As 2014 comes to a close, here are a few tips to make sure you don’t miss out on the tax deduction for your charitable contributions: The IRS requires written acknowledgement from organizations for gifts worth $250 or more. Keep bank records or written statements from organizations, regardless of the amount donated. Make sure that [...]
Do you like Twitter? I really enjoy it and find it to be an amazing place to get information. If you’re not Tweeting, it’s something that you should spend some time exploring. I read a “Tweet” a few days ago that really got me thinking. Most of our clients are in business and I wanted [...]
We get a lot of questions about vehicle deductions and there’s one thing that we really try to communicate to our clients when they are getting a new business vehicle. And that one thing is: SELL YOUR OLD VEHICLE! Your business vehicle gives rise to gains and losses when sold to third parties. It works [...]
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