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Resources for Starting a New Business
Whether you are opening up a show on your town's Main Street or you are jumping into the board room of a new startup, knowing what it takes
Jeremy Springer
Jul 2, 20246 min read


Death & Taxes
We've all heard the joke: What are the two things guaranteed in life? Death and taxes. What many of us never consider is what does happen...
Jeremy Springer
Jul 2, 20246 min read


Beneficial Ownership Information Reporting
With so much information out there, we have a general overview of this new filing to help you understand the ins and outs of BOI.
Jeremy Springer
Jun 25, 20244 min read


Are They Employees or Independent Contractors?
Since rules have existed for what makes someone an employee or an independent contractor, there has been confusion over which label applies.
Jeremy Springer
Jun 4, 20245 min read


Social Media: Not a Tax Professional
TikTok is not your tax preparer! Learn about scams and self-prepared fraud thanks to "influencers" on social media platforms.
Jeremy Springer
Jun 1, 20244 min read


Expense Reimbursements for Employees
Expense reimbursement isn't always as easy as providing a receipt. Know the pitfalls so you don't get taxed!
Jeremy Springer
May 20, 20244 min read


Medical Expense Deductions - The "Isn't" List
Misleading information on what is and isn't a valid medical expense is starting to become a big problem.
Jeremy Springer
May 2, 20242 min read
Update on Certain Required Minimum Distributions for 2024
Certain RMD rules keep changing. Here is the latest information based on IRS guidance for designated beneficiaries.
Jeremy Springer
May 2, 20243 min read
Noncompetes Are No More
Learn about the new FTC ruling that bans companies from using noncompete clauses and agreements with employees.
Jeremy Springer
Apr 24, 20242 min read


Tax Audits
Here are some of the things we think you should know should you ever receive "that" letter in the mail.
Jeremy Springer
Apr 18, 20245 min read


IRS Launches Simple Notice Initiative
The IRS announced work is underway on the Simple Notice Initiative, a sweeping effort to simplify and clarify millions of mailed letters.
Jeremy Springer
Feb 17, 20244 min read


Beneficial Ownership Information Update
The Financial Crimes Enforcement Network has updated information on their website on the new requirement for small business owners.
Jeremy Springer
Jan 17, 20244 min read


2024 IRS Mileage Rate Update
The IRS has announced the 2024 standard mileage rates for taxpayers to use in computing the deductible costs of operating an automobile for business, charitable, medical, or moving expense purposes. Beginning on January 1, 2024, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: Business rate per mile 67.0¢ Medical and moving rate per mile 21.0¢ Charitable rate per mile 14.0¢ These rates apply to electric and hybrid-electric automobi
Jeremy Springer
Jan 17, 20242 min read


1099-K Reporting Requirements Delayed
A third party settlement organization (TPSO) is required to file an information return for each calendar year with respect to payments made in settlement of certain reportable payment transactions. Form 1099-K, Payment Card and Third Party network Transactions, is the form that settlement entities file to meet the reporting requirement. A typical example is when a customer purchases goods or services from a business using a credit card. The credit card company in turn is requ
Jeremy Springer
Jan 3, 20242 min read


The Year-End Business Brush up
Did you record your corporate meeting with written minutes? What about tracking owner fund withdrawals? We've got answers!
Jeremy Springer
Dec 4, 20238 min read


Crowdfunding
Crowdfunding may be a great way to help with large unexpected costs of life or special projects, but have you thought about the taxes....
Jeremy Springer
Dec 4, 20235 min read


Capital Gains & Losses
What is a capital gain? How did a capital loss save me money? We've got the answers!
Jeremy Springer
Dec 4, 20234 min read


Employing Family Members
From the most wonderful time of the year to day-to-day, your business can employee family members and get you some potential tax benefits.
Jeremy Springer
Nov 10, 20235 min read


Charitable Contributions Guide
From fables to holiday commercials, the charitable spirit lives strong! The tough part is knowing if the gift might help with your taxes.
Jeremy Springer
Nov 10, 20235 min read


Knock. Knock. IRS Calling!
In a time where everyone can be anyone, it is important to be on the lookout for scams pretending to be the Internal Revenue Service.
Jeremy Springer
Oct 6, 20235 min read
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