Insights from Your Trusted Financial Partner

  • Increased Business Meal Deductions for 2021 and 2022

    by Dennis Harabin CPA
    Article Highlights: Business Meals Under TCJA 100% Deduction for 2021 and 2022 Qualifications  If you recall, the Tax Cuts and Jobs Act (TCJA), ...

  • What Are the Tax Advantages of Home Ownership?

    by Dennis Harabin CPA
    Article Highlights:  Historically Low Interest Rates Purchase Costs Points Mortgage Payments Refinancing Property Taxes Inflation Gain Exclusion ...

  • How to Address Rising Tax Problems During COVID-19

    by Dennis Harabin CPA
    COVID-19 has caused the death of over 300,000 people. There have been nearly 19 million reported cases in the United States. COVID-19 has touched ...

  • Finally, the COVID Relief Package Is Law

    by Dennis Harabin CPA
    Article Highlights Additional 2020 Recovery Rebates  Paycheck Protection Program (PPP) Loans & Small Business Support  Clarification of Tax T...

  • 2021 Standard Mileage Rates Announced

    by Dennis Harabin CPA
    Highlights: Standard Mileage Rates for 2021 Business, Charitable, Medical and Moving Rates Important Considerations for 2021 Switching between t...

  • How to Create Recurring Transactions in QuickBooks Online

    by Dennis Harabin CPA
    QuickBooks Online saves time and improves accounting accuracy in numerous ways. One example is its support for recurring transactions. It’s easy ...

  • 5 Resolutions QuickBooks Online Users Should Make for 2021

    by Dennis Harabin CPA
      New year, new challenges, and the potential for new successes. Here are five ways you can improve your financial management in 2021. A painful ye...

  • Didn’t Get Your Economic Impact Payment? You Can Claim It on Your 2020 Return

    by Dennis Harabin CPA
    Article Highlights: Economic Impact Payments High-Income Taxpayer Phaseout Using the 2018 and 2019 Returns Who Qualified for a Rebate? Deceased I...

  • Your Annual Reminder to File Worker 1099s

    by Dennis Harabin CPA
    Article Highlights: 1099-NEC Filing Requirements Independent Contractor Filing Threshold Form W-9 Worksheet This is our annual reminder that if ...

  • New Business? Tax Issues to Consider

    by Dennis Harabin CPA
    Article Highlights: Business Entity Selection Start-Up Cost Elections Organizational Expenses Equipment Depreciation & Expensing Opportunitie...

  • IRA Withdrawal Planning Can Save on Taxes

    by Dennis Harabin CPA
    Article Highlights:  Early Distributions Distributions After Age 59½ Minimum Required Distributions After Age 72 Excess Accumulation Penalty Esta...

  • Tax Issues to Be Aware of as Year-end Approaches

    by Dennis Harabin CPA
    Article Highlights: Take Full Advantage of Your Deductions Traditional IRA Contributions at Any Age Make Charitable Contributions with IRA Funds ...