Stuart L Rubin & Associates, PA RSS Feed Take a look at our recent blog posts and client newsletter articles. en-us Fri, 01 Jun 2018 09:00:00 -0500 Fri, 01 Jun 2018 09:00:00 -0500 Tax Consequences of Crowdfunding Crowdfunding websites such as Kickstarter and GoFundMe have become increasingly popular for both individual fundraising and small business owners. The upside is that it's often possible to raise the cash you need; the downside is that the IRS might consider that money taxable income. Here's what you need to know. Fri, 01 Jun 2018 09:00:00 -0500 Tax Breaks for Businesses Hiring New Employees If you're thinking about hiring new employees this this year you won't want to miss out on tax breaks available to businesses with employees. Fri, 01 Jun 2018 09:00:00 -0500 Seasonal Employees and Taxes Part-time and seasonal employees are subject to the same tax withholding rules that apply to other employees. Fri, 01 Jun 2018 09:00:00 -0500 Saving for Education: 529 Plans Section 529 plans are a popular college savings vehicle for parents. Thanks to the passage of the Tax Cuts and Jobs Act, they can now be used for pre-college education expenses as well. Fri, 01 Jun 2018 09:00:00 -0500 Filing an Amended Return Have you filed your federal tax return and then discovered a mistake? You might need to file an amended tax return. Then again, you might not. Fri, 01 Jun 2018 09:00:00 -0500 What to do when your Tax Return is late Haven't filed a 2017 tax return yet? Don't worry; it's not too late--and it may be easier than you think. Tue, 01 May 2018 09:00:00 -0500 Using a Car for Business: New Rules under TCJA Many of the tax provisions under tax reform were favorable to small business owners including those relating to using a car for business. Tue, 01 May 2018 09:00:00 -0500 Selling your Small Business If you've decided to sell your business, you may be looking forward to lazy days ahead with plenty of cash on hand. The reality, however, is without a tax planning strategy in place you could be liable for capital gains and other taxes related to the sale of your business that leaves you with far less cash than you anticipated. Tue, 01 May 2018 09:00:00 -0500 Self-Employed? Five Easy Ways to Lower your Tax Bill If you're like most small business owners, you probably feel like your tax bill is too high. Here are five ways that could help you save money on your taxes. Tue, 01 May 2018 09:00:00 -0500 Reporting Virtual Currency Transactions With the price of Bitcoin hitting record highs in 2017, many Bitcoin holders cashed out not realizing the impact it could have on their tax bill. If you were one of them, here's what you need to know. Tue, 01 May 2018 09:00:00 -0500