Posts made in December, 2016


The 2016 tax season brings new due dates that will impact nearly all filers, mainly because of changes related to legislation Congress passed.  The due date changes with the most impact will likely be those changes for Partnership tax returns (Form 1065) and C Corporation tax returns (Form 1120). Essentially the due dates have swapped, with Partnership returns due March 15th and C Corporation returns due April 18th. The significant...

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Don’t Quit


Posted By on Dec 21, 2016

Being an entrepreneur is challenging. At times the journey may feel lonely, since must of the times people don’t understand us. However, you must continue and don’t quit. As we approach the end of the 2016 calendar year, I want to share this poem with you.   When things go wrong, as they sometimes will, When the road you’re trudging seems all uphill, When the funds are low and the debts are high, And you want to...

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  As the end of the year approaches, it’s a good time to think of planning moves that will help lower your tax bill for this year. One strategy that will provide big tax deductions is purchasing a vehicle. If you’re looking for a replacement business car, SUV, van, or pickup truck, then now is the time to act. If you want the deductions, you need to • own the vehicle, and • place it in business service before midnight on December...

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