Christmas gifts and their tax benefits

By elitecpas | December 18, 2019 | Comments Off on Christmas gifts and their tax benefits
Christmas gift

Holiday parties and gifts can help show your appreciation and provide tax breaks With Thanksgiving behind us, the holiday season is in full swing. At this time of year, your business may want to show its gratitude to employees and customers by giving them gifts or hosting holiday parties. It’s a good idea to understand…

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The biggest no-brainer for 2019 tax planning

By elitecpas | January 16, 2019 | Comments Off on The biggest no-brainer for 2019 tax planning
2018 Retirement Plans

  We’re in the new year now. and it’s never too early to start saving taxes. The reason we call this the “no-brainer” of tax planning is simple.      Amounts that are timely contributed to your Simple-IRA, 401(k), SEP-IRA, etc. are fully deductible, These amounts enjoy tax-deferred growth (the 8th wonder of the financial…

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