A breakdown of tangible property items and land improvements that allows for a greater depreciation deduction each year. Your rental...

If you forgot to file an extension, or the IRS lost it, or for some other reason your business tax return (LLC or partnership) is deemed...

Hire your kids instead of paying them an allowance!It is quite common to see children actively involved in the family business. Even...

To quote Moss Adams CPAs: "The R&D tax credit is for taxpayers that design, develop, or improve products, processes, techniques,...

Tax-Deductible Business Trips By Scott C Turner, CPA Whenever and wherever you travel you could be traveling on business, and reasonable...

The California Compliance Catalog for employers from www.calbizcentral.com It states even if you have only one employee you must do the...

If you don't keep adequate records and minutes of meetings, you could lose your limited liability protection. As the owner of a...

Certainly, the SIMPLE is the easiest and least costly plan to fund and administer amongst all the other employer-sponsored plan options...

This is your blog post. Great looking images make your blog posts more visually compelling for your audience, so choose media that really...

People such as doctors, dentists, veterinarians, lawyers, accountants, contractors, subcontractors, public stenographers, or auctioneers...

By: Scott Turner Date: December 2019 By now, I am sure you have heard about the new independent contractor legislation signed by Governor...

By Scott C Turner, CPA Hire your kids instead of paying them an allowance! It is quite common to see children actively involved in the...

This information is meant to bring HR matters to your attention that may need handling, and is not meant to be a complete guide for every...

Congrats on your purchase. For tax purposes, a commercial building is depreciable over 39 years (straight line, no acceleration) for the...

Find below the direct quote from the IRS Small Business and Self-Employed Website http://www.irs.gov/Businesses/Small-Businesses-&-Self-E...

Robert W. Wood Contributor I focus on taxes and litigation. Your car got rear-ended while stopped at a red light. Your contractor did...

Example: Business owner wants to sell or trade-in a former vehicle for $20,000 and purchase a new or used vehicle for $50,000. The issue...

It’s usually not just one thing. It is several details that you pay attention to and bring together to increase business success. And so...

Financial planning is the kingpin of business management. It is in this area that you can bolster the results of your own hard work by...

Accounting should not be done merely because the government tells us to keep books, show yearly accounts and report our earnings for the...