lewisaccounting.com RSS Feed https://lewisaccounting.com/ Take a look at our recent blog posts and client newsletter articles. en-us Thu, 01 Jul 2021 09:00:00 -0500 Thu, 01 Jul 2021 09:00:00 -0500 What Is the Net Investment Income Tax? https://www.lewisaccounting.com/newsletter.php#5 The Net Investment Income Tax tends to affect wealthier individuals, but in certain circumstances, it can affect moderate-income taxpayers too. Thu, 01 Jul 2021 09:00:00 -0500 https://www.lewisaccounting.com/newsletter.php#5 Small Business: Understanding Payroll Expenses https://www.lewisaccounting.com/newsletter.php#2 Whether you're a small business owner who is just starting or one who has been in business for a while - ready to hire an employee or two - here is what you should know about withholding, reporting, and paying employment taxes. Thu, 01 Jul 2021 09:00:00 -0500 https://www.lewisaccounting.com/newsletter.php#2 Settling Tax Debt With an IRS Offer in Compromise https://www.lewisaccounting.com/newsletter.php#4 If you owe money to the IRS, an offer in compromise could be the answer. Thu, 01 Jul 2021 09:00:00 -0500 https://www.lewisaccounting.com/newsletter.php#4 Employee Relocation: What Happens to Your Home? https://www.lewisaccounting.com/newsletter.php#3 Employees and small business owners often have questions about what to do with an employee's home - and what the tax consequences might be - when they move to a new job location. Here are some answers. Thu, 01 Jul 2021 09:00:00 -0500 https://www.lewisaccounting.com/newsletter.php#3 Advance Child Tax Credit Payments Start This Month https://www.lewisaccounting.com/newsletter.php#1 More than 36 million American families may be eligible to receive monthly Child Tax Credit payments starting July 15, 2021. Here's what families need to know. Thu, 01 Jul 2021 09:00:00 -0500 https://www.lewisaccounting.com/newsletter.php#1 What are Estimated Tax Payments? https://www.lewisaccounting.com/newsletter.php#5 Estimated tax is the tax paid on income not subject to withholding, such as income from self-employment, interest and dividends, rent, prizes and awards, and gains from the sale of assets. Tue, 01 Jun 2021 09:00:00 -0500 https://www.lewisaccounting.com/newsletter.php#5 Tips to Help You Figure Out if Your Gift is Taxable https://www.lewisaccounting.com/newsletter.php#3 If you've given money or property to someone as a gift, you may owe federal gift tax. There are, however, exceptions. Tue, 01 Jun 2021 09:00:00 -0500 https://www.lewisaccounting.com/newsletter.php#3 Tax Considerations When Selling Your Small Business https://www.lewisaccounting.com/newsletter.php#1 If you've decided to sell your business, you may be looking forward to lazy days ahead with plenty of cash on hand. The reality, however, is that without a tax planning strategy in place, you could be liable for capital gains and other taxes - leaving you with far less cash than you anticipated. Tue, 01 Jun 2021 09:00:00 -0500 https://www.lewisaccounting.com/newsletter.php#1 Expat Compliance With US Tax Filing Obligations https://www.lewisaccounting.com/newsletter.php#4 If you're an expat who has relinquished - or intends to relinquish - your US citizenship but still has US tax filing obligations (including owing back taxes), you'll be relieved to know there are IRS procedures in place that allow you to come into compliance and receive relief for any back taxes owed. Tue, 01 Jun 2021 09:00:00 -0500 https://www.lewisaccounting.com/newsletter.php#4 Changing Jobs? Don't Forget About Your 401(k) https://www.lewisaccounting.com/newsletter.php#2 One of the most important questions you face when changing jobs is what to do with the money in your 401(k) account. Making the wrong move could cost you thousands of dollars or more in taxes and lower returns. Tue, 01 Jun 2021 09:00:00 -0500 https://www.lewisaccounting.com/newsletter.php#2 How is your retirement and Investment income Taxed? https://www.lewisaccounting.com/blog.php?id=66 Understanding how different retirement and investments affect your tax return Fri, 21 Feb 2020 09:00:00 -0600 https://www.lewisaccounting.com/blog.php?id=66 New Tax Break for Rental Income https://www.lewisaccounting.com/blog.php?id=65 Tue, 07 Jan 2020 09:00:00 -0600 https://www.lewisaccounting.com/blog.php?id=65 Automobile Expenses ~ Standard or Actual Expense https://www.lewisaccounting.com/blog.php?id=61 Tue, 19 Nov 2019 09:00:00 -0600 https://www.lewisaccounting.com/blog.php?id=61 Substantiating Business Expenses https://www.lewisaccounting.com/blog.php?id=60 Thu, 30 Nov 2017 09:00:00 -0600 https://www.lewisaccounting.com/blog.php?id=60 Dead and Taxes - Part 1 Planning https://www.lewisaccounting.com/blog.php?id=58 Thu, 23 Feb 2017 09:00:00 -0600 https://www.lewisaccounting.com/blog.php?id=58 6 Tips for healthy Business finances https://www.lewisaccounting.com/blog.php?id=57 to help your understand your business finances Tue, 07 Feb 2017 09:00:00 -0600 https://www.lewisaccounting.com/blog.php?id=57 6 Steps to surviving an IRS Audit https://www.lewisaccounting.com/blog.php?id=56 Learning how to deal with IRS issues and Notices Fri, 20 Jan 2017 09:00:00 -0600 https://www.lewisaccounting.com/blog.php?id=56 Five helpful tips to avoid putting yourself at risk to IRS Scams https://www.lewisaccounting.com/blog.php?id=55 5 Steps to protect taxpayers from IRS scams Fri, 23 Dec 2016 09:00:00 -0600 https://www.lewisaccounting.com/blog.php?id=55 Business know how for all Business Owners https://www.lewisaccounting.com/blog.php?id=54 Understand Financial for your business. Fri, 09 Sep 2016 09:00:00 -0500 https://www.lewisaccounting.com/blog.php?id=54 How to set up an Installment Agreement with the IRS https://www.lewisaccounting.com/blog.php?id=53 Sets to setting up and installment agreement Mon, 22 Aug 2016 09:00:00 -0500 https://www.lewisaccounting.com/blog.php?id=53 4 Financial Business Mistakes and How to Avoid Them https://www.lewisaccounting.com/blog.php?id=52 Helping business owner win in business. Thu, 09 Jun 2016 09:00:00 -0500 https://www.lewisaccounting.com/blog.php?id=52 Options for Handling IRS notices https://www.lewisaccounting.com/blog.php?id=51 Wed, 01 Jun 2016 09:00:00 -0500 https://www.lewisaccounting.com/blog.php?id=51 Unopened IRS Letter can come back to haunt you https://www.lewisaccounting.com/blog.php?id=50 Mon, 16 May 2016 09:00:00 -0500 https://www.lewisaccounting.com/blog.php?id=50 Benefits of Home Ownership https://www.lewisaccounting.com/blog.php?id=49 Mon, 15 Feb 2016 09:00:00 -0600 https://www.lewisaccounting.com/blog.php?id=49 3 Mistakes New Business owners make... https://www.lewisaccounting.com/blog.php?id=48 3 Mistakes New Business Owners make Mon, 18 Jan 2016 09:00:00 -0600 https://www.lewisaccounting.com/blog.php?id=48 How to Avoid a Bad Tax preparer https://www.lewisaccounting.com/blog.php?id=47 Warning Signs to watch of bad prepares. Tue, 05 Jan 2016 09:00:00 -0600 https://www.lewisaccounting.com/blog.php?id=47 The Truth about Earned Income Tax Credit https://www.lewisaccounting.com/blog.php?id=45 Learning who is eligible to claim Earned Income Tax Credit Tue, 15 Dec 2015 09:00:00 -0600 https://www.lewisaccounting.com/blog.php?id=45 Do you know your account balance without calling the bank? https://www.lewisaccounting.com/blog.php?id=37 All businesses need an accounting system, but small business ownwers seem to think because they purchased QuickBooks all there problem will be fixed. No Ture! Mon, 29 Nov 2010 09:00:00 -0600 https://www.lewisaccounting.com/blog.php?id=37