2018 Standard Mileage Rates
Beginning on , the standard mileage rates for cars, vans, pickups, and panel trucks will be . cents per mile for business miles, cents per mile for medical or moving... Read More >
Strong Passwords Help Keep Tax Data (and Other Data) Safe
Passwords are often the key to guarding access to personal information and data stored on computers or sent over email. Because most taxpayers file their returns electronically and access account... Read More >
Some thoughts on year end tax planning
Since tax changes are in the air maybe , let me inject some reality with suggestion for year tax planning based on existing law and with the probability of no... Read More >
Medical Residents Not Exempt from FICA Taxes
The state of Utah executed an agreement under Section of the Social Security Act that exempted full-time students from FICA taxes. This agreement was later modified to include part-time students.... Read More >
Payments to Corporate Officer Subject to Employment Taxes
During an employment tax audit of an S corporation, the IRS determined that wages paid to the taxpayer s corporate officer were unreasonably low, and recharacterized portions of distributions as... Read More >
Ultrasound Services Company Was a Personal Service Corp
A husband and wife owned a C corporation that provided ultrasound services to medical offices and clinics throughout southern Colorado. For the years at issue, the corporation calculated its tax... Read More >
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As a top advisor to physicians, I help increase practice profits by delivering hands-on, expert medical accounting/tax support, practice counsel, and revenue-building strategies. Read More >
