by Jeanine Hemingway CPA | Jul 23, 2019 | Business, Education, Tax Blog
It’s summertime! You may be in the midst of your summer fun and family vacation, but taking time for a mid-year tax check-up could save you time and headaches come end of year. Personal and financial events, such as getting married, sending a child to college, or...
by Jeanine Hemingway CPA | Jul 3, 2019 | Business, Education, Lifestyle
How Business Owners Set Goals, Create Budget, & Improve Forecasting Small business is what makes our country strong! They represent 99 percent of all U.S. businesses. However, the challenges of running a small business can be overwhelming. Every business owner...
by Jeanine Hemingway CPA | Feb 6, 2019 | Announcements, Business, Education, Tax Blog
There is a lot of confusion surrounding the new Section 199A Qualified Business Income Deduction. Let’s try to shed light on this new rule. What is QBI? The qualified business income (QBI) deduction provides a significant opportunity for business owners to cut... by Jeanine Hemingway CPA | Dec 7, 2018 | Business, Education, Tax Blog
The sweeping tax plan that Congress passed last December includes lower tax brackets and a nearly doubling of the standard deduction. But plenty of taxpayers who are starting their tax planning for 2018 are hitting complications, due to several provisions that remain... by Jeanine Hemingway CPA | Oct 10, 2018 | Business, Education, Tax Blog
Beyond football season and fall festivities, it’s also a perfect time to take advantage of all the tax knowledge and tools at your disposal before December 31st. Pre-planning now will help you to estimate your income taxes, qualify for the right...
by Jeanine Hemingway CPA | Sep 11, 2018 | Business, Education, Tax Blog
Will Your Withholding Cover Your Taxes? According to the Government Accountability Office, 2 in 10 taxpayers will owe money to the IRS next year. That means that over 30 million people aren’t withholding enough or not paying enough in estimated...