Check Your Tax Withholding Soon

Mike Miller TAX TIPS

Over the last week, the IRS has been putting out several news releases encouraging tax payers to check their withholding soon. We agree; it is a very good idea for all tax payers to do do a review of their withholding. So much has changed over the last year with …

Preparing Your Business in Case of a Disaster

Mike Miller Small Business, TAX TIPS

Can you imagine if you had a flood, fire, or natural disaster destroy your business and everything in it? No, we don’t want to imagine it either. But, it is important to prepare yourself and your business in case of a disaster. Come up with an emergency plan and update it …

Scam Alert: Taxpayers Beware

Mike Miller TAX TIPS

Tax time is a busy time of year for accountants, the IRS and scam artists to boot. Taxpayers need to be vigilant with personal information, as there are many different scams surfacing. Beware of who you are giving your information to via phone or email. The IRS released a statement …

Questions About the New Tax Plan?

Mike Miller TAX TIPS

Everyone is hopeful that the new tax plan will spur economic growth. But, how will the new tax plan affect you? Well, it depends… If you are a large corporation, you will see a fairly large benefit as the maximum tax rate is being decreased from 35% to 21%. If …

Small Business Saturday

Mike Miller Small Business, TAX TIPS

Small businesses are the heart of our business. We love helping small businesses with their accounting, payroll and taxes. Here a resource with tons of information for small businesses from the IRS… https://www.irs.gov/businesses/small-business-and-self-employed-tax-center Small businesses, just like ours, survive on local support. So, this Saturday, shop local. Find the shops …

Donations to Charity

Mike Miller Accounting, TAX TIPS

Many businesses donate to charitable/non-profit organizations throughout the year, so they can write off the contributions on their taxes. It’s a wonderful way to support causes and organizations you care about, and have a tax deduction. But, if not done properly on the correct tax forms, that money won’t get …