2020 Tax Update Webinar
Thursday, December 17th 2pm EST
Tax & Strategic Planning
Understanding both individual and corporate tax practice is what the accountants at John Kiley CPA, LLC do best. We pride ourselves on the ability to clearly communicate with our clients to help them navigate not only tax season, but their financial futures as a whole.
We believe that every client deserves financial freedom and to understand which tax strategies are most rewarding for their unique situations. That is why we strive every day to provide our clients with the best customer service available and to never allow a prerecording to do the job for us.
IF YOU RUN A BUSINESS FROM HOME, YOU COULD QUALIFY FOR HOME OFFICE DEDUCTIONS
Business owners may be able to save tax with home office deductions. If you’re working from home (like lots of people these days), you may qualify. Here’s a rundown of the rules.
Did you make donations in 2020? There’s still time to get substantiation
In order to claim a charitable deduction on your tax return of $250 or more, you need a written acknowledgment from the charity. What if you haven’t received one yet for a charitable donation you made in 2020?
2021 individual taxes: Answers to your questions about limits
How much can you contribute to an IRA for 2021? How much is the standard deduction? Here are some Q&As about these and other tax-related amounts for 2021.
The power of the tax credit for buying an electric vehicle
Thinking about buying a new electric vehicle? While you’re considering factors like acceleration and the range of the battery before recharging, check out the federal tax break that may be available.
The new Form 1099-NEC and the revised 1099-MISC are due to recipients soon
A filing requirement is coming up if your business pays independent contractors or makes other payments.
Educate Yourself About The Revised Tax Benefits For Higher Education
Changes have been made to education tax breaks in the new Consolidated Appropriation Act.
The COVID-19 relief law: What’s in it for you?
Can you benefit from the massive new Consolidated Appropriation Act signed into law? Here are some of the tax highlights for individuals.
The Right Entity Choice: Should You Convert From A C To An S Corporation?
Are you reconsidering the choice of entity for your business? These are several factors to consider when converting from a C corporation to an S corporation. Here are four of them.
The Next Estimated Tax Deadline is January 15 If You Have To Make a Payment
The fourth estimated tax payment deadline for 2020 is coming up. Here are the details of when it is and whether you’re required to make a payment.