by Jeanine Hemingway CPA | Apr 10, 2018 | Business, Education, Tax Blog
April 10, 2018 – If you are self-employed, or if you have income other than your salary, (from a business, alimony, stock sales, rent, dividends and other sources) you may need to pay estimated taxes each quarter to square your tax bill with the IRS. Estimated...
by Jeanine Hemingway CPA | Feb 4, 2018 | Announcements, Business, Education, Tax Blog
February 4, 2018 – The monumental new tax law has been hailed as a big win for businesses. For starters, the bill lowers the corporate tax rate to a flat 21% on all profits. Businesses can expect many changes this year. Here’s a highlight of some of the...
by Jeanine Hemingway CPA | Jul 29, 2017 | Business, Education, Tax Blog
June 29, 2017 – Time to ditch your mileage tracker forms… Do you travel for business? Moving? Traveling to do charitable work? All of the above? You’ll want to make sure you are tracking your mileage, especially when tax season rolls around. The IRS...
by Jeanine Hemingway CPA | Jan 9, 2017 | Business, Education, Tax Blog
January 9, 2017 – It’s January– and in the accounting world, tax time will soon be underway. Whether you own a business or will file as an individual, leaving tax preparation until the eleventh hour can create disruptions to your business and unwanted...
by Jeanine Hemingway CPA | Nov 4, 2016 | Business, Education, Tax Blog
November 4, 2016 – What You Need to Know About the New Federal Overtime Rules This past May, the US Department of Labor released its final rule on the overtime exemption threshold, travel pay, and minimum wage under the Fair Labor Standards Act (FLSA). The new...
by Jeanine Hemingway CPA | Jun 6, 2016 | Business, Education, Tax Blog
January 6, 2016 – The rules for mileage deduction?The IRS is starting to come down hard on mileage deductions. If audited, records must reflect the amount of miles, time and place the driving took place, the business purpose and the business relationship to the...