CPA News
New Child Tax Credit & ODC The new Child Tax Credit increased from $1,000 to $2,000 per qualifying child, the credit applies if the child is younger than 17 at the end of the tax year, the taxpayer claims the child as a dependent, and the child lives with the...
CPA News
Tax Tip Bonus Depreciation This one change in the tax law made it the best time ever to start your own business. The new tax law increased the amount you can write off for equipment from 50% to 100% in the year it was purchased, now qualifies on new or used...
CPA News
Eric Hersman of Hersman and Associates Announces Affiliation with Dave Ramsey’s Endorsed Local Provider Program November 8, 2018–Eric Hersman of Hersman & Associates, located in Ripley, WV is excited to announce he has recently been named an Endorsed...
CPA News
Hire your child to save taxes Is your child looking for a summer job? – look no further than your own company. A business owner can shift income from business earnings to their child’s wages tax free while at the same time, saving them thousands of tax dollars....
CPA News
Choosing the Right Business Structure You have an idea and you are ready to make your move. You have a cool name for your business and you are ready to go make it work. At this point, don’t get in a hurry – we suggest you slow down and really consider how you want...
Recent Comments