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Special Rules for Reporting S Corporation Shareholder Health Insurance Premiums

The IRS released special rules regarding the deduction by more than two-percent shareholder-employees of S corporations for health insurance premiums paid by or reimbursed by the S corporations and included…

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Popular Accounting Apps for Your Business

Here are the most popular apps on the most popular accounting software app marketplaces: Intuit’s QuickBooks App Store, Xero’s App Marketplace, and the Sage Intacct Marketplace. From Intuit’s QuickBooks…

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Significant Increase in Mileage Rates for 2019

The optional standard mileage rates for business use of a vehicle will increase significantly in 2019, after increasing slightly last year. Beginning on Jan. 1, 2019, the standard mileage rates for the…

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