Sweeten the pot

Sweeten your 2017 tax return by planning ahead -- before the end of the year. And why not get a head start on your New Year's resolution? Round up and organize your expensable receipts!

Individuals

Looking for a New Job? Search Expenses Can Be Tax Deductible

If you had to book a flight for a face-to-face job interview, the airfare is more than likely a deductible expense -- regardless of whether you get the job. > Some exceptions

Maximizing Deductions: Year-End Strategies To Save Money

Need glasses or contact lenses? Sitting on an outstanding medical bill? C onsider taking care of those expenses by December 31 -- if you itemize and exceed the limitation, they may reduce your taxable income. > Get the details

Businesses

Selling Your Business: Know the Tax Consequences Beforehand

The sale of a business is the sale of a group of items. Some may be depreciable capital assets; others may be inventory. Each item is treated differently in determining gain or loss. > Understand your options

Substantiating Business Expenses: Save Those Receipts

To your business owner, webmaster, inventory tracker and custodian hats, it is imperative to append "record-keeper." > It's this easy

Working With Your Spouse: Is Your Spouse Your Employee?

The employment tax requirements for a married couple in a business partnership differ from those that apply to the couple in an employer-employee relationship. > The differences

If you need help navigating deductions, c all our office at 505-984-0646 to schedule an appointment.