The Tax Savings Podcast

Covers five points: Why use a CPA Timing Pricing Communication How to Get started https://tonynovak.com/income-tax-preparation-services-for-2019-returns/

The New Jersey Pass-Through Business Alternative Income Tax Act is effective January 1, 2020. The savings are not automatic, you must actively take measures to reap the benefits. Start now for the greatest savings. Note there is one error: Toward the end I said "there is no deduction..." when I meant to say "there is no limitation..." 

A revival in 2020

2 cases today where taxpayer was right but it did not make sense to argue.

The rules were just released last week by IRS. Here’s the basics presented in threes steps of what you need to know right now.

Cutting payroll processing cost, saving time, improving reporting and minimizing tax risk is easier than you expect.

Sometimes it pays to act quickly, other times it is best to be patient.

This short discussion is sparked by the Kushner news story

When using Post Office priority mail delivery confirmation, it is important to download the proof of delivery.

This year, for the first time, we gave the president full power to control tax implications of natural disasters and some coastal states fear he will use it as a political weapon.

Who is most likely to owe taxes under the new tax law?

Legal considerations, practical issues, tax and audit risk considerations for sole proprietors.

An infuriating story of a Philadelphia tax screw-up

Most business entertainment expenses are not tax deductible under the new law. But there are workarounds.

Why the Section 199A pass through income tax exclusion is not the best way to approach business tax planning

The value of donated services is never tax deductible. Here’s why.

Why is news of a financial crime often followed by a charge of tax evasion?

How to approach the new Section 199A business income regulations to ensure the most benefit from this new tax law

A Community reinvestment fund can be a great way to do good and save on taxes

Using your full legal name on all tax filings saves time and headaches

Why unsustainable federal tax policy matters to you and me.

Response to a self-employed listener’s question about an HRA

1 in 5 will owe the IRS this year! How to avoid being a victim of tax reform.