Toll Free U.S. & Canada

1-888-473-7967

Business Taxes

Last Minute Year End Tax Savings For Businesses

Dec 21 2013
Off
, ,
In the spirit of giving this holiday season, Gedeon Law & CPA put together a quick list of some simple last minute tax strategies that can help reduce your year-end tax liability. Stop Invoicing Customers For taxpayers on a cash basis, this easy strategy will instantly reduce
Read More

How to Write Off Business Gifts

Nov 30 2013
Off
,
The holiday season is upon us. So like many business owners, you want to send a gift to a business associate, a referral source, a key customer or your favorite CPA to foster goodwill. Unfortunately, when it comes to gift giving, Uncle Sam is more like Uncle Scrooge. Why? Because
Read More

How to deduct Entertaining Your Spouse and Kids?

Oct 28 2013
Off
,
Can you get a tax write off for taking your spouse and kids to see a Rolling Stones concert? You’re probably thinking “you can’t always get what you want.” So of course the answer must be no. Well, you’ll be surprised that sometimes, with the right tax planning, not only can you
Read More

Husband & Wife Board Meetings Tax Deductible?

Oct 26 2013
Off
,
Can a husband and wife claim a tax deduction for a corporate board of directors meeting where they are the only participants? Well, according to the IRS audit manual, the answer is no. Per the IRS audit manual, “Board meetings between husband and wife are not ordinary and
Read More

Buy A Building and Rent It To Your Business

Jun 20 2013
Off
, ,
What are the tax benefits if your business buys a property instead of leasing it? In this article, we’ll tell you how one of our client’s took advantage of low market prices and interest rates to acquire a property for use by their S Corp and realized substantial tax
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

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

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

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
123

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