Blog

Meals and Entertainment Changes Under Tax Reform

Posted on February 7, 2018 by Amy Bloomgren

The Tax Cuts and Job Act (TCJA) enacted extensive changes to the deductibility of meals and entertainment expenses for companies. If you are in the business of entertaining your clients and customers, you will want to know about these...Read More

Updated 2018 Withholding Tables – Taxpayers Could See Paycheck Changes by February

Posted on January 18, 2018January 19, 2018 by Amy Bloomgren

The Internal Revenue Service released Notice 1036 on January 11, 2018. The notice updated the income-tax withholding tables for 2018 which reflects changes made by the tax reform legislation enacted last month. This is a first in a series of steps that...Read More

A Healthy Start to the New Year!

Posted on January 5, 2018January 15, 2018 by Amy Bloomgren

Happy New Year! All of the guests have returned home, the holiday decorations are taken down and packed away, the hustle and bustle of the holiday season has passed, and you can finally take a breath! Whew! Another year gone...Read More

Lake County Victims May Qualify for a Flood Tax Credit

Posted on November 29, 2017 by Amy Bloomgren

Many home and business owners are still struggling to restore their property after suffering through the historic flooding in summer of 2017. Fortunately, there is some relief on the way. Homeowners and small businesses in Lake and 17 other counties impacted by the...Read More

Newly Revised Employment Verification Form

Posted on August 22, 2017August 22, 2017 by Amy Bloomgren

In December of 2016 we learned the United States Citizenship and Immigration Services ("USCIS") announced the release of a newly revised Employment Verification Form, Form 1-9. Employers were asked to begin using the newly revised Form I-9 as of January 22,...Read More

Tax Payment Options to the IRS

Posted on April 12, 2017 by Amy Bloomgren

If you owe taxes to the IRS, your payment must be received by the due date, even if you apply for more time to file. Failure to pay on-time will result in penalties and interest. This year, the tax deadline...Read More

Support for QuickBooks 2014 Ends May 31, 2017

Posted on March 14, 2017 by Amy Bloomgren

If you haven't heard, on May 31, 2017, support for QuickBooks 2014 products will end. This includes all versions of QuickBooks 2013 (Pro, Premier, Enterprise Solutions, Accountant Edition, and Mac). If you are using payroll, merchant services, technical support or...Read More

Standard Mileage Rates and Deductions for 2017

Posted on February 6, 2017February 6, 2017 by Amy Bloomgren

[caption id="attachment_1403" align="aligncenter" width="1920"] 2017 Standard Mileage Rates[/caption] Whenever you drive for business, medical purposes, a charitable organization or move for work, you may be able to get a mileage deduction and save money on your taxes. Beginning on January 1, 2017,...Read More

What are Your Plans for Your Tax Refund?

Posted on January 20, 2017January 20, 2017 by Amy Bloomgren

What are you planning to do with your tax refund this year? [caption id="attachment_1391" align="alignright" width="300"] Tax Refund[/caption] Pay down debt, put it in savings, use it for everyday expenses or a major purchase; how about a vacation? Whatever it...Read More

New Form I-9 for 2017

Posted on December 1, 2016 by Amy Bloomgren

On November 14, 2016, the United States Citizenship and Immigration Services ("USCIS") announced the release of a newly revised Employment Verification Form, Form I-9. Employers are required to use the Form I-9 to verify the identity and employment authorization eligibility...Read More