If you purchased qualifying property by December 31, 2017, you may be able to take advantage of Section 179 expensing on your 2017 tax return. You’ll also want to keep this tax break in mind in your property purchase planning, because the Tax Cuts and Jobs Act (TCJA), signed into law this past December, significantly […]
Many businesses hired in 2017, and more are planning to hire in 2018. If you’re among them and your hires include members of a “target group,” you may be eligible for the Work Opportunity tax credit (WOTC). If you made qualifying hires in 2017 and obtained proper certification, you can claim the WOTC on your 2017 tax
Tax credit for hiring from certain “target groups” can provide substantial tax savings Read More »
With rising health care costs, claiming whatever tax breaks related to health care that you can is more important than ever. But there’s a threshold for deducting medical expenses that may be hard to meet. Fortunately, the Tax Cuts and Jobs Act (TCJA) has temporarily reduced the threshold. What expenses are eligible? Medical expenses may
TCJA Temporarily Lowers Medical Expense Deduction Threshold Read More »
In my opinion, when you mention the words quick and books together as in Quickbooks it doesn’t make sense. You see, when I go to complete my data entries it is never quick! That could be because receipts stay hidden in my purse for way too long! For those of you not familiar with Quickbooks, it is
Keyboard Shortcuts for Quickbooks Read More »