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...
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,...
All business owners, whether their businesses are big or small, wonder whether they really need a CPA firm to handle their finances and taxes. Are you one of those people who think...
If you have an effective retirement plan, it will consider your taxes after retirement. Unfortunately, many plans do not consider how your taxes will be affected by your changes...
Posted by Simon Hase, CPA on 01/05/2016
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
Bookkeeping for a small business can often seem to be a full time job all on its own. While it might be tempting to take some short cuts to move the process along, those shortcuts...
It is the ultimate dream. Getting to sit in your pajamas all day and do a bit of work while watching your favorite show and hanging out with the kids. You don’t have to answer to...
Are you wondering if there is a hard rule on taxable income and non-taxable income? The answer is simple: all income is taxable unless it is expressly excluded by law. But, as you've...
The filing status of a taxpayer depends on individual circumstances. Are you married or single? Do you have dependents? Identifying the correct filing condition is essential, as it...