Article Highlights:
Business Use of Home
Prorated Use
Owned Home
Rented Home
Exclusive Use
Meal Allowance
Other Deductions
A taxpayer who is in the business of providing family day care in their home may deduct…
https://www.islernw.com/wp-content/uploads/2018/10/daycareisler.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2018-10-01 22:40:562018-10-01 22:40:56Day Care Providers Enjoy Special Tax Benefits
Article Highlights:
Shared Responsibility Payment
Executive Order
Hardship Exemption
Exemption Certification Number
The Affordable Care Act (Obamacare) included a “shared responsibility payment,” which in reality is…
https://www.islernw.com/wp-content/uploads/2018/09/islernwhardship.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2018-09-28 01:23:332018-09-28 01:23:33Hardship Exemption Rules for Not Having Health Insurance Eased
If So, Your 20% Flow-Through Tax Deduction May Be Limited
Article Highlights:
20% Flow-Through Deduction
Qualified Trade or Business
Specified Service Trade or Business
Deduction Table
Listing of Service Businesses
As…
https://www.islernw.com/wp-content/uploads/2018/09/hammertime.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2018-09-25 00:37:202018-09-25 00:37:20Do You Own a Specified Service Trade or Business?
Article Highlights:
Business Owners
Family and Home
Records
Disaster Scams
Self-help Publications
Government Assistance
This year’s wildfires, record rains, flooding, tornadoes, hurricanes and potential for earthquakes…
https://www.islernw.com/wp-content/uploads/2018/09/emergencyprepardness.jpg425637IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2018-09-21 21:30:192018-09-25 00:39:28Are You Prepared for a Disaster?
Article Highlights:
Increased Standard Deduction
Tax-Exempt Income
Impairment-Related Work Expenses
Financially Disabled
Earned Income Tax Credit
Child or Dependent Care Credit
Special Medical Deductions
Qualified…
Article Highlights:
Payroll Taxes
Corporate Officers
Employees of a Corporation
Reasonable Salaries
Factors
Flow-Through Deductions
Wage Limitations
Unlike a C corporation, which itself pays the tax on its taxable…
https://www.islernw.com/wp-content/uploads/2018/09/S-Corp-isler-NW.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2018-09-16 22:49:432018-09-16 23:06:58Reasonable Compensation and S Corporations
Article Highlights:
Income Deferral
Earnings Deferral
Individual Retirement Accounts
Retirement Accounts
Bank Savings
Short- and Long-Term Capital Gains
Education Savings Accounts
Health Savings Accounts
When you…
If you dread every minute of the time you spend on accounting, you should know how QuickBooks Online can change your outlook.
How long would it take you to determine:
What your total expenses for this quarter are?
Whether or not…
https://www.islernw.com/wp-content/uploads/2018/09/qbarticle.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2018-09-09 00:36:342018-09-16 23:07:36Not Using QuickBooks Online? What You’re Missing Out On
Article Highlights:
• SALT Tax Limits
• State Work-arounds
• Converting Tax Deductions to Charitable Contributions
• IRS Regulations
• Taxpayer Beware
Tax reform has limited the federal itemized deduction for state…
https://www.islernw.com/wp-content/uploads/2018/09/taxdeductionssalt.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2018-09-06 04:46:272018-09-16 23:08:30SALT Deduction – Battle Lines Have Been Set and Swords Have Been Drawn
Article Highlights:
High-Income Professionals
Specified Service Trade or Business
Sec. 199A Deduction
Defined Contribution Retirement Plans
Defined Benefit Retirement Plans
Tax Savings
If you are a high-income professional…
https://www.islernw.com/wp-content/uploads/2018/09/taxsavings.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2018-09-01 04:50:462019-12-31 09:31:45How High-Income Professionals Can Benefit from the Pass-through Deduction
Day Care Providers Enjoy Special Tax Benefits
Small Business, Tax TipsHardship Exemption Rules for Not Having Health Insurance Eased
2018 Tax Laws, Tax TipsDo You Own a Specified Service Trade or Business?
UncategorizedAre You Prepared for a Disaster?
Business, Education, NewsDisabled Taxpayer Tax Benefits
Tax Tips, TaxesReasonable Compensation and S Corporations
Accounting, Business, Finance TipsUnderstanding Tax-Deferred Investing
Investment, Personal Finance, Tax TipsNot Using QuickBooks Online? What You’re Missing Out On
Business, Finance Tips, Personal Finance, Tax TipsSALT Deduction – Battle Lines Have Been Set and Swords Have Been Drawn
Tax News, Tax Tips, TaxesHow High-Income Professionals Can Benefit from the Pass-through Deduction
Deductions, Uncategorized