by Heimlantz | Feb 14, 2020 | The HeimLantz Advisor Newsletter, Volume 4 Issue 1
Tax time is always a bit unnerving, but when you’re hit with a large, unexpected tax bill, it can be shattering. There are few people who have the resources to simply pull out their checkbook and write a check for thousands of dollars, yet it can feel like that’s your...
by Heimlantz | Feb 14, 2020 | The HeimLantz Advisor Newsletter, Volume 4 Issue 1
The creditworthiness of your business is measured by its credit score. This number is issued by Dun & Bradstreet, Experian, Equifax, and FICO SBSS, and is an essential reflection of your company’s payment reliability and timeliness. Why is Your Business Credit...
by Heimlantz | Feb 14, 2020 | The HeimLantz Advisor Newsletter, Volume 4 Issue 1
Congress, at almost the last minute, has passed a large number of tax changes, including retirement plan issues that will become effective in 2020, as well as extensions through 2020 of a number of tax provisions that had expired or were about to end. The list of...
by Heimlantz | Dec 18, 2019 | The HeimLantz Advisor Newsletter, Volume 3 Issue 4
Back in 2018, Coinbase, a company handling virtual currency (also referred to as cryptocurrency) transactions, released the data of 14,000 of its users to the IRS after the information was subpoenaed, and virtual currency traders held their breath about what the IRS...
by Heimlantz | Dec 18, 2019 | The HeimLantz Advisor Newsletter, Volume 3 Issue 4
Some holiday gifts you provide to members of your family, employees, and others may also yield tax benefits. Here are some examples: Employee Gifts – It is common practice this time of year for employers to give employees gifts. Although gifts are generally excluded...
by Heimlantz | Dec 18, 2019 | The HeimLantz Advisor Newsletter, Volume 3 Issue 4
As the end of the year approaches, now is a good time to review the various changes that impact 2019 tax returns. Some of the changes are likely to apply to your tax situation. In addition, be aware that various tax-related bills currently in Congress may or may not...