Q&A: Can the IRS Require Odometer Readings with the Mileage Rate?

July 3, 2019

Question Let s say you are under IRS audit for business mileage You claimed business miles at the IRS optional...

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Update on New Court-Approved Way to Defeat IRS Penalties

June 19, 2019

Like you we at Engage Advisors don t like IRS penalties That s why we keep you up to date...

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Fraud by Tax Preparer Creates Big Trouble for Client

May 29, 2019

Is your tax preparer honest We sure hope so You likely see indicators one way or the other If your...

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FAQs on Section 199A Rules

May 22, 2019

Did you or your tax advisor use the wrong Section A rules when filing your tax return The IRS issued...

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How to Properly Deduct Sports Team Sponsorship

May 15, 2019

Are you considering sponsoring a local sports team this year Maybe you already are The sponsorship usually entails buying the...

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Did Employee Recreation and Parties Survive Tax Reform?

April 24, 2019

You take your employees to a hotel meeting room for an all-day intensive training You buy them lunch The cost...

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How to Deduct Your Swimming Pool and Other Home Improvements as Medical Expenses—All Legal If You Do It Right

April 17, 2019

Estimated Tax Tip Savings A swimming pool you install for medical reasons could increase your tax deductions by or more...

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Tax Deduction for Classic or Antique Cars Used in Business

April 10, 2019

Have you considered buying an antique or a classic car versus a new car as a business-use vehicle Let s...

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Planning Big Purchases: When can you afford it?

April 4, 2019

Chances are you became a dentist to help people and enjoy a comfortable life for yourself and your family The...

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Why Dentists Should Consider an In-House Membership Plan

March 20, 2019

Are you considering an in-house dental plan Maybe you already have one up and running The fact is an in-house...

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Is Your Non-Dental CPA Hurting Your Practice? Purchasing New Technology

March 6, 2019

Are you considering an upgrade to a CEREC Galileos or maybe even Waterlase Iplus or Solea Laser This new technology...

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IRS Issues Final Section 199A Regulations and Defines QBI

February 22, 2019

If you operate a pass-through business such as a proprietorship partnership or S corporation new tax code Section A offers...

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