Avoid This Family-Member S Corporation Health Insurance Mistake

Mar 24, 2023 | Income Tax

Tags: Health Insurance, QuickBooks Bookkeeping, Sarasota CPA, Tax Planning There are two important issues related to health insurance deductions for S corporations. Issue One First, if you own more than 2 percent of an S corporation, there are three steps you need to...

Are You a Regular Investor or a Tax-Favored Securities Trader?

Mar 22, 2023 | Income Tax

Tags: QuickBooks Bookkeeping, Sarasota CPA, Stock Portfolio, Tax Planning As we navigate the recent volatility in the stock market, you may want to think about the possible favorable federal income tax treatment the tax code gives to a securities trader. What Are The...

Helicopter View of 2023 Business Meals and Entertainment

Mar 20, 2023 | Income Tax

Tags: Business Income Tax Deduction, QuickBooks Bookkeeping, Sarasota CPA, Tax Planning As you may already know, there have been some major changes to the business meal deduction for 2023 and beyond. The deduction for business meals has been reduced to 50 percent, a...

Holding Real Property in a Corporation: Good or Bad Idea?

Mar 17, 2023 | Income Tax

Tags: QuickBooks Bookkeeping, real estate taxes, Sarasota CPA, Tax Planning As the real estate market has cooled off in many parts of the country, investing in real property may seem wise in the long run. But taxes can be a significant concern. C Corporation Owning...

Avoid This Family-Member S Corporation Health Insurance Mistake

Are You a Regular Investor or a Tax-Favored Securities Trader?

Helicopter View of 2023 Business Meals and Entertainment

Holding Real Property in a Corporation: Good or Bad Idea?

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How Business Owners can Save Thousands In Taxes Even If They Have A CPA*

*These are not guaranteed savings. Savings may be more or less and will be determined during your assessment based on your business size and circumstances.