Taxes

Tax reform did much damage to tax deductions for business entertainment and meal expenses. BASC Expertise small business accounting Gilbert can guide you. But meals served at business presentations survived the entertainment and prospect and client meal bloodletting. And not only did presentation expenses survive as deductions, but they also continue as 100 percent business […]

You likely know that tax reform did away with business tax deductions for prospect and client golf. BASC Expertise small business tax filing Gilbert can guide you. But did you know that charity golf is gone too? Buried in tax reform is the elimination of the 100 percent business deduction for charity golf and other

You likely have heard conflicting information on the deductibility of business meals with clients and prospects. BASC Expertise small business tax filing Mesa can guide you. BASC Expertise small business tax filing Mesa has spent time researching this issue, and my conclusion is that tax reform eliminated tax deductions for business meals with clients and

The due date for certain entities to provide 2017 health coverage information forms to individuals in 2018 has been extended, tax preparation Mesa can guide you. Insurers, self-insuring employers, other coverage providers, and applicable large employers now have until March 2, 2018, to provide Forms 1095-B or 1095-C to individuals, which is a 30-day extension

Taxpayers may sometimes find themselves in situations when they need to withdraw money from their retirement plan early. What they may not realize is that taking money out early from your retirement plan may trigger an additional tax. BASC Expertise Mesa tax preparation can help. Here are 10 things taxpayers should know about early withdrawals

Starting in February 2018, individuals with “seriously delinquent tax debts” will be subject to a new set of provisions courtesy of the Fixing America’s Surface Transportation (FAST) Act, signed into law in December 2015. BASC Expertise Mesa tax preparation . The FAST Act requires the IRS to notify the State Department of taxpayers the IRS

More than half of all businesses today are home-based. Every day, people are striking out and achieving economic and creative independence by turning their skills into dollars. Garages, basements, and attics are being transformed into the corporate headquarters of the newest entrepreneurs–home-based business people. BASC Expertise Gilbert tax preparation specializes in small business. And, with

When you decide to start a business, one of the most important decisions you’ll need to make is choosing a business entity. It’s a decision that impacts many things–from the amount of taxes you pay to how much paperwork you have to deal with and what type of personal liability you face, and with the

The Form W-2 scam has emerged as one of the most dangerous phishing emails in the tax community. During the last two tax seasons, cybercriminals tricked payroll personnel or people with access to payroll information into disclosing sensitive information for entire workforces. BASC Expertise, Mesa tax preparation can answer your questions. Last year, more than

If you are having trouble paying your debts, it is important to take action sooner rather than later. Doing nothing leads to much larger problems in the future, whether it’s a bad credit record or bankruptcy resulting in the loss of assets and even your home. If you’re in financial trouble, then here are some