Office Hours 2014

Our office hours have changed once again. We are closed Sunday and Monday. We are open Tuesday through Saturday from 12pm-8pm.

SEPs: A Quick and Easy Retirement Plan Option

Setting up and maintaining a simplified employee pension (SEP) is probably easier than you think. The sooner you get started saving, the more secure your retirement will be, plus your business can gain tax advantages right away. SEP Basics The SEP is a stripped-down...

Questions to ask your tax preparer

Great article on Forbes today about 11 questions to ask when hiring a tax preparer and I agree on the 11 questions you should ask your tax preparer or potential tax preparer and we got your answers and we’ve added an additional question and answer. Do you have a...

What Income in Nontaxable?

Most types of income are taxable, but some are not. Income can include money, property or services that you receive. Here are some examples of income that are usually not taxable: Child support payments; Gifts, bequests and inheritances; Welfare benefits; Damage...

Which Moving Expenses are Deductible?

If you moved due to a change in your job or business location, or because you started a new job or business, you may be able to deduct your reasonable moving expenses; however, you may not deduct any expenses for meals. If you meet the requirements of the tax law for...

Renting out a Vacation Home

Tax rules on rental income from second homes can be complicated, particularly if you rent the home out for several months of the year, but also use the home yourself. There is however, one provision that is not complicated. Homeowners who rent out their property for...

2013 Mileage Rates

The standard mileage rates for calculating deductible costs for using a car, van, pickup or lightweight “panel” truck is 56.5 cents per mile for business travel. For other potentially deductible driving-related expenses, the rates are 24 cents per mile for...

website design has been moved

We have reinvented the design part of the business and move it to its own company,  awfedesign, separating out the logical from the abstract. Awfedesign will be offering more services and packages for design work: website design, illustrations, art designs, logos,...