Blog

Get the Latest Tax and Accounting News on the TAG Blog

At The Accounting Guys, we strive to stay up to date on the latest tax law changes, accounting best practices, and other important news that might impact our clients and their businesses—and we pass that information on to you through the TAG blog. Check out the articles below to get the latest tips and information about tax law, bookkeeping, accounting, and more.

How To Register A Business As An S-Corp

What Is an S-Corporation?  As defined by the IRS, S-corporations are “corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes.”...

How To Register A Business As An S-Corp

Read More

What Is an S-Corporation?  As defined by the IRS, S-corporations are “corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes.”...

Changes to Meals & Entertainment Deductions: 20...

2017 Meals and Entertainment Deductions  For your 2017 business tax return, meals and entertainment could generally be deducted at 50% of the actual cost. And, occasionally, meals could be claimed...

Changes to Meals & Entertainment Deductions: 20...

Read More

2017 Meals and Entertainment Deductions  For your 2017 business tax return, meals and entertainment could generally be deducted at 50% of the actual cost. And, occasionally, meals could be claimed...

Tax Bracket Change: Know The New Tax Rates!

Married Individuals Filing Jointly  The below table shows the tax brackets and tax rates for married individuals filing jointly, as well as for surviving spouses. These are the brackets and...

Tax Bracket Change: Know The New Tax Rates!

Read More

Married Individuals Filing Jointly  The below table shows the tax brackets and tax rates for married individuals filing jointly, as well as for surviving spouses. These are the brackets and...

Tax Filing Extension Deadlines 2018

March 15: Partnership and S-Corp Deadline  If you own or are a partner in an S-corporation or partnership (also known as pass-through entities), your business tax returns must be filed...

Tax Filing Extension Deadlines 2018

Read More

March 15: Partnership and S-Corp Deadline  If you own or are a partner in an S-corporation or partnership (also known as pass-through entities), your business tax returns must be filed...

Key Updates For Tax Season 2018: E-Filing Begin...

E-Filing Begins January 29  Your accountant can e-file your taxes as early as January 29th, if you have all your documents in order. This is just a few days away,...

Key Updates For Tax Season 2018: E-Filing Begin...

Read More

E-Filing Begins January 29  Your accountant can e-file your taxes as early as January 29th, if you have all your documents in order. This is just a few days away,...

Trump Tax Laws Change For Child Tax Credit

Increase to Child Tax Credit  Under previous tax laws, taxpayers could claim a tax credit of up to $1,000 for each qualifying child under the age of 17. For tax...

Trump Tax Laws Change For Child Tax Credit

Read More

Increase to Child Tax Credit  Under previous tax laws, taxpayers could claim a tax credit of up to $1,000 for each qualifying child under the age of 17. For tax...

5 Tax Tips To Help You for the 2019 Tax Season

1. Check Your Withholdings  The tax reform laws that were implemented for 2018 caused the automatic withholdings on most people’s paychecks to drop. While this likely meant larger paychecks for...

5 Tax Tips To Help You for the 2019 Tax Season

Read More

1. Check Your Withholdings  The tax reform laws that were implemented for 2018 caused the automatic withholdings on most people’s paychecks to drop. While this likely meant larger paychecks for...