Posts by elitecpas

Can you deduct your rental losses?

By elitecpas | November 22, 2016 | Comments Off on Can you deduct your rental losses?

Can you deduct the loss on your rental property? Here’s the answer.

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Replacing a business vehicle?

By elitecpas | November 21, 2016 | Comments Off on Replacing a business vehicle?

Are you being tax-smart to trade in your old business vehicle?

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Selling your business?

By elitecpas | November 21, 2016 | Comments Off on Selling your business?

Selling your business? Installment reporting may save both time and tax.

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The Electoral College – should we eliminate it?

By elitecpas | November 2, 2016 | Comments Off on The Electoral College – should we eliminate it?

Doe the EC still serve a useful purpose? The answer is surprising!

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Scary tax personel

By elitecpas | October 31, 2016 | Comments Off on Scary tax personel

Watch out for these tax monsters on Halloween!

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New overtime rules – summarized in one page

By elitecpas | October 31, 2016 | Comments Off on New overtime rules – summarized in one page

The new overtime rules- a one page sumary.

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Salaries for owners of S-Corporations

By elitecpas | September 23, 2016 | Comments Off on Salaries for owners of S-Corporations

As a shareholder and an employee. your corporation pays you a salary. Is it reasonable in the eyes of the IRS?

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Every 100 years or so . . .

By elitecpas | September 20, 2016 | Comments Off on Every 100 years or so . . .

Confused about the Obamacare shared responsibility payments? Here’s help.

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Excel – what to do when the numbers don’t line up

By elitecpas | September 20, 2016 | Comments Off on Excel – what to do when the numbers don’t line up

Can’t make the numbers align on your report? This will help.

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The new overtime law

By elitecpas | August 25, 2016 | Comments Off on The new overtime law

what’s the real effect on wage earners?

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