoreBy Miranda Aavatsmark Perseverance. Confidence. Heart. Guts. Willpower. Tenacity. Dedication. The attributes above come to mind when I think of great fighters. Some of the legends include Muhammad Ali, Rocky […]
Read MoreThe limitations on itemized deductions have gotten a lot of attention under the new Tax Cuts and Jobs Act (TCJA). More individuals will take advantage of the standard deduction instead […]
Read MoreIf you made any large gifts to your children, grandchildren, or other heirs last year, it’s important to determine if you are required to file a 2018 gift tax return […]
Read MoreBusiness owners who don’t yet have a tax-advantaged retirement plan still have time to establish one and reduce their 2018 tax bill. For example, a Simplified Employee Pension (SEP) can […]
Read MoreCompanies of all sizes can benefit from the Research and Experimentation tax credit (R&D Credit) which has been around since 1981. This credit aims to reward businesses for increasing the […]
Read MoreThe Tax Cuts and Jobs Act (TCJA) limits or eliminates several itemized deductions that have been available to many individual taxpayers. Here are five deductions reduced or eliminated by the […]
Read MoreSmall business owners who work from home could save money on their taxes by taking the home office deduction, as long as they meet the requirements set forth by the […]
Read MoreWhen it comes to self-employment taxes, an LLC member is not necessarily in the same boat as a limited partner. The IRS is cracking down on LLC members who underreport […]
Read MoreBy Miranda Aavatsmark Iceberg! Straight ahead! Although there are many theories why the unsinkable ship, the Titanic, sank, ultimately the piercing claws of the iceberg underwater was the cause of […]
Read MoreTo appeal or not to appeal: that is the question. Medicare cost report appeals can be extremely profitable, but which issues are worth the time and effort to appeal? Without […]
By Rick Shields, CPA, Principal at Blue & Co. One of the issues not-for-profits must address is how to raise funds while also properly reporting the associated costs for donor […]
By Amy Sandlin, CPA, Tax Quality The Internal Revenue Service (IRS) announced significant tax relief for individuals and businesses in Kentucky affected by severe storms, straight-line winds, flooding, and landslides […]