ACCOUNTING BLOG

Archive of: August, 2016

  • What's Going On At Blueback?

    Business Smarts

    August has been a great month! We’ve moved, we supported a local non-profit, and we were Runner-Up in a Firm of the Future contest!

  • Seasonal Reminders: Quarterly Estimates Tax Planning

    Taxes

    It’s getting to be that time of year again. Summer is coming to a close…kids will be back in school…and you will have the time to start thinking about more important things – like your taxes! There are now 7+ months of financial data to pull from to start formulating a plan for your 2016 taxes before year end. This should be just a start to the process we can monitor with you through December (and in some cases, January 2017).

    The first step in the process is to start thinking about paying in the 3rd quarter estimated tax payment that is due September 15th.

  • Understanding Auto Deductions

    Taxes

    A question we get asked over and over is “I need a new car – should I have my business buy it?” This is a great question and we will try to share some useful information to think about.

  • What Can I Do To Pay Less Income Tax?

    Taxes

    This is a question that clients frequently ask their tax preparer. It is both easy and difficult to answer depending on who asks it and when they ask it. Unfortunately, all too often it is asked just before the April 15th tax filing deadline. While there may be an option or two at this point to save some income tax, most of the savings have passed. There are many choices taxpayers have to reduce their tax liability, and with a little forethought and planning, these choices pay off.