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marketing

Make The Most of Your Marketing Dollars

  Optimize your marketing spend to get the most for your money.   One of the most important success factors of small businesses is the ability to generate revenue, and to do that, most businesses need to market their services and products to bring in new clients and sales. The challenge for a small business…

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Drip

Shore Up The Money Leaks In Your Business

The 10 Biggest Cracks in Your Accounting System The last thing most entrepreneurs want is for their hard-earned dollars to go down the drain because of a money leak in their business. Since so many entrepreneurs are working harder than ever before earning their living, it just makes sense to shore up every profit leak…

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home

How 2018 Tax Policy Affects Homeownership

    Emil Abedian, CPA discusses the 2018 tax policy changes and how it affects homeownership with Scott Groves and Justin Bayle of LendLA. If you have any questions about your mortgage, please contact Scott Groves – Scott@LendLA.com or Justin Bayle – Justin@LendLA.com (800-450-2010 ext 5562).

Law

New Tax Legislation Limits Pass-Through Income Deduction

New tax legislation, which President Trump will likely be signing into law in the coming days, eliminates the 20 percent pass-through income deduction for what the law refers to as a “specified service trade or business.”  These specified service providers include accountants, lawyers, health professionals, as well as other trades or businesses where the principal…

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Year End Planning

2017 is coming to a close with sweeping new tax legislation on the horizon. While the changes don’t take effect until 2018 (with one minor exception), I want to alert you to some steps you might take before year-end to preserve the best possible tax results. As you explore these ideas, mostly you will find…

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Reasonable

What is Reasonable? Decoding Payroll for S Corporation Shareholders

S Corporation shareholders enjoy limited personal liability and a beneficial pass-through structure; income and losses pass through the corporation and to the owner’s personal tax returns.  With this tax structure, shareholder distributions from an S corporation aren’t treated as self-employment income, hereby avoiding the high self-employment tax rate on their share of the income.  This…

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Washington

Tax Legislation Update

By now most of you know that pending tax reform legislation is underway.  On November 16 the House of Representatives’ passed its version – HR 1: The Tax Cuts and Jobs Act.  Also on November 16, the Senate Finance Committee approved its amendments.  Next week we should see the full Senate’s vote.  As we promised…

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