Toll Free U.S. & Canada

1-888-473-7967

Convert Your Air Miles into a Business Expense

Jan 25 2013
Off
, ,
So I’ll be flying to Australia in the coming months on business. Over the years, I’ve been accumulating a lot of frequent flier miles with Qantas. This upcoming trip got me thinking. Is there a way my corporation can take a tax deduction if I use my frequent flier
Read More

How to Write off Your Super Bowl Party

Jan 22 2013
Off
, ,
It’s that time of year again when people are starting to plan their Super Bowl parties. That got us at Gedeon Law & CPA thinking, how can our business clients claim a tax deduction for spending time with friends and family while watching over-hyped commercials and
Read More

Need Help with W-2’s and 1099’s?

Jan 18 2013
Off
As January 31 approaches, we would like to remind you that it’s time to prepare and furnish information tax forms such as W-2’s, 1099-MISC and 1099-DIV to your employees, independent contractors and/or shareholders. If you use independent contractors to perform
Read More

Selling America by the Loonie

Jan 18 2013
Off
,
With the strong Loonie, there’s a lot of Canadians investing in US real estate. But US real estate is not the only investment Canadians are making south of the border. A lot of Canadians are investing in US brokerage accounts to buy and hold US securities. Believe it or
Read More

What’s A Reasonable Salary For S Corp Owners?

Jan 16 2013
Off
,
Ask most people why they want to operate their business as an S corporation and the most common answer you’ll get is they want to save on self-employment taxes. With payroll taxes increasing in 2013 due to new legislation impacting social security contributions and the 0.9%
Read More

How the Fiscal Cliff Deal Affects You

Jan 11 2013
Off
,
What would the New Year be without a new set of tax rules? Well, Congress didn’t disappoint this year and as most of you know, Congress recently approved, and President Obama signed legislation, that averted the fiscal cliff arising from the expiration of the Bush era tax
Read More

How To Give Yourself (& Your Employees) Tax-free Lunches

Jan 10 2013
Off
, ,
With the right tax planning, you can provide tax-free lunches to you and your employees. As a rule, to deduct the cost of the lunches, the lunches must be furnished to the employees on the business premises by the employer for the convenience of the employer. Convenience of the
Read More

Tax Reasons to Put Your Spouse On Payroll

Jan 08 2013
Off
, ,
It’s hard to find trustworthy and reliable employees these days. But you may not have to look farther than your bed to lure a great employee. Hiring your spouse as an official employee in your business can not only help solve your staffing problems but it can also provide
Read More

Is a Wrongful Termination Settlement Taxable?

Jan 08 2013
Off
,
We recently represented a client in her wrongful termination lawsuit against her former employer. The case was eventually settled out of court and we recovered a settlement of $75,000 for our client. As part of the settlement process, our client wanted to know what the tax
Read More

Are My RRSP Contributions Deductible in the USA?

Jan 04 2013
Off
, ,
A while back, we published a newsletter on deducting 401(K) contributions for purposes of Canadian taxation. Now we turn our attention to whether or not contributions to an RRSP are deductible for purposes of US taxation. Praneil is a dual US-Canadian citizen who has been living
Read More
« First‹ Previous5678910Next ›

Testimonials

“Mr. Gedeon is both a California attorney and a Certified Public Accountant. He is uniquely qualified to handled tax matters and achieve excellent res… Read more

 Yitz W., Los Angeles, CA
Tel: 1-888-473-7967
©2013 Gedeon Law & CPA. All Rights Reserved