(913) 239-9130 info@mccpas.com

WAYS TO MAXIMIZE BUSINESS DEDUCTIONS

Article Highlights New Business Legal and professional fees Spousal Joint Ventures Self-employed Health Insurance Home Office Deducting the Cost of Business Equipment Advertising Expenses Website Costs Financing Vehicle Expenses Business Meals As a small business...

RMDS AND IRA-TO-CHARITY DISTRIBUTION PROVISIONS

Article Highlights Required Minimum Distributions Qualified Charitable Distribution QCD Benefits Fly In the Ointment Tax law requires individuals who have reached age 72 to begin taking minimum distributions from their traditional IRA accounts. These are referred to...

TAX BENEFITS FOR PEOPLE WITH DISABILITIES

Article Highlights: ABLE Accounts Disabled Spouse or Dependent Care Credit Medical Deductions Home Modifications Special Schooling Nursing Services Impairment-related Work Expenses Individuals with disabilities, as well as parents of disabled children, are eligible...

HOW QUICKBOOKS ONLINE TRACKS PRODUCTS AND SERVICES

Most small businesses maintain a changing inventory of multiple products. Even if you sell one-of-a-kind goods, you need to know what you’ve sold and what’s available. And if your company sells services, you also have to keep track of what you’re able to offer...