May 24th, 2013 by Bryan Brown
When you’re starting a small business or considering hiring an accountant for your current company, you may be curious about the difference between professional accountants and bookkeepers. If you look at pop-culture use, you might think they’re interchangeable. However, accountants and bookkeepers actually perform separate (and important!) roles. Here’s a quick guide to help you […]
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May 17th, 2013 by Bryan Brown
Starting a business is a lot of work. You need to develop and write a business plan, determine your financing, select a location, and plenty of other time-consuming tasks. To be sure, you will need to spend the bulk of your time on certain tasks and less time on others. However, one detail that absolutely […]
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May 10th, 2013 by Bryan Brown
The decision to sell your business can be a difficult one. Many owners pour their hearts and souls into their businesses. Owning a business can be tremendously rewarding, but many times owners find that they eventually need more time outside of work, or no longer enjoy what they do, or find that the demands of […]
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May 3rd, 2013 by Bryan Brown
In many cases and for many people, doing your own taxes makes sense. If you’ve worked at the same 9-to-5 job for several years and life has been uneventful, then your return is probably pretty simple. Sometimes, though, life throws you a curve ball and all of a sudden your tax situation is much more […]
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April 26th, 2013 by Bryan Brown
Tax season may be drawing to a close (unless you filed for an extension) but there are still many reasons you should periodically size up your financial situation throughout the year. For example, if you recently adopted a child or attempted to adopt a child, your tax status may have changed. Adding to your family […]
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April 26th, 2013 by Bryan Brown
We are pleased to announce the launch of our new and improved website! We’ve been working on the new design for quite some time and you should find it useful whether visiting via a desktop, laptop, or mobile device. We welcome you to explore the new site, as we continue to provide the dedication, professionalism, […]
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February 8th, 2013 by Bryan Brown
As the 2013 filing season gets underway, some taxpayers may experience delays in filing returns and others need to revisit their returns because of the passage of the American Taxpayer Relief Act (ATRA) on January 1, 2013. Late tax legislation always complicates tax planning and filing and 2013 is no exception. ATRA extended many popular […]
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February 8th, 2013 by Bryan Brown
The IRS has announced a new optional safe harbor method, effective for tax years beginning on or after January 1, 2013, for individuals to determine the amount of their deductible home office expenses (IR-2013-5, Rev. Proc. 2013-13). Being hailed by many as a long-overdue simplification option, taxpayers may now elect to determine their home office […]
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February 8th, 2013 by Bryan Brown
Under the new health care law, starting in 2014, “large” employers with more than 50 full-time employees will be subject to stiff monetary penalties if they do not provide affordable and minimum essential health coverage. With less than eleven months before this “play or pay” provision is fully effective, the IRS continues to release critical […]
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February 8th, 2013 by Bryan Brown
Beginning in 2013, the capital gains rates, as amended by the American Taxpayer Relief Act of 2012, are as follows for individuals: A capital gains rate of 0 percent applies to the adjusted net capital gains if the gain would otherwise be subject to the 10 or 15 percent ordinary income tax rate. A capital […]
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