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Returning Value Blog

3 Breaks For Business Charitable Donations You May Not Know About

Posted by Don G. Chastain, CPA on Jun 27, 2017

Donating to charity is more than good business citizenship; it can also save tax. Here are three lesser-known federal income tax breaks for charitable donations by businesses.

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Posted in Business Tax

3 Reasons To Outsource Your Business's Bookkeeping

Posted by Murry Guy, CPA on Jun 23, 2017

As a small-business owner have you ever considered outsourcing your bookkeeping services?  Here are 3 good reasons why you might consider outsourcing this function.

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Posted in Accounting & Outsourcing

Does Your Company Have an Effective Anti-Fraud Policy?

Posted by Aaron K. Waller, CPA on Jun 22, 2017

 

With all the buzz about cyberattacks and cyberthreats, it’s all too easy to take your eyes off of a common threat that is much closer to home—fraud that occurs within your own organization. While no business owner wants to think about embezzlement occurring within their own employee population, it can and does happen on a frequent basis.

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Posted in Business Advisory

2017 Q3 Tax Calendar: Key Deadlines for Businesses and Other Employers

Posted by Jessica L. Pagan, CPA on Jun 21, 2017

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2017. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements.

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Posted in Business Tax

How Controlling Core Business Costs Can Boost Your Profit Margin

Posted by Michael D. Machen, CPA, CVA on Jun 20, 2017

It’s a near certainty that businesses of any size or scope would seek to reduce costs, if given the chance. And why not? Lowering costs is arguably the most direct way to increase profitability.

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Posted in Business Advisory

Seven Midyear Strategies in Vogue

Posted by Marty Williams, CPA on Jun 19, 2017

Popular ideas for individuals and businesses

While the climate for tax reform remains uncertain, individual taxpayers and small-business owners are advised to act based on the current laws of the land, unless there is a definite change. Keeping that in mind, here are seven ideas to consider as we head into summer.

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Posted in Individual Tax

Does the IRS Really Make Unannounced Visits to Taxpayer's Homes?

Posted by Lisa Albritton on Jun 16, 2017

The IRS initiates most contacts through regular mail delivered by the United States Postal Service. However, there are circumstances in which the IRS will call or come to a home or business

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Posted in Individual Tax

Dot the "i’s” and Cross the "t’s” On Loans Between Your Business and Its Owners

Posted by Lesley L. Price, CPA on Jun 13, 2017

It’s common for closely held businesses to transfer money into and out of the company, often in the form of a loan. However, the IRS looks closely at such transactions: Are they truly loans, or actually compensation, distributions or contributions to equity?

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Posted in Business Tax

Choosing The Best Way To Reimburse Employee Travel Expenses

Posted by Nick Wheeler, CPA on Jun 12, 2017

If your employees incur work-related travel expenses, you can better attract and retain the best talent by reimbursing these expenses. But to secure tax-advantaged treatment for your business and your employees, it’s critical to comply with IRS rules.

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Posted in Business Tax

5 Tips to Consider Before You Buy A Franchise

Posted by Michael D. Machen, CPA, CVA on Jun 09, 2017

If you are a entrepreneur seeking to buy a franchise these 5 tips may help you ensure you're making the right choice. 

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Posted in Business Advisory

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