Posted by Aileen Gilpin on December 28, 2016

To Avoid Penalties for Inaccurate Information

3 Quick Tips…To avoid the new penalties for inaccurate information on returns:

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Posted by Aileen Gilpin on November 8, 2016

Tips for Preparing Your Books for Year End

Posted by Aileen Gilpin on October 25, 2016

Caution on Owner-Employees

Posted by Aileen Gilpin on September 13, 2016

Common Financial Problems Businesses Face

Starting and running a business is not easy, or simple. Anyone who tells you that is wrong. Maybe it’s easy to perform your duties. Perhaps it’s easy to do something you love, and get paid for it, but there is a lot more that goes into running a business than just doing your “job”. Many times, financial issues cause serious problems for businesses. If you are aware in advance of the issues that might affect you, you’ll be ahead of the rest. (more…)

Posted by Aileen Gilpin on August 22, 2016

Cost of employer-required clothes not deductible

For the IRS. Expenditures for personal or living expenses, including clothing, generally are not deductible. Even clothing worn in connection with a trade or business is not deductible unless it meets three tests. To be deductible, the clothing: (more…)