Toll Free U.S. & Canada

1-888-473-7967

Tax Tips

Landlords & Businesses: Don’t Wait Until 2014 To Make Improvements

Jun 05 2013
Off
We recently met with one of our clients who runs a very successful day spa and salon in the South Bay. Our client was thinking of expanding their facilities and making renovations because it had been a long time since their premises were last upgraded. Our client estimated the
Read More

How Renting From Your Spouse Saves You Taxes

Apr 16 2013
Off
, ,
Do you file Schedule C for your business? Is your business profitable? Is there property or equipment your spouse owns separately or co-owns with you that you can use in your business? If the answer to all these questions are yes, then this article will show you a tax strategy
Read More

How To Deduct Mileage To Your Rental Properties

Apr 09 2013
Off
, ,
We recently started working with a new client who lives in Southern California and owns multiple rental properties in Northern California. During the initial meeting with our client, she explained how she made frequent trips to Northern California to visit her rental properties
Read More

Tax Deduction For Your Child’s Education

Apr 02 2013
Off
, ,
Recently, one of our clients contacted us about hiring her daughter to work in her business. Her daughter is currently in college and our client was curious if she could claim her daughter’s education costs as a business expense. My client’s daughter is 21 years old
Read More

S Corps That Discriminate On Health Insurance Coverage

Mar 05 2013
Off
, ,
At Gedeon Law & CPA, we specialize in dealing with the tax issues facing S corporation owners. Case in point. The tax law dealing with health insurance for a greater than 2% S corporation shareholder-employee can be tricky. It becomes even trickier when the S corporation does
Read More

13 Year End Tax Planning Tips

Mar 04 2013
Off
,
As we enter the last quarter of the year, it’s a good time for business owners to start thinking about year-end tax planning opportunities for 2012 and to start planning for the following tax year when it comes to growing cash flow, structuring business operations and
Read More

Incentive to Form a C Corporation

Mar 03 2013
Off
,
We recently posted an article on our website that provides guidance on how to do business in California. While working with our clients to decide what legal structure best suits their business needs, we would be remiss to mention the tax savings available to investors in a C
Read More

How to Get A Tax Deduction For Your Dry Cleaning

Feb 25 2013
Off
,
Most people know the IRS generally doesn’t let you take a tax deduction for dry cleaning your clothes. But if you are lucky enough to travel frequently on business, then the IRS gives you an opportunity to claim a tax deduction for dry cleaning as a travel expense. Case in
Read More

Get A Big Tax Write Off Playing Golf

Feb 14 2013
Off
, ,
The March 2, 2013 Celebrity Golf Classic event hosted by the Canada-California Business Council (CCBC) to benefit the March of Dimes Canada and ProCon.org will not only benefit two great charities but also counts as a 100% entertainment tax write off for golfers and spectators.
Read More

New Simplified Home Office Deduction

Feb 12 2013
Off
, ,
The IRS has recently announced a simplified option that many owners of home-based businesses and some home-based workers may use to figure their deductions for the business use of their homes. Beginning with returns for 2013, which will be filed in 2014, taxpayers can write-off
Read More
12345

Testimonials

“Marc is an extraordinary attorney since he is both an attorney and a CPA. I have worked with Marc on several matters and was impressed by his compete… Read more

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