Author: Lisa Beamer
May 12, 2020
Episode 232: How Changes To Retirement Plans Make Everybody More Secure
Wendy breaks down the Setting Every Community Up For Retirement Enhancement (SECURE) Act on this episode of unsuitable on Rea Radio.
Oct 1, 2019
Does The IRS Care About Your Fantasy Football Team?
The game may be "fantasy" but the money is real.
Mar 26, 2019
When It Comes To The IRS, It’s All About The Small Victories
The IRS has lowered the penalty relief threshold to 80 percent. Keep reading to learn what this change means to you.
Mar 11, 2017
The Three Categories of Meal and Entertainment Expenses
Trying to determine which meal and entertainment expenses are nondeductible, 50 percent deductible and 100 percent deductible? This article should help.
Nov 21, 2016
Bonus Depreciation Yields Big Savings For Business Owners
Since introduced as part of the Job Creation and Worker Assistance Act of 2002, bonus depreciation continues to be a powerful tool for year-end business tax planning. Keep reading to discover just how powerful.
Dec 8, 2015
Need Help Staying Home? There’s A Deduction For That
As your health or the health of someone you care about begins to “slip” you may consider bringing in some additional assistance to help improve functionality and overall well being. Fortunately, you may be able to catch a bit of a break on your tax bill thanks to the personal medical expense deduction. Read on to learn more.
Jan 20, 2015
What’s Your FICO?
Do you know your credit score? This year, more people than ever before will have access to this valuable piece of information, which is significant if you are considering borrowing money. A few days ago Bank of America and JPMorgan Chase and Ally Financial announced that it will begin offering FICO credit scores to consumers … Continued
Jun 4, 2014
Are You A High Roller?
Have you ever found yourself on the lucky side of a casino, a lottery ticket or a riverboat? If so, listen up! You may feel lucky, but don’t forget about the IRS. Every year when we prepare tax returns for clients, we come across the lucky individual who receives a W-2G from their favorite casino, … Continued
Oct 25, 2012
Surprise – Self-Employment Taxes
So many self-employed individuals have asked me, “Why are my taxes so high? Individuals with their own business, including single member LLC’s, not only pay federal income taxes at their appropriate tax bracket, but they will also be liable for the Social Security and Medicare tax on the earnings of the business. As an employee … Continued
Jul 11, 2007
Do You Offer Your Employees a Section 125 Plan?
If you don’t currently offer your employees a Section 125 Plan, have you considered the benefits of starting one? Generally speaking, a Section 125 Plan allows your employees to withhold an amount from their paycheck that is not subject to the federal income tax, Social Security tax or Medicare tax. Most often, Section 125 Plans … Continued