Posts by elitecpas
How to navigate the Medicare maze
Common pitfalls in applying for Medicare.
Read MoreA tax shelter like no other
The only tax shelter that you can deduct contributions and not be taxed on distributions.
Read MoreWhat do the letters IRS really stand for?
Our readers offer their suggestions.
Read MoreReasons clients like to visit our office
Reasons to visit our office
Read MoreThe most confusing IRS form of this tax season
Your company may be responsible for preparing the 1095. See below to find out if you’re responsible.
Read MoreFreedom in Georgia declines by 25%
Just how free are you? It may depend on where you live.
Read MoreDid you think the 50% tax rate was gone?
The other tax date in April – this one can cost you 50!
Read MoreDon’t let your deduction get washed out
How the “wash sale” rules can cancel your current year write-off
Read MoreWhat simple math can tell you about Social Security
You don’t have to be a genius to know what simple math ratios indicate is happening to social security. Just take a look at the chart below, and you’ll know why you can’t trust Social Security exclusively for your retirement. [lightbox link=”https://elitecpatax.com/wp-content/uploads/2016/01/numberssworkers.jpg” thumb=”https://elitecpatax.com/wp-content/uploads/2016/01/numberssworkers-940×673.jpg” width=”940″ align=”left” title=”numberssworkers” frame=”true” icon=”image” caption=””] Planning now is always better than…
Read MoreOut with the old – in with the new mileage rates
It’s easy to forget about the business use of your personal car. Here’s how to calculate this deduction for all your business miles.
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