News Articles

22

December

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Business Tax Extenders from the Tax Increase Prevention Act of 2014

Business Tax Extenders from the Tax Increase Prevention Act of 2014 In the recently enacted “Tax Increase Prevention Act of 2014,” Congress has once again extended a package of expired or expiring individual, business, and energy provisions known as “extenders.” The extenders are a varied assortment of more than 50 individual and business tax deductions, … Continued

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22

December

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Individual Tax Extenders from the Tax Increase Prevention Act of 2014

Individual Tax Extenders from the Tax Increase Prevention Act of 2014 In the recently enacted “Tax Increase Prevention Act of 2014,” Congress has once again extended a package of expired or expiring individual, business, and energy provisions known as “extenders.” The extenders are a varied assortment of more than 50 individual and business tax deductions, … Continued

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10

December

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How much time is left to make donations for a 2014 charitable donation deduction?

How much time is left to make donations for a 2014 charitable donation deduction? To take a 2014 charitable donation deduction, the gift must be made by Dec. 31, 2014. According to the IRS, a donation generally is “made” at the time of its “unconditional delivery.” But what does this mean? Is it the date … Continued

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09

December

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Protect Your Business with Corporate Minutes

Protect Your Business with Corporate Minutes It’s not always necessary to document the every day business decisions you make as a contractor. However, if your construction business is a corporation, it’s important to understand state requirements regarding shareholders’ and directors’ meetings and maintaining corporate minutes. Corporate minutes not only provide a written history of the … Continued

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02

December

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Buying a business vehicle before year-end may reduce your 2014 taxes

Buying a business vehicle before year-end may reduce your 2014 taxes If you’re looking to reduce your 2014 taxes, you may want to consider purchasing a business vehicle before year end. Business-related purchases of new or used vehicles may be eligible for Section 179 expensing, which allows you to expense, rather than depreciate over a … Continued

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