Before hiring temporary help, it is important to determine if the individual hired will be an employee or an independent contractor. Proper classification between the two is critical for many […]
Read More
Individual taxpayers who itemize their deductions can generally deduct either state and local income taxes or state and local sales taxes. The ability to deduct state and local taxes — […]
Read More
The Tax Cuts and Jobs Act (TCJA) imposes a limit on deductions for business interest for taxable years beginning in 2018. The limit, like other aspects of the law, has […]
Read More
On Friday, February 9, Congress passed, and the President signed into law, H.R. 1892, the “Bipartisan Budget Act of 2018” (the Budget Act, P.L. 115-123). The major reason for the […]
Read More
The Tax Cuts and Jobs Act (TCJA), which was signed into law in December 2017, contained numerous changes to cost recovery methods for capitalized assets. These changes provide manufacturers with […]
Read More
With rising healthcare costs, claiming tax deductions for these expenses can be more important than ever. However, there is a threshold for deducting medical expenses that may be hard to […]
Read More
Here are some of the key tax deadlines affecting businesses and other employers during the second quarter of 2018. Keep in mind that this list isn’t all-inclusive, so there may […]
Read More
The recently enacted Tax Cuts and Jobs Act (TCJA) includes a number of changes to the rules governing the choice of accounting methods by taxpayers. In certain situations, the TCJA […]
Read More
Working from home has become commonplace, but just because you have a home office space doesn’t mean you can deduct expenses associated with it. For 2018, even fewer taxpayers will […]
Read More
Along with tax rate reductions and a new deduction for pass-through qualified business income, the new tax law brings the reduction or elimination of tax deductions for certain business expenses. […]
Read More
As we head into the second half of the 2024 calendar year and the start of 2025, there are a few major dates that you need to be aware of […]
CARMEL, Ind. (July 19, 2024) – Blue & Co., LLC is proud to announce that Wayne Little has joined the Louisville office of Blue & Co. as a principal. Little […]
By Stephen Stringer, CPA, Director and Amy Sandlin, CPA, Senior Manager at Blue & Co. LLC News of incredible technological advancement and the rapid pace at which it is changing […]
Copyright © 2024, Blue & Co., LLC.
All Rights Reserved.
