Here is a link to a recent IRS article regarding record keeping. It is every business owner’s responsibility to keep good records, or to hire us to do it for you!
Have questions about the new tax bill? Here’s a Forbes article that provides a pretty good summary of the main points. We’re still digesting some of the finer details, but this should help address immediate questions as we roll into the holidays.
Just released on Thursday, see how the proposed changes could affect your taxes. http://www.thetaxadviser.com/news/2017/jun/senate-health-care-bill-tax-provisions-201716930.html
For those of you with HSAs — higher potential deductions for both family and individual plans. http://www.thetaxadviser.com/news/2017/may/2018-inflation-adjustments-for-hsa-201716604.html
Life gets complicated, let us help with the numbers! We’re scheduling summer tax and/or business planning meetings now.