In a recent tax court case, the IRS has successfully denied a “pizza deduction” for wages paid out in, well, pizza (Ross, TC Summ. Op. 2014-68). In this case, a small business…
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On June 30, 2014, the Supreme Court offered their Hobby Lobby decision related to the Affordable Care Act. In their decision, they limited the scope of their findings to closely…
This may seem like an obvious statement, but the expansion of e-commerce and logistical support systems has made interstate commerce far more prevalent than at any other time in our…
A Health Reimbursement Arrangement is an account funded by an employer to reimburse employees for medical care expenses. In the past, these arrangements have also been available to reimburse employees for purchasing…
It’s year end, do you know what your inventory number is? It is not uncommon to finish the year end inventory count and find that the company needs to make…
If you think publications printed by the IRS offering tax guidance are a final authority, think again. In a recent tax court ruling, the judge reinforced that the “plain language”…
MarketWatch is reporting this morning that former Secretary of Defense Donald Rumsfeld has sent his annual letter to the Internal Revenue Service stating that he does not know whether his…
On February 4, 2014, Marshall Gunn, CPA sat with Casey Black DeSantis and Charlene Shirk for the first installment of this year’s Tax Tips Tuesdays with First Coast Living on…
In his recent State of the Union Address, President Obama introduced America to MyRA (or, “My Retirement Account”) for people who lack employer-sponsored retirement plans. He signed a presidential memorandum…
The recent ACA update is poised to affect QuickBooks users in several ways. If you are one of many QuickBooks users who runs payroll through QuickBooks, there are some additional…
