At Bullock, Garner, & Leslie, we’re your Melbourne CPA firm to help you maximize your business tax benefits and carefully plan your business’s tax strategy. With proper record-keeping, you won’t have to fear an audit, but we’re sharing tips on some potential red flags that can help you avoid an audit in the first place. Our first bit of audit-avoiding advice is to be careful when classifying employees as independent contractors. Independent contractors are not the same as employees, and …
The United States Small Business Administration offers tax tips to small enterprises, and at Bullock, Garner, & Leslie we’re sharing some of their strategies for a successful tax season. We’d like to remind you to take advantage of the Affordable Care Act’s benefits for small businesses. The tax credits within the Affordable Care Act allow small businesses to cover up to 35 percent of the health care premiums a small business pays to cover its workers. If you’ve paid anything …
The United States Small Business Administration offers tax tips to small enterprises, and at Bullock, Garner, & Leslie we’re sharing some of their strategies for a successful tax season. Today we move on to a very specific strategy: utilizing the Small Business Jobs Act Tax Provisions. The Small Business Jobs Act of 2010 includes 17 tax provisions that decrease tax burdens for small businesses, and at Bullock, Garner, & Leslie, we’re your Melbourne CPA firm to help you understand how …
The United States Small Business Administration offers tax tips to small enterprises, and at Bullock, Garner, & Leslie we’re sharing some of their strategies for a successful tax season. Today we’ll go over the first in our series of tips: saving documentation to deal with the possibility of an audit. The strategy here is as simple as proper record-keeping coupled with understanding available deductions. It’s important to keep accurate records year-round, and we’re your Melbourne accountants to help with that! …
As the economy has steadily improved, tax breaks designed to help underwater homeowners have expired. Unless lawmakers extend The Mortgage Forgiveness Debt Relief Act another year at this late hour, the consequence for a short sale has worsened. At Bullock, Garner, & Leslie we’re your Melbourne FL CPA firm to help you manage these tax law changes. Underwater homeowners lost their available tax break on December 31, 2013 when the Mortgage Forgiveness Debt Relief Act expired. President Bush signed the …