Richard Bloom, CPA

02/01/2018

Here's everything that you need to know about the bipartisan support for small business R&D Credit bill:

New legislation would require the IRS and the SBA to educate businesses on the subject.

01/25/2018

The IRS is on the case! There's a new email scam making it's rounds, and the IRS wants to keep you informed. Read more here:

The Internal Revenue Service, state tax agencies, and the tax industry, as part of the Security Summit, are warning tax professionals about a new scam making the rounds. The new scam involves a phishing email scam impersonating tax software providers and attempting to steal usernames and passwords.

01/17/2018

Here are four tax filing tips for people 65 and older that we think you'll find helpful:

If you were 65 or older last year, you'll want to read this tax filing advice so you don't miss claiming a tax credit or deduction for people your age.

01/15/2018

Happy Martin Luther King. Jr. Day!

01/10/2018

Avoid an IRS audit in 2017. Here are 7 tips from The Motley Fool that will keep you out of IRS cross-hairs.
http://bit.ly/2n0G8fR

Here's a bunch of good news: You're not likely to be audited, and there are things you can do to keep your odds low, too.

01/03/2018

The Affordable Care Act can be a huge burden for small business, but did you know that small business owners may qualify for a tax break? Contact us to learn more.

12/27/2017

Getting children started early with the idea of saving and investing is smart and fun. We enjoy working with our clients to set this in motion.
http://bit.ly/2x00kmR

Tax Tip 2013-38, March 21, 2013

12/20/2017

This article discusses how ETFs make harvesting easier. Steps taken today can create more opportunities at the year's end.
http://bit.ly/2sbfCE2

Investors buy shares in ETFs just like they would buy stock in corporations. What happens if you suffer a loss when you sell your ETF shares?

12/13/2017

Did you know that business standard mileage rate has changed for 2017?
http://bit.ly/2fiS1jq

IR-2016-169, Dec.13, 2016 — The IRS today issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

12/06/2017

As the year begins to come to an end here are some to-do's to check off your list.
http://bit.ly/2hX2nC0

Winging it won't work. Keeping books up-to-date and planning ahead for tax filings is essential for good company growth.

11/29/2017

When it comes to taxes Forbes advises “Focus on what you can control, ignore what you can’t.”.
http://bit.ly/2p7ddYN

Forbes Welcome page -- Forbes is a global media company, focusing on business, investing, technology, entrepreneurship, leadership, and lifestyle.

11/22/2017

Which travel expenses are deductable? The IRS breaks it down for us in this article.
http://bit.ly/2qf7TD8