I can't believe it. I really can't. After years of fiddling-faddling with the regulations for tangible property accounting—including lengthy … [Read more...] about Are You Kidding Me? An Update on the TPR Accounting Changes Mess
business taxes
Why New Unit of Property Rules Are Important
2/17/2015 Update: Information about our e-book, which has been updated for Revenue Procedure 2015-20, appears at the bottom of page. For 2014 … [Read more...] about Why New Unit of Property Rules Are Important
How to Prepare Form 3115 for the New Tangible Property Regs
2/17/2015 Update: Information about our e-book appears at the bottom of page—and that ebook has been updated to reflect Revenue Procedure 2015-20. You … [Read more...] about How to Prepare Form 3115 for the New Tangible Property Regs
Are One-person S Corporations Illegal?
A client came into the office the other day and mentioned she had heard one can’t use an S corporation for a one person business or for … [Read more...] about Are One-person S Corporations Illegal?
TPRs: A Guide for Small Businesses and Real Estate Investors
2/17/2015 Update: Information about our TPRs e-book, which has been updated for Revenue Procedure 2015-20, appears at the bottom of page. Mid-year, … [Read more...] about TPRs: A Guide for Small Businesses and Real Estate Investors
Washington State Employment Security Department: Computer System Meltdown?
If you’re a Washington state employer, you've probably noticed something this year: collection letters from Employment Security assessing small- to … [Read more...] about Washington State Employment Security Department: Computer System Meltdown?
Vacation Homes as Small Business Tax Shelters
Recently, a handful of people have asked about this gambit where a small business owner turns a vacation home into a tax … [Read more...] about Vacation Homes as Small Business Tax Shelters
Primer on California S Corporation Taxation
You can get extremely detailed information about how California taxes both in-state and out-of-state S corporations from the California Franchise Tax … [Read more...] about Primer on California S Corporation Taxation
Primer on the FBAR and FATCA Rules & Penalties
Our CPA firm office prepares a lot of the FinCEN 114 and 8938 forms—which are the forms you use to comply with the "Foreign Bank and Financial … [Read more...] about Primer on the FBAR and FATCA Rules & Penalties
Small Businesses and the New Sec. 263 Repair Regulations
Okay, you may not know this yet. But a 2013 change in the accounting rules for repair and maintenance expenditures (specifically, Treasury Regulation … [Read more...] about Small Businesses and the New Sec. 263 Repair Regulations