Blogs about: Partnership Taxation 1065

Tax Strategies for Small Businesses - Part 4

Steve Eubanks, EA, MBA wrote 2 days ago: The Startup Expenditure Rules As discussed earlier, ordinary and necessary expenditures are tax dedu … more →

Tags: General Taxation, Individual Taxation (1040), Corporation Taxation (1120 / 1120S), Small Business, Start-up, Business, Expenses, organizational

Tax Strategies for Small Businesses - Part 3

Steve Eubanks, EA, MBA wrote 1 week ago: The Importance of Accounting Records Everyone in business must keep records. Good records will help … more →

Tags: General Taxation, Individual Taxation (1040), Exempt Orgs (990), Corporation Taxation (1120 / 1120S), Small Business, Tax, Income, Expenses, Record-keeping

Tax Strategies for Small Business - Part 2

Steve Eubanks, EA, MBA wrote 2 weeks ago: Charitable Contributions of Property and Services Many well intended small business owners have aske … more →

Tags: General Taxation, Individual Taxation (1040), Corporation Taxation (1120 / 1120S), Small Business, Tax, small business, Contribution, charitable

Tax Strategies for Small Businesses - Part 1

Steve Eubanks, EA, MBA wrote 3 weeks ago: Small Business Tax Deductions Business owners are great at spending money. Sometimes they spend wise … more →

Tags: General Taxation, Individual Taxation (1040), Corporation Taxation (1120 / 1120S), Small Business, Tax, small business, Deductions, Expenses

Medical Expense Reimbursement Plan (Section 105) Eligible Expenses

Steve Eubanks, EA, MBA wrote 5 months ago: In March 2010, the Patient Protection and Affordable Care Act (PPACA) amended previous legislated de … more →

Tags: General Taxation, Individual Taxation (1040), Corporation Taxation (1120 / 1120S), Small Business, BizPlan, Section 105, merp, medical expenses

Medical Expense Reimbursement Plan (Section 105) - BizPlan

Steve Eubanks, EA, MBA wrote 5 months ago: Corporate America has long recognized that its most important assets are its employees.  Companies h … more →

Tags: General Taxation, Individual Taxation (1040), Corporation Taxation (1120 / 1120S), Estate and Trust (1041), Small Business, Tax, Self employed, BizPlan, Section 105

Tax Credit Available for Hiring Qualified Veterans

Steve Eubanks, EA, MBA wrote 6 months ago: Just a reminder – Hire a veteran and get a tax credit. The VOW to Hire Heroes Act of 2011 made … more →

Tags: General Taxation, Individual Taxation (1040), Exempt Orgs (990), Corporation Taxation (1120 / 1120S), Small Business, Tax, credit, Veteran, vow

Why a partner reports more income than he receives in cash

Steve Eubanks, EA, MBA wrote 11 months ago: You may be taxed on more partnership income than was distributed to you from the partnership in whic … more →

Tags: General Taxation, Individual Taxation (1040), Small Business, Tax, Income, Distribution, Partner

Take Advantage of Business Vehicle Expenses

Steve Eubanks, EA, MBA wrote 1 year ago: The IRS allows you to take your actual business vehicle expenses or the standard deductions.  The cu … more →

Tags: General Taxation, Individual Taxation (1040), Corporation Taxation (1120 / 1120S), Small Business, Tax, Business, Mileage, Vehicle, standard deduction

Depreciation for 2012

Steve Eubanks, EA, MBA wrote 1 year ago: The depreciation rules have changed for 2012 to be less generous then in previous years. Here are th … more →

Tags: General Taxation, Individual Taxation (1040), Corporation Taxation (1120 / 1120S), Small Business, 1040, 1120, Depreciation, bonus, Section 179

Limited Liability Company (LLC) as Choice of Entity

Steve Eubanks, EA, MBA wrote 1 year ago: I am writing you at this time to explain the major reasons why it might be appropriate for your busi … more →

Tags: General Taxation, Individual Taxation (1040), Corporation Taxation (1120 / 1120S), Small Business, Tax, llc, partnership, limited liability, strategic tax group

Year End Tax Planning

Steve Eubanks, EA, MBA wrote 1 year ago: Year-end tax planning is especially challenging this year because of uncertainty over whether Congre … more →

Tags: General Taxation, Individual Taxation (1040), Corporation Taxation (1120 / 1120S), Small Business, Tax, Planning, Year End

IRS Increases Mileage Rates Starting July 1

Steve Eubanks, EA, MBA wrote 1 year ago: The Internal Revenue Service today announced an increase in the optional standard mileage rates for … more →

Tags: General Taxation, Individual Taxation (1040), Corporation Taxation (1120 / 1120S), Small Business, Tax, Charity, Medical, Miles, Rate

What is an Enrolled Agent?

Steve Eubanks, EA, MBA wrote 2 years ago: What is an Enrolled Agent? An Enrolled Agent (EA) is a federally-authorized tax practitioner who has … more →

Tags: Small Business, General Taxation, Individual Taxation (1040), Exempt Orgs (990), Corporation Taxation (1120 / 1120S), Estate and Trust (1041), Tax, Enrolled agent, EA

Strategic Tax Group Will Be At The North Dallas Chamber of Commerce Business Expo

Steve Eubanks, EA, MBA wrote 2 years ago: Strategic Tax Group is proud to participate as an exhibitor at the North Dallas Chamber’s 8th … more →

Tags: General Taxation, Individual Taxation (1040), Exempt Orgs (990), Corporation Taxation (1120 / 1120S), Estate and Trust (1041), Small Business, Tax, Business, Expo

Individual and Business Extenders in the 2010 Tax Relief Act

Steve Eubanks, EA, MBA wrote 2 years ago: In addition to extending the Bush tax cuts, providing relief from the AMT, and cutting the payroll t … more →

Tags: Small Business, General Taxation, Individual Taxation (1040), Exempt Orgs (990), Corporation Taxation (1120 / 1120S), Estate and Trust (1041), Tax, 2010, 2011

Small Business Jobs Act of 2010 (P.L. 111-240)

Steve Eubanks, EA, MBA wrote 2 years ago: The recently enacted 2010 Small Business Jobs Act includes a wide-ranging assortment of tax breaks a … more →

Tags: General Taxation, Individual Taxation (1040), Exempt Orgs (990), Corporation Taxation (1120 / 1120S), Small Business, Health Care, small business, tax credit, small employer

Admitting a New Partner

Steve Eubanks, EA, MBA wrote 2 years ago: You and your partners are planning to admit a new partner into your partnership. The new partner wil … more →

Tags: General Taxation, Individual Taxation (1040), Small Business

IRS Notice 2010-44: Tax Credit for Employee Health Insurance Expenses of Small Employers

Steve Eubanks, EA, MBA wrote 2 years ago: The IRS posted detailed guidance for eligible small employers purchasing employee health insurance t … more →

Tags: Small Business, General Taxation, Individual Taxation (1040), Corporation Taxation (1120 / 1120S), 2010-44, tax credit, Health Insurance, small employers


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