January 2019

2019 is here, and it’s almost time to file your first tax return under the new law. But you probably sat around watching sports all weekend instead of talking taxes, didn’t you. (Did Santa bring a new TV?) So, as we ring in the New Year, let’s take a look Read more…

Two questions: Did you prepay your 2019 rent so that you have a big 2018 tax deduction? How do you identify in your accounting records the monies you put on your IRS Form 1099-MISC for the business rent payments to your landlord? For the 1099-MISC, do you simply look at Read more…