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✕August 13, 2018
Because donations to charity of cash or property generally are tax deductible (if you itemize), it only seems logical that the donation of something even more […]
August 13, 2018
For small businesses, managing payroll can be one of the most arduous tasks. Adding to the burden earlier this year was adjusting income tax withholding based […]
August 10, 2018
There was talk of repealing the individual alternative minimum tax (AMT) as part of last year’s tax reform legislation. A repeal wasn’t included in the final […]
August 8, 2018
In many parts of the country, summer is peak season for selling a home. If you’re planning to put your home on the market soon, you’re […]
August 7, 2018
Meal, vehicle and travel expenses are common deductions for businesses. But if you don’t properly document these expenses, you could find your deductions denied by the […]
June 4, 2015
On May 26th, the IRS announced that more than 100,000 people have now become victims of “a new, sophisticated identity theft scheme.” The thieves used the […]
December 16, 2019
Every year AFairchild CPA hosts a post-tax season event. In the past the company has hosted a company cruise, a night at the rodeo, a day […]
December 13, 2019
You may have heard of the “nanny tax.” But even if you don’t employ a nanny, it may apply to you. Hiring a housekeeper, gardener or […]
December 13, 2019
If you’re a small business owner or you’re involved in a start-up, you may want to set up a tax-favored retirement plan for yourself and any […]
December 11, 2019
You may have heard about a proposal in Washington to cut the taxes paid on investments by indexing capital gains to inflation. Under the proposal, the […]