Small Business, Big Benefits
Taxes are daunting, and especially for a small-business owner’s income. The following tips are six ways small businesses can get some...
Standard Mileage Rate Deduction Increased for 2018
The IRS released the 2018 optional use standard mileage rates used in the calculation of deductible costs in operation of an automobile....
Primary Tax Benefits with Donor Advised Funds
Recapping on what the donor advised fund or DAF is, the IRS website states that, a donor advised fund is a separately identified fund or...
Cryptocurrency and the Effect on Our Taxes
Today cryptocurrencies have become a global phenomenon known to most people. While still somehow geeky and not understood by most people,...
The Estate Tax and the States
The Estate Tax and the States There is a lot of talk about eliminating and/or changing the estate tax. What is not being discussed is the...
Start-Up Small Business – Part 5 – (How Much Can I Deduct?)
Generally, you can deduct the full amount of a business expense if it meets the criteria of ordinary and necessary and it is not a...
It’s Not Over Until It’s Over
One of the famous Yogi-isms holds true today. We are quickly learning about a late night meeting in the Senate last night which breathed...
March 15 is Coming!
The Center would like to remind everyone that March 15 is hours away and that means deadlines for S corporations and partnership tax...
Corporate Tax Rates Worldwide
The best way to attract business in your state is to have low tax rates and little regulation. Illinois proved the opposite of this...
Business Taxes with Roman Basi, CPA and Attorney at Law
Tomorrow, Wednesday at 11am CST, Roman Basi will host a Center Webinar on the subject of business taxes. Does any of the following...