If you receive paychecks from one or more employers, it’s a good idea to do an annual checkup to make sure the right amount of income tax is being withheld. Even if you claimed an appropriate number of withholding allowances on Form W-4, there’s no guarantee that your total withholdings will match your tax liability […]
The IRS has released final regulations and another round of proposed regs for the first-year 100% bonus depreciation deduction. The Tax Cuts and Jobs Act (TCJA) expanded the deduction to 100% if the qualified property is placed in service through 2022, with the amount dropping each subsequent year by 20%, until it sunsets in 2027. […]
The new revenue recognition standard became effective for nonpublic entities on January 1, 2019, yet many companies still find themselves struggling with how to apply it. The standard was issued by the Financial Accounting Standards Board (FASB) and can be found within Accounting Standards Codification (ASC) 606, Revenue from Contracts with Customers. The struggle is […]
Sometimes, you want your eggs in one basket. When it comes to software, one package that can meet all your functional needs would be ideal. Unfortunately, in the hospitality industry, there is no single solution. From an accounting perspective, all your debits and credits should be in order, but the software that does the accounting […]
Learn about the steps that individuals can take in 2019 to accelerate their retirement planning approach including smart investing- Atlanta Financial Planning.
Learn about whether your trust is subject to state tax and the various states where trusts are subject to state taxes – Moore Colson – Atlanta CPA firm.