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Best of SRQ Local
Business Gym for Your Employees, and Maybe You Too

Business Gym for Your Employees, and Maybe You Too

Apr 26, 2023 | Income Tax

Tags: Overlooked Tax Deductions, QuickBooks Bookkeeping, Sarasota CPA, Tax Planning To be tax-deductible, your business gym or other athletic facilities must be primarily for the benefit of your employees—other than employees who are officers, shareholders, or other...
Last-Minute Section 199A Tax Reduction Strategies

Last-Minute Section 199A Tax Reduction Strategies

Nov 22, 2022 | Income Tax

Tags: Overlooked Tax Deductions, QuickBooks Bookkeeping, Sarasota CPA, Tax Planning Remember to consider your Section 199A deduction in your year-end tax planning. If you don’t, you could end up with an undesirable $0 for your deduction amount. Here are three possible...
Say Goodbye to 100 Percent Bonus Depreciation

Say Goodbye to 100 Percent Bonus Depreciation

Oct 25, 2022 | Income Tax

Tags: Overlooked Tax Deductions, QuickBooks Bookkeeping, Sarasota CPA, Tax Planning All good things must come to an end. On December 31, 2022, one of the best tax deductions ever for businesses will end: 100 percent bonus depreciation. Since late 2017, businesses have...