INFOFLASH BLOG
Tax
- You Asked, We Answered: Answers to Clients’ Most Tax Common Questions (11/26/2018) Do you have questions about taxes, business planning, strategic planning? You are not alone. McConnell & Jones’ tax team is…
- It’s The Most Wonderful Time of the Year! Tax Year-End Reminders (11/15/2018) Year End Reminders…. The end of the year is a great time to review your tax situation for any significant…
- Everyone is an Owner: The Reclassification of Businesses (11/12/2018) Some experts are predicting that the recent tax legislation will create a ton of new business creation and activity –…
- Save or Shred: Tax Record Retention Guidelines (9/17/2018) When deciding on a firm’s record retention procedures, it would be wise to consult federal and IRS regulations and state…
- Top 9 Tax Mistakes That Cost You Money (9/14/2018) With the arrival of 1099s and W-2s from your employer, banks and others, it’s time to get down to the…
- Owe the IRS? A Quick Guide on Navigating Back Taxes (9/12/2018) So you look through your mail and find a letter from the Internal Revenue Service. When you open it, you…
- What the New Tax Law Means for the Home Equity Loan Interest Deduction (7/25/2018) Prior to the recent tax law changes, taxpayers were allowed to deduct qualifying mortgage interest on loans up to $1…
- Parents are Winning with Increased Child Tax Credit (7/11/2018) The child credit has long been a fan favorite of taxpayers for years. Now that the Tax Cuts and Jobs…
- Dishing on Employee Meals: Tax Reform and Meals and Entertainment Expenses (6/25/2018) Over the years, the idea of only larger companies providing employee meals has drastically changed. Employers providing meals to employees…
- Defining the Difference: Calendar Tax Year Vs. A Fiscal Tax Year (5/16/2018) Many business owners use a calendar year as their company’s tax year. It is a simple method that aligns with…