December 19, 2017

For 2018, these “know your customer” procedures are being put in place that include the following questions:

  • The name and SSN of the company executive authorized to sign the corporate tax return. Is this person authorized to sign the return?

  • Payment history – W...

December 19, 2017

Beginning on Jan. 1, 2018, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

  • 54.5 cents for every mile of business travel driven, up 1 cent from the rate for 2017.

  • 18 cents per mile driven for medical or moving purpos...

December 19, 2017

Taxes must be paid as you earn or receive income during the year, either through withholding or estimated tax payments. If the amount of income tax withheld from your salary or pension is not enough, or if you receive income such as interest, dividends, alimony, self-e...

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Featured Posts

Why Should I Keep Records?

December 27, 2018

Everyone in business must keep records. Keeping good records is very important to your business. Good records will help you do the following:

  • Monit...

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