What is the Employee Retention Credit and How Does it Impact Your Taxes?
By Drew Hinrichs CPA CEO of Engage Advisors The Employee Retention Credit ERC is a broad-based refundable tax credit designed...
Engage Advisors: Keeping Up With the Tax Code
Recent changes to the tax code were designed to help businesses weather the pandemic Be sure you don t miss...
Three Tax Tips Dentists Shouldn’t Ignore
Who wants to pay more taxes than they absolutely have to We thoroughly study current tax law so our clients...
2018 Last-Minute Year-End Tax Strategies for Marriage, Kids, and Family
Are you getting married or divorced If so you need to know the year-end rules that apply in case you...
2018 Last-Minute Year-End General Business Deductions
The purpose of this blog is to get the IRS to owe you money Of course the IRS is not...
Slash Your S-Corp Taxes
Reduce S Corporation Owner s Wages As the owner of an S corporation you can legitimately cut payroll taxes by...
Meal Deductions Under the Tax Cuts and Jobs Act
In Notice - the IRS states that client and prospect business meals continue as tax deductions under the Tax Cuts...
8 Tips for Deducting Charitable Contributions
If you are looking for a tax deduction giving to charity can be a win-win situation It s good for...
Four Strategies for Your Business Loss after Tax Reform
Tax reform made a lot of good changes in the tax law for the small-business owner But the changes to...
Do Triple-Net Leases Qualify for a 199A Deduction?
Question I have two rental properties with triple-net leases They generate taxable income each year Can I get the percent...
IRS Clarifies Reasonable Comp. for S Corp. Owner’s 199A Tax Deduction
The new IRS proposed regulations confirm that the S corporation treats as wages the reasonable compensation that it pays to...
How Capital Gains Can Destroy the New 199A 20 Percent Tax Deduction
Will you qualify for the new tax code Section A percent tax deduction When looking at the possibilities don t...