August 21, 2018
According to new rules from the Tax Cuts & Jobs Act, meals and entertainment tax-deductible expenses for businesses have undergone considerable reform. Because the explanations of new deduction guidelines can be confusing, we’ve created this brief outline for you. A visit with your accounting professional to ensure your Chart of Accounts is correct may also be beneficial.
Keep expense details specific with coinciding receipts. Your bookkeeper will be grateful!
Remember, we are here to help, so contact our office any time for further explanation on new meals and entertainment rules.
BOSS is the answer to your back office headaches. Our cloud-based solution enables you to hand complex accounting tasks over to us. We work the numbers while providing you 24/7 access to your data—and all at a fixed, affordable monthly fee.
June is national safety month, and it never hurts to remind your clients and community that safety always comes first. Our goal with this blog is to help you augment your marketing initiatives with a few ideas around safety. While we can’t cover every industry in a single post, we hope that you find the tips below useful and that they spark some innovative new marketing ideas!
Our Team Member Spotlight is on Rachel Dillon, Client Service Manager. Rachel plays an integral role in the workflow and mechanics that make Dillon CPAs a well-oiled machine. Her disciplined focus on client care, authenticity with staff relationships and conscientious work ethic all contribute to the success of our firm. Outside Rachel’s professional persona, the traits that drive her personally make for one very interesting individual. We invite you to get better acquainted with Rachel through her responses to the following questions.
It’s graduation season, and for many parents that means it’s almost time to start shelling out for college tuition. For those well-prepared parents with established 529 plans in place, the time has come to tap into that money pool. Of course, when it comes to tax-advantaged savings, trust that the IRS is keeping close watch, so it’s important to avoid making any rookie mistakes. It’s also important to keep saving as you move forward.
