Tag: Sarasota Accounting Firm

Sarasota Tax Planning

Depreciating Residential Rental and Commercial Real Property

When you own rental property, depreciation is your best friend. One reason

Sarasota Small Business CPA

Using a Vacation Home as a Rental Property and for Personal Use

When you use a home for both rental and personal use, regardless

Sarasota CPA

Self-Directed IRAs

Tax-advantaged retirement accounts such as IRAs are a great way to save

Sarasota IRS Problems

Is Your Sideline Activity a Business or a Hobby?

Do you have a sideline activity that you think of as a

Sarasota CPA

Make Extra “Catch-Up” Contributions to Retirement Accounts

After reaching age 50, you can make additional “catch-up” contributions to certain

Employee Retention Credit

When Is a Partner in a Partnership a 1099 Worker?

When the individual production activity of a partner is outside his or

Sarasota Accounting Firm

Tax Credits for Schedule C Business Owners with Employees

If you hire an employee for your Schedule C business, you can

Sarasota CPA

Tax Credits for Schedule C Businesses without Employees

Obtaining a tax credit is the next best thing to paying no

Healthcare

2021 Last-Minute Year-End Medical Plan Strategies

All small-business owners with one to 49 employees should have a medical

Sarasota CPA

2021 Last-Minute Year-End Tax Strategies for Marriage, Kids, and Family

If you are thinking of getting married or divorced, you need to