John R. Dundon II, EA
IRS Form 1099-misc Filing Requirements Defined as per IRC 6041
I was talking with a taxpayer the other day who registered as an LLC with...
Can You Establish a SEP Plan if you are a Sole Proprietor? What if that Sole Proprietorship Had Historically Passive Income?
Regardless of their nature or topic matter, off beat questions are one of the spices...
2014 Depreciation Limits on Luxury Autos: IRS Rev Proc 2014-21
According to 26 U.S. Code § 280F - Limitation on depreciation for luxury automobiles the...
Take Care Closing Down An LLC – IRC 752 – Treatment of Certain Liabilities
A taxpayer reading one of my blog posts from Ishpeming, Michigan was compelled to call...
Virtual Currency Tax Implications – IRS Notice 2014-21
The question of the moment is whether virtual currency is here to stay or simply...
Questions To Ask NOW Regarding the Affordable Care Act
As an astute navigator of the Internal Revenue Code over the last decade or so...