Jan 30, 2019 | Business, Sarasota CPA, Sarasota Tax & Accounting
The IRS defines a home as any house, condominium, cooperative, mobile home, boat, or similar property that has sleeping space, toilet facilities, and cooking facilities. Each circumstance is different when determining what you can deduct on your tax return. Is it Real...
Jan 24, 2019 | Income Tax
Know Whether Your Trip Is a Deductible Business Expense To help you understand business travel, consider this: You planned a personal trip to Los Angeles, arriving on Friday afternoon and leaving on Sunday afternoon. About a week later, you learn that a vendor you...
Jan 17, 2019 | Income Tax, Sarasota CPA, Sarasota Tax & Accounting
Home mortgage interest deductions have been restricted in the recent tax changes. You may have qualifying interest expense to itemize on your tax return, but you’ll need to be aware of the new rules and you will need to provide us with additional information...
Jan 9, 2019 | 2019, Bookkeeping, Business, Charitable Contribution Guidelines, Charitable Contributions, Cloud Accounting, Income Tax, Mileage Rate, Sarasota CPA, Sarasota QuickBooks, Sarasota QuickBooks Online, Sarasota Tax & Accounting, Small Business Accounting
Hubdoc has just announced their list of the Top 50 Cloud Accountants of 2018 in North America! This is the fifth year they’ve released their annual Top 50 list, which aims to recognize accounting and bookkeeping firms in North America who are setting an example when...
Jan 9, 2019 | 2019, Income Tax, Mileage Rate, Sarasota Tax & Accounting
The Internal Revenue Service has issued the 2019 optional standard mileage rates to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning Jan. 1, new standard mileage rates for the use of a car (also...
