Articles

MWE written articles.

Posted in Year One

The Busy Season: ‘We Got Through It Just Fine’

The period from New Year’s through mid-April has a fearsome reputation in the accounting world. Helping our clients with their tax obligations is one of our most important tasks, and the weeks leading up to April 15th are indeed a busy time. But it’s not as scary as you may have heard. At MWE, we…

Read More
Posted in Newsletters

MWE Advisor June Highlights

June highlights from The MWE Advisor newsletter include: reclassifying business expenses as constructive dividends, considering taxes before converting your home to a rental property, and unlocking the biggest possible deduction for a home office.

Read More
Posted in Articles

Unlock the Biggest Possible Deduction for a Home Office

The IRS recently issued a reminder about claiming the home office deduction. In particular, it explained a simplified method that offers a time-saving option. But many taxpayers who maintain a home office fare better tax-wise by deducting expenses under the regular method. Others may not be eligible to deduct any home office expenses. Here’s why.

Read More
Posted in Articles

Reclassifying Business Expenses as Constructive Dividends

To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one that is common and accepted in your field of business. A necessary expense is one that’s helpful and appropriate for your business. Here’s a list of important questions to consider as you start your journey:

Read More
Page 13 of 33« First...1112131415...2030...Last »