Depreciation... one word that can make a business owner (and even many accountants) cringe. However, understanding it and how to implement it correctly in your business can make a big impact. That is exactly what I will be talking about here. What Is Depreciation? At...

Do you use your home for business events such as shareholder meetings, team retreats, client meetings, employee meetings, etc? If so, this is one tax strategy you definitely want to be check out! The 14 Day Home Rental / Augusta Rule is a piece of the tax code that...

Parents need to be aware of the Kiddie Tax, a provision that was instituted in the United States to prevent parents from taking advantage of their children's tax-free status. The tax affects minors’ unearned income and can have significant financial consequences for...

We are always talking about business owners and what tax strategies are available to them but I wanted to take a week off and talk about W2 employees. What tax strategies are available for W2 employees? One thing to note is that for the most part, all of...