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THE TAX TOPICS BLOG

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In the process of running a business, you learn so many things. Today, I want to shed light on a tax topic that business owners need to know from the...

Start-Up Costs... Did You Know?

September 26, 2019

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In the process of running a business, you learn so many things. Today, I want to shed light on a tax topic that business owners need to know from the beginning, yet many do not have a full understanding of: Start-Up Costs!

Surprisingly, Start-Up Costs are not always imm...

July 22, 2019

For many tax payers, depreciation may be just another deduction on their tax return, but to business owners and tax professionals, depreciation is an important tool to be used in developing their tax strategy.

Depreciation is an accounting method used to take an annual...

At the start of our 2018 tax filing season, the big news was that refunds were lower than the previous year.  That didn’t seem right to many people.  Taxpayers were promised lower taxes.  Was this all a big sham?  Well, no.  The real question at hand is why?  Why were...