Accounting and Tax Services in Richmond, VA .

The Internal Revenue Service has announced an increase in the amount of money you can to contribute to your retirement accounts for 2019....

Many small business owners bootstrap their businesses. A small business owner does not realize how not keeping a good record of their...

We are looking at the word gross margin. Gross margin is a company’s total revenue minus by the COGS (cost of goods sold), divide by the...

This note is our final piece on the New United States Tax Law. Alternative Minimum Tax – The Exempt Income Thresholds are Increased From...

We are continuing our discussion of the new United States Tax Law as it applies to individuals. You can view our last week’s post here:...

In the next few posts, we would like to provide a brief overview of the new United States Tax Bill. Here are some of the basics for...

Did you know that a taxpayer must report income on their tax return even it is made from a hobby? However, as a taxpayer, you must...

As we are about to end 2017, many people will donate to charities at this time due to the holiday season. As a taxpayer, you may benefit...

As a business owner, one of the easiest things to identify is explicit cost. The most common examples of explicit costs include wages,...