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Coeur d’Alene Stock Market Trading: Tax-Favored Treatment
Are You a Regular Investor or a Tax-Favored Securities Trader? Recent stock market...
Major Tax Changes That Will Affect You in 2023
Say Goodbye to 100 Percent Bonus Depreciation in 2023 All good things must come to an end. On...
How To Treat Cryptocurrency on Your Idaho Tax Return
The IRS recently issued new cryptocurrency guidance and is hot on your trail if you bought and...
Do You Have Unfiled Tax Returns?
Here’s What to Do. Filing your taxes is never a fun thing to do, but if you don't file them at all...
5 Critical Reasons to Hire a Tax Resolution Professional
Dealing with tax issues can often be a challenge and feel overwhelming for many people. Choosing...
A Roadmap to Tax Resolution
What to Expect When Resolving Your Tax Debt Many of our clients who retain our tax relief services...
New Meals Deduction Rules for Your Idaho Business
Here’s good news for business meals: the Tax Cuts and Jobs Act (TCJA) removed the “directly...
Donation Tax Write-Off Rules
Giving to your church, school, or other 501(c)(3) charity is a noble act no matter how you choose...
Important Tax Complications of Renting Your CDA Home
You must consider the Coeur d’Alene vacation home rules when you: rent a bedroom in your home and...
Idaho Business Annual Tax Year Dates
A tax year, “taxable” year is the annual accounting period that your CDA Idaho business uses for...
Coeur d’Alene Idaho Sales Tax Permit Rules
Which CDA Business needs a sales tax permit in Idaho? According to the Idaho State law Idaho...
Idaho Business Marketing Technique: Asking for Referrals
Often the most productive and beneficial marketing techniques are the ones that are obvious, yet...
Coeur d’Alene Idaho Business Trail Balance Defined
When you are a business in Coeur d'Alene Idaho you may need to understand what a Trail Balance is....
Idaho Business Rules for Depiction: Write Off Period
Assets that are being depreciated by your CDA Idaho business are written off over a period of...
Is an Idaho C Corporation Taxed at Corporate Level?
Yes. A Coeur d'Alene Idaho C-Corporation pays a flat 21% taxes on the profits at the corporate...
CDA Idaho Business Sales Force Rules
Thousands of promising sales careers have been destroyed around the water cooler or coffee machine...
Is a CDA Idaho LLC Investor Preferred?
No. Investors are usually seeking a more formal business entity to invest their money. Since a...
Is a CDA Idaho LLC Governed by Bylaws or Operating Agreement?
Is a Coeur d'Alene Idaho LLC Governed by Bylaws or Operating Agreement? Yes. An Idaho LLC’s use an...
CDA Idaho Businesses That Entertain Their Customers Get Profits
For many CDA Idaho shoppers, shopping is not merely buying to fill a need, it is also a form of...
CDA Idaho Business Methods of Computing Depreciation
CDA Idaho Business Methods of Computing Depreciation There are four methods of deprecation for...
CDA Sales Business Must Hire an Assistant to Increase Profits
Are you at the point in your CDA Idaho business sales career were hiring an assistant would earn...
Coeur d’Alene Idaho Business Working Capital Defined
This is a short-term financial analytical tool calculated by subtracting current liabilities from...
Coeur d’Alene Idaho Business Sales Closing Tips
Changing your Coeur d'Alene Idaho business prospect’s expectations can be an extremely powerful...
CDA Idaho Business Profits Skyrocket with Client Files
The best way to get to know what your Idaho business customers want, and need is to build...
Increase CDA Idaho Business Retail Profits
A clever way to increase your Coeur d'Alene Idaho business retailing revenues and profits is to...
Idaho Business Retained Earnings Defined
Understanding cash and retained earnings can be confusing. These earnings in a business are not...
Idaho LLC Taxed at Corporate Level
No. An Idaho LLC is a pass-through company and considered a disregarded entity to the IRS. This...
Idaho LLC Flexible Tax Reporting
The IRS does not have a separate taxation category for Idaho LLCs. This allows the LLC members to...
Understanding Quarterly Estimated Tax for Your CDA Business
The federal income tax system is pay-as-you-go for Idaho self-employed. instead of paying your...
Coeur d’Alene Businesses Can Boost Sale with VIC Cards
Contact your local CDA printer and have VIC (Very Important Customer) cards printed that entitle...
Safe Harbor Can Lower Your Coeur d’Alene Rental Property Taxes
Nothing stays the same in the tax world, and that’s especially true with your 20 percent Section...
Making Your Coeur d’Alene S Corporation Work For You
It’s common to consider making your S corporation (versus yourself) a partner in your partnership:...
Making the S Corporation Work For You
It’s common to consider making your Idaho S corporation (versus yourself) a partner in your...
Sell Your Coeur d’Alene Corporation and Pay Zero Taxes
Now, add to this no-tax-on-sale benefit to the 21 percent corporate tax rate from the Tax Cuts and...
Effect of death, retirement, & disability on your CDA business?
Here’s an easy example to illustrate. Let’s say that in 2017, you purchased for Coeur d'Alene...
Deduct A Cruise as an Idaho Business Expense
If you want to attend a convention, seminar, or similar meeting onboard a cruise ship and deduct...
Fraudulent 1099 Given By a Coeur d’Alene Business
Here’s a true story from the IRS. To put the story in context, I am putting you in the driver’s...
7 Day Rule on Coeur d’Alene Rentals or Vacation Homes
If you own a condominium, cottage, cabin, lake or beach home, ski lodge, or similar property in...
Avoid IRS Audits: Fix Your CDA 1099 Prepaid-Rent Mismatch
Two questions: Did you prepay your 2019 rent so that you have a big 2018 tax deduction? How do you...