It’s that time again. Tax season is just around the corner, and some have already gotten started on the process. When it comes to working on your taxes, it can seem overwhelming....
Posted by Dennis O'Brien on 01/31/2016
Many taxpayers choose to run their business out of their home. This saves them money on renting out another space and the maintenance and utilities of another locations. And for...
Posted by Dennis O'Brien on 01/31/2016
Coastal Business Services understands that the tax laws can be confusing to most taxpayers. While it would be ideal to just fill out a few yes or no questions and be done for the year,...
Posted by Dennis O'Brien on 01/31/2016
There are not many laws that encourage you to hang on to an asset longer than you already have, but long term capital gains tax treatment laws do just that. Your tax rate on capital...
Posted by Simon Hase, CPA on 01/26/2016
Like many other states, the Sunshine state has income tax, sales tax, property taxes, and estate taxes. Our tax system is set up to be much like the federal income tax system, but...
Posted by Simon Hase, CPA on 01/26/2016
Passion is Why We Do What We Do It has been my experience that most, if not all, small businesses are formed out of enthusiasm. A person or group of people see an opportunity...
Posted by Farrington Accounting and Tax, Inc. on 03/11/2015
For many small businesses, sales tax may be a part of life, especially if your business includes end user or ultimate consumer sales. If your business includes the sales of tangible...
Posted by Patrick O'Hara, EA on
If your small business works with sensitive information or takes payments, cyber security should be a top priority. However, it may also seem that cyber security can be a huge expense...
Posted by Patrick O'Hara, EA on
Individuals can exclude up to $250,000 of income from capital gains tax on the sale of their primary residence, thanks to the Internal Revenue Code (IRC) exclusion of home sales. Married...
Posted by Elliot Kravitz, ATP on 06/11/2021
