Ashton Accounting Group FloridaMay 21, 20192 minBusiness Owners and Reporting Cash PaymentsHere’s what Business Owners should know about reporting cash payments! Federal law requires a person to report cash transactions of more ...
Ashton Accounting Group FloridaMay 21, 20191 minHow Social Security WorksTo qualify for Social Security, you need to accumulate 40 work credits, which works out to about 10 years of work. Once you've accumulate...
Ashton Accounting Group FloridaMay 21, 20192 minBusiness vs. Personal ExpensesIRS “WARNING”>>>>>>>”Business means Business”! The IRS has issued again another “New Warnings” and which we need to remind our clients. W...
Ashton Accounting Group FloridaMay 21, 20193 minChanges to Meals and Entertainment ExpensesExpensing & Proving Travel Expenses after Tax Reform As you likely know by now, your travel meals continue under tax reform as tax-deduct...
Ashton Accounting Group FloridaMay 21, 20191 minCryptoCurrency and the IRSIRS tells taxpayers to report cryptocurrency transactions or face “HUGE” penalties. The Internal Revenue Service issued a reminder Friday...
Ashton Accounting Group FloridaMay 21, 20192 minSHOP your Insurance!Insurance: Professional, General Liability, Workman’s Compensation, and Car Insurance. For years I heard “You should “Shop your Insurance...
Ashton Accounting Group FloridaMay 21, 20192 minThe Importance of Saving Your Tax ReturnWant PDF copies of your Business and Personal Returns? We offer full PDF copies of your Tax Return/s (no charge). But There is a Huge Imp...
Ashton Accounting Group FloridaMay 21, 20193 minThree Important IRS Audit WordsSince most of our clients know, I began my professional accounting work doing IRS Audits and I have been doing Business and Personal audi...
Ashton Accounting Group FloridaMay 21, 20192 minBuilding Your Business' Credit RatingImportant 5Cs Steps in Developing and Building Business Lines of Credit: Working with many small business for over 25 years we have exper...
Ashton Accounting Group FloridaMay 21, 20192 minIndependent Contractors and Petty Cash Tax RequirementsA. Independent Contractors … Independent Agreements/1099s/Invoices: [ ] Please make sure we have all completed I/C Agreements (please che...
Ashton Accounting Group FloridaMay 21, 20197 minRetirement Planning By AgeAge 50 Turning 50 has its own issues, separate from retirement planning. But for many people it's an attention-getter. You have now enter...
Ashton Accounting Group FloridaMay 21, 20193 minSteps to Take in "Raising Your Credit Score"Always request a copy of your credit report and comb for errors. In 2013, the Federal Trade Commission shared findings that roughly one i...
Ashton Accounting Group FloridaMay 21, 20193 minSmall Business and Credit CardsIf you understand how the cycle of credit cards work, then you can use them to help you, your business, and cash flow and use the credit ...
Ashton Accounting Group FloridaMay 21, 20192 minWorkers Comp: Essential for Most Small BusinessesWorkers Compensation Insurance for Small Businesses: www.myfloridacfo.com/division/WC/ (website) Under the Laws of the State of Florida y...
Ashton Accounting Group FloridaMay 21, 20192 minIRS Demands Proof of PaymentFor many years now the banks no longer sending out the “Cancelled Checks” (with your monthly statement), you will not have proof that a c...
Ashton Accounting Group FloridaMay 21, 20192 minDo You Own a Business or Have a Hobby?IRS Classification of Business §162 or Hobby §183? Business Owners will always explain to their accountant their business is not a hobby ...
Ashton Accounting Group FloridaMay 21, 20192 minSmall Business Owners and InsuranceImportant…..ARE YOU PREPARED? Since I have been an accountant for over 30 years, and during that time, I have had several clients that ha...
Ashton Accounting Group FloridaMay 20, 20192 minIRS Phone ScamsThe IRS is warning taxpayers again, about a new twist on an old “Phone Scams” as criminals use telephone numbers that mimic IRS Taxpayer
