Tax Benefits Of Business Installment Sale – Missouri Tax Accountant

Tax Benefits Of Business Installment Sale – Missouri Tax Accountant
When selling a business, it’s important that the seller consider many different factors. The value of the business is usually the main focus during negotiations, but it’s also important to consider how the business is sold and the potential tax implications. At the end of the […]

By |January 24th, 2020|Categories: Accountants in Missouri, Auditors in Missouri, Business Valuation in Missouri, Entrepreneur Accounting Missouri, Farm Taxes Missouri, Financial Reporting in Missouri, Fraud Detection Missouri, Internal Auditors in Missouri, Missouri Accountant, Missouri Accounting, Missouri Affordable Care Act Compliance, Missouri Bookkeeper, Missouri Bookkeeping, Missouri Business Accounting, Missouri CPA, Missouri CPA Accountant, Missouri CPA Firm, Missouri Financial Statements, Missouri Payroll Service, Missouri Tax Accountant, Missouri Tax Consultant, Missouri Tax Return, MO Accounting Services, MO Certified Public Accountant, MO CPA Accounting, MO Financial Accounting, MO Forensic Accounting, MO Management Accounting, MO Payroll Accounting, MO Tax Advisor, MO Tax Preparer, Obamacare Compliance In Missouri|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |0 Comments

Impact of New Tax Laws on Estate Planning Financial Accounting in Springfield Missouri

Impact of New Tax Laws on Estate Planning Financial Accounting in Springfield Missouri
The Tax Cuts and Jobs Act doubled the estate and gift tax exemptions. This is the amount you can gift during your lifetime or give to heirs at your death without paying federal estate and gift taxes. For 2020, the exemption is $11.8 […]

By |January 10th, 2020|Categories: Accountants in Missouri, Auditors in Missouri, Business Valuation in Missouri, Entrepreneur Accounting Missouri, Farm Taxes Missouri, Financial Reporting in Missouri, Fraud Detection Missouri, Internal Auditors in Missouri, Missouri Accountant, Missouri Accounting, Missouri Affordable Care Act Compliance, Missouri Bookkeeper, Missouri Bookkeeping, Missouri Business Accounting, Missouri CPA, Missouri CPA Accountant, Missouri CPA Firm, Missouri Financial Statements, Missouri Payroll Service, Missouri Tax Accountant, Missouri Tax Consultant, Missouri Tax Return, MO Accounting Services, MO Certified Public Accountant, MO CPA Accounting, MO Financial Accounting, MO Forensic Accounting, MO Management Accounting, MO Payroll Accounting, MO Tax Advisor, MO Tax Preparer, Obamacare Compliance In Missouri|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |0 Comments

Benefits of Bunching Itemized Deductions – CPA Firm in Springfield Missouri

Benefits of Bunching Itemized Deductions – CPA Firm in Springfield Missouri
The Tax Cuts and Jobs Act resulted in a drastic deduction in the number of taxpayers who itemize deductions, because it is now difficult to have enough itemized deductions to exceed the standard deduction amount. One strategy to consider is working with your tax accountant […]

By |December 26th, 2019|Categories: Accountants in Missouri, Auditors in Missouri, Business Valuation in Missouri, Entrepreneur Accounting Missouri, Farm Taxes Missouri, Financial Reporting in Missouri, Fraud Detection Missouri, Internal Auditors in Missouri, Missouri Accountant, Missouri Accounting, Missouri Affordable Care Act Compliance, Missouri Bookkeeper, Missouri Bookkeeping, Missouri Business Accounting, Missouri CPA, Missouri CPA Accountant, Missouri CPA Firm, Missouri Financial Statements, Missouri Payroll Service, Missouri Tax Accountant, Missouri Tax Consultant, Missouri Tax Return, MO Accounting Services, MO Certified Public Accountant, MO CPA Accounting, MO Financial Accounting, MO Forensic Accounting, MO Management Accounting, MO Payroll Accounting, MO Tax Advisor, MO Tax Preparer, Obamacare Compliance In Missouri|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |0 Comments

IRS Updates Vehicle Tax Deductions For Missouri Accountants

IRS Updates Vehicle Tax Deductions For Missouri Accountants
Business owners can deduct expenses for the use of a car for business purposes, for their own driving and for employee driving. To qualify to deduct driving expenses, accountants must be able to prove that the trip was specifically for business purposes. Personal driving expenses, commuting expenses, and […]

By |December 12th, 2019|Categories: Accountants in Missouri, Auditors in Missouri, Business Valuation in Missouri, Entrepreneur Accounting Missouri, Farm Taxes Missouri, Financial Reporting in Missouri, Fraud Detection Missouri, Internal Auditors in Missouri, Missouri Accountant, Missouri Accounting, Missouri Affordable Care Act Compliance, Missouri Bookkeeper, Missouri Bookkeeping, Missouri Business Accounting, Missouri CPA, Missouri CPA Accountant, Missouri CPA Firm, Missouri Financial Statements, Missouri Payroll Service, Missouri Tax Accountant, Missouri Tax Consultant, Missouri Tax Return, MO Accounting Services, MO Certified Public Accountant, MO CPA Accounting, MO Financial Accounting, MO Forensic Accounting, MO Management Accounting, MO Payroll Accounting, MO Tax Advisor, MO Tax Preparer, Obamacare Compliance In Missouri|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |0 Comments

Implications To Missouri Farm Taxes of Livestock Sales Due To Drought

Implications To Missouri Farm Taxes of Livestock Sales Due To Drought
When dry weather conditions in parts of the country cause forced liquidation of breeding livestock and early sales of market livestock, livestock producers forced to sell livestock because of abnormally dry conditions may receive special consideration for Missouri farm taxes.
Tax Implications of Drought Induced Livestock […]

By |November 29th, 2019|Categories: Accountants in Missouri, Auditors in Missouri, Business Valuation in Missouri, Entrepreneur Accounting Missouri, Farm Taxes Missouri, Financial Reporting in Missouri, Fraud Detection Missouri, Internal Auditors in Missouri, Missouri Accountant, Missouri Accounting, Missouri Affordable Care Act Compliance, Missouri Bookkeeper, Missouri Bookkeeping, Missouri Business Accounting, Missouri CPA, Missouri CPA Accountant, Missouri CPA Firm, Missouri Financial Statements, Missouri Payroll Service, Missouri Tax Accountant, Missouri Tax Consultant, Missouri Tax Return, MO Accounting Services, MO Certified Public Accountant, MO CPA Accounting, MO Financial Accounting, MO Forensic Accounting, MO Management Accounting, MO Payroll Accounting, MO Tax Advisor, MO Tax Preparer, Obamacare Compliance In Missouri|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |0 Comments

IRS Allows Rental Real Estate To Be QBI Deduction – Missouri CPA

IRS Allows Rental Real Estate To Be Qualified Business Income Deduction
The Tax Cuts and Jobs Act added a new section 199A deduction equal to 20 percent of qualified income from a business operated directly by a taxpayer or through a pass-through entity. This deduction is only available with respect to income from a trade or […]

By |November 14th, 2019|Categories: Accountants in Missouri, Auditors in Missouri, Business Valuation in Missouri, Entrepreneur Accounting Missouri, Farm Taxes Missouri, Financial Reporting in Missouri, Fraud Detection Missouri, Internal Auditors in Missouri, Missouri Accountant, Missouri Accounting, Missouri Affordable Care Act Compliance, Missouri Bookkeeper, Missouri Bookkeeping, Missouri Business Accounting, Missouri CPA, Missouri CPA Accountant, Missouri CPA Firm, Missouri Financial Statements, Missouri Payroll Service, Missouri Tax Accountant, Missouri Tax Consultant, Missouri Tax Return, MO Accounting Services, MO Certified Public Accountant, MO CPA Accounting, MO Financial Accounting, MO Forensic Accounting, MO Management Accounting, MO Payroll Accounting, MO Tax Advisor, MO Tax Preparer, Obamacare Compliance In Missouri|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |0 Comments

R & D Tax Credit Reduces Payroll Taxes – Missouri Payroll Accounting

R & D Tax Credit Reduces Payroll Taxes
For many startup companies, the first several years of business can be a period of heavy research and development (R&D) activity, as the founders work to bring the business’ products or processes to market. Unfortunately, this period is also often marked by heavy expenses and minimal revenue, resulting […]

By |October 31st, 2019|Categories: Accountants in Missouri, Auditors in Missouri, Business Valuation in Missouri, Entrepreneur Accounting Missouri, Farm Taxes Missouri, Financial Reporting in Missouri, Fraud Detection Missouri, Internal Auditors in Missouri, Missouri Accountant, Missouri Accounting, Missouri Affordable Care Act Compliance, Missouri Bookkeeper, Missouri Bookkeeping, Missouri Business Accounting, Missouri CPA, Missouri CPA Accountant, Missouri CPA Firm, Missouri Financial Statements, Missouri Payroll Service, Missouri Tax Accountant, Missouri Tax Consultant, Missouri Tax Return, MO Accounting Services, MO Certified Public Accountant, MO CPA Accounting, MO Financial Accounting, MO Forensic Accounting, MO Management Accounting, MO Payroll Accounting, MO Tax Advisor, MO Tax Preparer, Obamacare Compliance In Missouri|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |0 Comments

New Tax Law Offers 100% Bonus Depreciation – Missouri Business Accounting

The Tax Cuts and Jobs Act made major changes to the rules on bonus depreciation for property acquired and placed into service between Sept. 27, 2017, and Jan. 1, 2027. Most significantly, it doubled the bonus depreciation deduction from 50% to 100% to allow businesses to recover the cost of capital acquisitions more quickly in […]

By |October 18th, 2019|Categories: Accountants in Missouri, Auditors in Missouri, Business Valuation in Missouri, Entrepreneur Accounting Missouri, Farm Taxes Missouri, Financial Reporting in Missouri, Fraud Detection Missouri, Internal Auditors in Missouri, Missouri Accountant, Missouri Accounting, Missouri Affordable Care Act Compliance, Missouri Bookkeeper, Missouri Bookkeeping, Missouri Business Accounting, Missouri CPA, Missouri CPA Accountant, Missouri CPA Firm, Missouri Financial Statements, Missouri Payroll Service, Missouri Tax Accountant, Missouri Tax Consultant, Missouri Tax Return, MO Accounting Services, MO Certified Public Accountant, MO CPA Accounting, MO Financial Accounting, MO Forensic Accounting, MO Management Accounting, MO Payroll Accounting, MO Tax Advisor, MO Tax Preparer, Obamacare Compliance In Missouri|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |0 Comments

IRS Eases 401K Hardship Rules – Tax Accountant in Springfield Missouri

The IRS has issued new rules that will expand employees’ access to their 401(k) funds in cases of financial hardship. Unlike loans, hardship withdrawals are not repaid to the plan with interest, so they permanently reduce the employee’s account balance. Hardship withdrawals also are subject to income tax and, if participants are younger than age […]

By |October 4th, 2019|Categories: Accountants in Missouri, Auditors in Missouri, Business Valuation in Missouri, Entrepreneur Accounting Missouri, Farm Taxes Missouri, Financial Reporting in Missouri, Fraud Detection Missouri, Internal Auditors in Missouri, Missouri Accountant, Missouri Accounting, Missouri Affordable Care Act Compliance, Missouri Bookkeeper, Missouri Bookkeeping, Missouri Business Accounting, Missouri CPA, Missouri CPA Accountant, Missouri CPA Firm, Missouri Financial Statements, Missouri Payroll Service, Missouri Tax Accountant, Missouri Tax Consultant, Missouri Tax Return, MO Accounting Services, MO Certified Public Accountant, MO CPA Accounting, MO Financial Accounting, MO Forensic Accounting, MO Management Accounting, MO Payroll Accounting, MO Tax Advisor, MO Tax Preparer, Obamacare Compliance In Missouri|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |0 Comments

Impact of Tax Reform on Home Office Deduction – Business Accounting Springfield MO

Tax reform made a lot of changes to business accounting, and while high-profile moves, like reduced rates for corporate and individual income taxes, got a lot of attention, some of the smaller changes largely went unnoticed. One change you may not have heard about was the elimination of the deduction for those employees who maintain […]

By |September 19th, 2019|Categories: Accountants in Missouri, Auditors in Missouri, Business Valuation in Missouri, Entrepreneur Accounting Missouri, Farm Taxes Missouri, Financial Reporting in Missouri, Fraud Detection Missouri, Internal Auditors in Missouri, Missouri Accountant, Missouri Accounting, Missouri Affordable Care Act Compliance, Missouri Bookkeeper, Missouri Bookkeeping, Missouri Business Accounting, Missouri CPA, Missouri CPA Accountant, Missouri CPA Firm, Missouri Financial Statements, Missouri Payroll Service, Missouri Tax Accountant, Missouri Tax Consultant, Missouri Tax Return, MO Accounting Services, MO Certified Public Accountant, MO CPA Accounting, MO Financial Accounting, MO Forensic Accounting, MO Management Accounting, MO Payroll Accounting, MO Tax Advisor, MO Tax Preparer, Obamacare Compliance In Missouri|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |0 Comments