When it comes to running a successful business, staying on top of all your finances is key. Unfortunately, handling many of these financial aspects can be quite complicated. Click the article for tips to help ease this complicated process!
Taxpayers keep asking, "Will I be paying more tax or less tax in 2018? The tax brackets are decreasing but so many of my deductions are going away. How do I know where I will fall out?" CST Group is here to guide you through the new tax law and help calculate how the different nuances of the new tax law will impact you.
Over the last decade, Cryptocurrencies’ popularity has soared! It is no surprise that it has sparked much debate since being launched in 2009. Despite the spike in popularity, there is still much to learn as to how these currencies should be tracked, treated and taxed.
What exactly is appreciated property? The total deduction for charitable contributions on an individual income tax return cannot exceed 50% of the donor’s adjusted gross income (AGI). This limitation has been increased to 60% starting with tax year 2018. Click here to learn more.
In 2000, Congress passed the Senior Citizens Freedom to Work Act which introduced a new concept of“Voluntary Suspension”. The most recent changes to the law and factors such as earnings history, relative ages, life expectancy, and more are all factors that will determine the best strategy. Click here to learn more.
Small business tax fraud has become one of the leading scams across the country and can completely wreck your company's reputation. In order to avoid committing tax fraud, check out these helpful tips you should consider.
Did you know that a common misperception about starting a new business is all costs associated with new business are immediately deductible? If you are in doubt about your deduction, click this article to learn more.
Whenever valuing a minority ownership, i.e. less than 50% ownership of a closely held business, it is necessary to include discounts to the final valuation to reflect the minority interest and lack of marketability.
Now that we have had a couple of weeks to analyze the new law in place, many taxpayers are anxiously trying to determine what this all means for them. Click here to read the article by CST Group Partner Kathy Jensen.
Congress has enacted the biggest tax reform law in thirty years, one that will make fundamental changes in the way you, your family and your business calculate your federal income tax bill, and the amount of federal tax you will pay.
In today’s fast paced ever changing world, many self-employed individuals have found effective ways to reduce overhead costs and office rent by setting up an office space in their home. Not self- employed? Click the article to learn more.