Selling a small to medium-sized business is a complex venture, and many business owners are not aware of the tax consequences. BASC Expertise specializes in Gilbert small business accounting. If you’re thinking about selling your business the first step is
Have you considered hiring your children to work on your rental properties? Is so, were you concerned when you did not see a line item for wages on Schedule E of your Form 1040? Contact BASC Expertise, Mesa tax
Tax reform changes the alimony game. BASC Expertise, Gilbert tax professional can guide you through this difficult process. This may or may not have any relevance to you, but if it does, you will want to move quickly. The
The Tax Cuts and Jobs Act (TCJA), known as tax reform, made it more difficult for you to deduct your legal fees. BASC Expertise your Mesa tax professional can guide you through the process. The new tax reform law
The recent tax reform contains two big changes to how much you can deduct in mortgage interest for tax years 2018 through 2025: During this seven-year period, you may not deduct any interest on prior or current home equity
You hate IRS penalties, right? Everyone does! BASC Expertise your Mesa tax professional can help alleviate your stress. There are a lot of strategies we can use on your behalf to potentially defeat an IRS penalty. Thanks to
Tax reform has had a significant impact on the tax deductions you can now claim for business entertainment and meals. This can be confusing to business owners, please contact your Gilbert small business accountant for guidance. The chart below
The recent tax reform destroyed what was a win-win tax benefit for both the employer and the employee. BASC Expertise your Gilbert tax specialist can guide you through the changes. Transportation fringe benefits came into being in 1992 under the
Updated income-tax withholding tables have been released for 2018 reflecting changes made by the tax reform legislation enacted last month. BASC Expertise payroll Mesa can help your small business. The updated withholding information, available on IRS.gov, shows the new rates
You and your S corporation continue to enjoy good news in 2018 when it comes to your health insurance. BASC Expertise business accounting Mesa can guide you. And that good news also applies to your 2017 taxes. You first have
