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Posts from 2016

  • IRS Scam Alert Due to a number of recent clients receiving calls claiming to be from the IRS, we would like to alert you of this SCAM. You should hang up immediately if you get one of these calls and here is a direct quote from the IRS website regarding the obvious signs you're on the ... Continue Reading
  • Tips for Determining Standard Meal Allowances for Business Travel & Entertainment The cost of certain meals purchased on business trips can be deducted from your taxable income. In fact, this is one of the most common employee and small business expenses claimed each year. When deducting a meal expense, the IRS allows taxpayers to use two different ... Continue Reading
  • How Long Should I Keep My Records After Filing My Tax Return? The Internal Revenue Service requires you to document the income or deductions you report on your individual or small business tax return. However, once you have used these tax records to complete your return, you may wonder whether you need to keep them and, if so, how ... Continue Reading
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