by LeAnne Perkowski | Jun 20, 2019 | Melinda's blog
Business travel is still tax-deductible, under the Tax Cuts and Jobs Act of 2017 (TCJA), but there is a major difference now. Relatively few individuals will be able to claim such deductions; for the most part, deductions can be taken only at the company level. How is...
by LeAnne Perkowski | Jun 13, 2019 | Melinda's blog
The national median cost of a private room in a nursing home is $8,365 a month (over $100,000 a year), according to the 2018 Genworth Cost of Care Survey. Similar costs for assisted living and home health care are nearly $50,000 a year. Costs are higher in some areas,...
by LeAnne Perkowski | Jun 3, 2019 | Melinda's blog
From Melinda May, CPA | Featherstone Year-end tax planning is on the agenda for many taxpayers, with good reason. That said, you don’t have to wait for November or December to make astute moves. Planning in June or July can lead to tax savings that might be reduced or...
by LeAnne Perkowski | Feb 22, 2019 | Melinda's blog
S corporations. File a 2018 calendar-year income tax return (Form 1120S) and pay any tax due. Provide each shareholder with a copy of Schedule K-1 (Form 1120S), Shareholder’s Share of Income, Deductions, Credits, etc., or a substitute Schedule K-1. If you want...
by LeAnne Perkowski | Feb 21, 2019 | Melinda's blog
A Tip for Partnerships in March – File a 2018 calendar-year return (Form 1065). Provide each partner with a copy of Schedule K-1 (Form 1065), Partner’s Share of Income, Deductions, Credits, etc., or a substitute Schedule K-1 (Form 1065). If you want an...
Recent Comments