05-Feb-2019

NO MORE ENTERTAINMENT

Entertainment business deductions are gone now, so make sure that if you’re making a business outing with your clients that..

31-Jan-2019

Health Insurance Mandate is Over

Hopefully you knew, because of this blog or some other source, that the mandate to have health insurance as an..

29-Jan-2019

Ailing Alimony

So the new tax treatment for alimony we mentioned back in May is now in effect.  For any new divorces..

24-Jan-2019

Managing Layoffs Better

Sometimes, for your company to survive you need to make tough decisions, and layoffs are one of the most difficult..

22-Jan-2019

2019 IRA and 401(k) Contributions

As is typical, the maximum 401(k) and IRA contributions will increase for 2019.  This year the increase is by $500..

17-Jan-2019

Fake Tax Transcripts

Another day, another scam.  Hopefully by now you know the rule: the IRS communicates by snail mail only, and if..

15-Jan-2019

New TIA for New Mexico

Our clients fill out a form called a Tax Information Authorization (TIA) which allows the Department of Taxation and Revenue..

10-Jan-2019

Social Security Updates for 2019

If you’re on Social Security you probably want to know what’s going on this year.  The most relevant change to..

08-Jan-2019

First-quarter Interest Rates Increase

Interest rates for the first quarter of 2019 have been announced by the IRS.   They changed this time! For individuals..

27-Dec-2018

Twelve Days of Christmas

CPAs celebrate the holidays too, just with a little bit of accounting flair.  Share in the festivities with our version..