2019 Standard Mileage Rates Announced

The Internal Revenue Service (IRS) computes standard mileage rates for business, medical and moving each year, based on a number of factors, to determine the standard mileage rates for the following year.… Continue On +

Securing Your Patients’ Credit Card Information

You are most likely aware that credit cards are moving toward secure payments using chip technology. The secure technology is known as EMV (Euro, MasterCard, Visa), and since EMV will impact your… Continue On +

Practice Action Plan

Just like you, we love it when a plan comes together, but not everyone knows how, or where to begin, when creating that plan.  Or perhaps a plan was created, but now… Continue On +

Take Advantage of a Home Office Reimbursement

If you have a home office and are looking for ways to maximize your tax savings maybe it’s time to look into the home office reimbursement.  This reimbursement method allows a corporation… Continue On +

Children are Prime Targets for Identity Theft

One of the most surprising statistics about identity theft is that more than one million children were victims of identity theft and fraud last year (according to Javelin Strategy and Research). Fraud… Continue On +

SALT Deduction – Battle Lines Have Been Set and Swords Have Been Drawn

Tax reform has limited the federal itemized deduction for state income and local government taxes (including property taxes), collectively referred to as the SALT deduction, to $10,000 a year. This set off… Continue On +

Kiddie Tax No Longer Based on Parents’ Tax Rate

Some years back, it was not uncommon for parents to put their investments in their dependent children’s names to take advantage of their children’s lower tax rates. Although the Uniform Gift to… Continue On +

Unwelcome Surprises with Extra Treatment Costs

Let’s assume your dental patient has been properly informed about treatment and agreed in writing to estimated out-of-pocket costs. Now the patient is receiving treatment for a crown; however an additional cavity… Continue On +