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Blog, Tax Planning, Taxes

Meals & Entertainment Changes for 2018

May 8, 2018DrewComments: 0

One of the more interesting aspects of the Tax Cuts & Jobs Act (TCJA) was the modification to the very popular business tax deduction known as Meals & Entertainment. There has been a lot of confusion surrounding what has and…

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Blog, Personal Finance, Tax Planning, Taxes

Mortgage Insurance Premiums – Get rid of them!

January 27, 2018DrewComments: 0

In a perfect world, when you go to buy a house you would have at least 20% of the home value to put down as a down payment. It’s that magic number that lenders want to see. If you can…

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Blog, Personal Finance, Tax Planning, Tax Professional, Taxes

Maximizing Child Care Expense Deductions

July 6, 2017DrewComments: 0

Kids can be expensive. Anyone who has raised or is raising kids knows this. However, I am a firm believer that kids are as expensive as you make them. With the exception of maybe medical expenses, a lot of what you…

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Blog, News, Taxes

The President’s Proposed Tax Plan

June 1, 2017DrewComments: 0

It’s hard to find any articles about Trump’s tax plan that just simply explain what is being purposed without any opinion. This is my attempt to do so. There is no criticism or endorsement here. This is just a breakdown…

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Blog, Taxes

Tracking Mileage

January 25, 2017DrewComments: 0

For a lot of small businesses, the mileage deduction can be one of their biggest deductions. However, tracking your mileage can be very frustrating and time consuming. I have recently started using the app MileIQ to track all my business…

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Blog, News, Tax Planning, Tax Professional, Taxes

5 Things to Know as Tax Season Begins

January 23, 2017DrewComments: 0

Today, January 23, 2017, is the official first day of tax season. Here are 5 important things to know before you file your taxes. 1. Filing Deadline The filing deadline this year is actually April 18, 2017.   The 15th falls…

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Blog, Personal Finance, Tax Planning, Tax Professional, Taxes

Case Study – Tax Planning

November 29, 2016DrewComments: 0

Every once in awhile we will get a client that decides at the last minute to tell us they earned some money on the side. This can be anything from selling Mary Kay to flipping a house. Maybe they even…

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Blog, Tax Professional, Taxes

Case Study – The Mileage Mistake

June 28, 2016DrewComments: 0

I am starting a Case Study series where I go through various situations in which we have helped clients over the years. Maybe we helped them save on taxes or helped them with an IRS notice or helped them with…

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Blog, Health Savings Account, Personal Finance, Tax Planning, Taxes

You need to open an HSA TODAY!

February 5, 2016DrewComments: 0

Having to pay for medical expenses is never fun. There’s no way around that. However the truth of the matter is, your medical expenses could be costing you a lot more than the total amount due on that doctor bill. If…

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Blog, Taxes

5 Tax Planning Tips For Year End

October 20, 2014DrewComments: 0

It’s hard to believe that the end of 2014 is just over 2 months away. However, it is not too late to go over some last minute tax planning tips to help decrease your tax bill come April. 1. Increase…

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