• EG Conley Home
  • Why EG Conley
    • Business Performance Advisors
    • Strategic Performance Plan
    • The Principa Alliance
    • Our Team
  • Our Services
    • Business Performance & Growth
    • Performance Benchmarking
    • Tax Services
    • Audit
    • Business Valuations
    • Succession Planning
    • Peer Reviews
    • Retirement Plan Services
    • Payday Solutions
  • Tax Tools
    • Tax Tips
      • Individual
      • Business
      • Financial
    • Tax Rates
    • Due Dates
    • Financial Tools
    • Retention Guide
    • IRS Forms
  • Events
    • Summits & Webinars
  • News
    • Monthly Newsletter
    • Daily News
  • Contact Us
    • Careers

EG Conley Blog

Making your business more valuable.

  • Blog Home
  • Tax Tips
    • Business
    • Individual
    • Non-Profit
    • Payroll
  • Business Performance
  • QuickBooks
  • Accounting
Home Archives for Tax Tips Individual

Congress Passes 2014 Tax Extenders

Posted on December 18, 2014 Written by John Marsh, CPA Leave a Comment

Calendar 2014 tax extenders

Providing their usual timely and efficient service, Congress has finally moved to extend several tax provisions which expired at the beginning of the year. H.R.5771 was passed by the House on December 3, 2014, and was just approved by the Senate on … [Read more...]

Filed Under: Business, Individual, Tax Tips Tagged With: Credits, Depreciation, IRAs, S Corps, Section 179

Tax Deductions: Avoiding the IRS Hobby Loss Restrictions

Posted on October 21, 2014 Written by John Marsh, CPA Leave a Comment

Do you have a job or own a primary business, but also have another business activity on the side? If the side business generates losses, you might not be able to use those losses against other income if the IRS determines that the side business is … [Read more...]

Filed Under: Business, Individual, Tax Tips Tagged With: Deductions

Tax Tips #1 – Donate Appreciated Stock to Charity

Posted on October 14, 2014 Written by John Marsh, CPA Leave a Comment

There’s a chill in the air (depending on your latitude) and the leaves are turning color. Naturally, your thoughts turn to next April’s taxes. No? Unfortunately, yes, it’s time to start thinking about your 2014 tax bill. Some strategies can be … [Read more...]

Filed Under: Individual, Tax Tips Tagged With: Charity, Deductions

Losses on Sales to a Related Party

Posted on September 16, 2014 Written by John Marsh, CPA Leave a Comment

Due to the opportunity for abusive transactions between related parties, the IRS generally does not allow a taxpayer to take a tax loss on a sale of property to a related party. The problem Suppose Carl has a vacation home on a lake.  He invites … [Read more...]

Filed Under: Business, Individual, Tax Tips Tagged With: Capital Gains, Losses, Sales & Exchanges

Taxes: Rental of your residence or vacation home

Posted on August 18, 2014 Written by John Marsh, CPA Leave a Comment

The tax treatment of income and expenses related to renting your residence or vacation home varies, depending on how many days the property is used for rental purposes as opposed to personal purposes. A residence with personal and rental use … [Read more...]

Filed Under: Individual, Tax Tips Tagged With: Deductions, Income, Rentals

Auto deductions – the standard mileage rate method

Posted on January 2, 2014 Written by John Marsh, CPA Leave a Comment

You can deduct the cost of business use of your car using one of two methods: the actual expense method or the standard mileage rate method.  The actual expense method usually gives bigger deductions in the year of acquisition. The standard mileage … [Read more...]

Filed Under: Business, Individual, Tax Tips Tagged With: Autos, Deductions, Travel

  • « Previous Page
  • 1
  • …
  • 17
  • 18
  • 19
  • 20
  • 21
  • Next Page »
  • Facebook
  • LinkedIn
  • Tumblr

Search the Blog

Subscribe

Get the Adding Value email newsletter

We never share your email address. Opt out at any time.

Tags

ACA Accounts Autos Benefits Capital Gains Cash Flow Charity Credits Customers Deductions Depreciation Divorce Education Employees Estimated Tax Forms Goals Health Insurance HRAs Income Internal Controls IRAs IRS KPIs Life Insurance LLCs Losses Overtime Partnerships Passive Payroll Planning Profit R&D Regulations Rentals Sales & Exchanges S Corps Section 179 SE Tax State Travel Trucks Withholding

Copyright © 2025 · Focus Pro Theme on Genesis Framework · WordPress · Log in