Latest Newsletter Edition

Featured credits and deductions for businesses

Deductions
Qualified business income deduction
Many individuals, including owners of businesses operated through sole proprietorships, partnerships, S corporations, trusts and estates may be eligible for a qualified business income deduction, also called the section 199A deduction. Some …

Home office deductions

Small business owners may qualify for a home office deduction that will help them save money on their taxes, and benefit their bottom line. Taxpayers can take this deduction if they use a portion of …

Tips for students with summer jobs

With summer almost here, many students will turn their attention to making money from a summer job. Not all the money they earn will make it to their pocket because employers must withhold taxes from …

Upcoming Tax Deadlines

June

Day

10
Employees Who Work for Tips – If you received $20 or more in tips during May, report them to your employer. You can use Form 4070.

17
Individuals – If you’re a U.S. citizen or resident alien …

 

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