by somichcpa | Feb 5, 2019 | Corporate Taxes, Individual Taxes, Tax Tips
Tax forms come in more varieties than flavors of ice cream. Nearly any time something of value changes hands, there’s a specific tax form available to capture it for posterity. Check out the list below to familiarize yourself with some of the forms that are likely to...
by somichcpa | Feb 4, 2019 | Individual Taxes, Retirement Planning, Tax Tips
The Social Security Administration announced a 2.8 percent boost to monthly Social Security and Supplemental Security Income (SSI) benefits for 2019. The increase is the largest in seven years, and is based on the rise in the Consumer Price Index over the past 12...
by somichcpa | Feb 3, 2019 | Corporate Taxes, Tax Tips
Small business owners have a number of options on how to organize their business for tax purposes. Many small, single owner, businesses are not incorporated, and are deemed “sole proprietors”, in the eyes of the IRS. Other business entities, like C...
