Tax Tips

Accounting Demystified

Our blog is dedicated to helping you make sense of taxes, financial planning, audits, and more. For more resources, visit our online Tax Center or contact us.

Guide to Deductible Business Expenses | Part 10: Bad Debt Deduction

Taylor Perry

Sep 20, 20233 min read

Guide to Deductible Business Expenses | Part 10: Bad Debt Deduction

If you missed the first nine parts of our guide to deductible business expenses, you can find them below: Part 1: Transportation, Travel,...

49 views

Guide to Deductible Business Expenses | Part 9: Rent Expense

Taylor Perry

Sep 15, 20233 min read

Guide to Deductible Business Expenses | Part 9: Rent Expense

Did you know that you may be able to deduct rent as a business expense? Read on for more information.

59 views

Guide to Deductible Business Expenses | Part 8: Taxes

Taylor Perry

Aug 25, 20233 min read

Guide to Deductible Business Expenses | Part 8: Taxes

In addition to other types of expenses, certain federal, state, local, and foreign taxes also qualify as deductible business expenses.

51 views

Guide to Deductible Business Expenses | Part 7: Retirement Plans

Taylor Perry

Aug 8, 20233 min read

Guide to Deductible Business Expenses | Part 7: Retirement Plans

If you missed the first six parts of our guide to deductible business expenses, you can find them below: Part 1: Transportation, Travel,...

120 views

Taylor Perry

Jan 12, 20223 min read

Tax Season 2022 | What You Should Know

Tax season is upon us once again. As you prepare to file your 2021 tax return, watch out for important dates, changes, and correspondence fr

134 views

Advance Child Tax Credit & Your 2021 Tax Return

Taylor Perry

Jan 4, 20222 min read

Advance Child Tax Credit & Your 2021 Tax Return

With the new year comes yet another tax season! As you gather your 2021 tax information, be on the lookout for correspondence from the IRS.

62 views

Guide to Deductible Business Expenses | Part 6: Employee Wages

Taylor Perry

Sep 9, 20214 min read

Guide to Deductible Business Expenses | Part 6: Employee Wages

If you’ve been following our blog for a while, you may have already read the first five posts in our series on deductible business...

4,087 views

Guide to Deductible Business Expenses | Part 5: Interest Expense

Taylor Perry

Jul 9, 20213 min read

Guide to Deductible Business Expenses | Part 5: Interest Expense

Business interest expense includes interest paid on loans used for business purposes. Deducting interest reduces the cost of borrowing [...]

234 views

Guide to Deductible Business Expenses | Part 4: Insurance Premiums

Taylor Perry

May 5, 20213 min read

Guide to Deductible Business Expenses | Part 4: Insurance Premiums

To read the first three posts in our ongoing blog series on tax-deductible business expenses, check out the links below: Part 1:...

610 views

Guide to Deductible Business Expenses | Part 3: Depreciation

Taylor Perry

Apr 14, 20216 min read

Guide to Deductible Business Expenses | Part 3: Depreciation

If you're a small business owner, you know how important it is to take advantage of as many deductions as possible. One oft-overlooked [...]

654 views

Guide to Deductible Business Expenses | Part 2: The Home Office Deduction

Taylor Perry

Mar 5, 20218 min read

Guide to Deductible Business Expenses | Part 2: The Home Office Deduction

Before reading this week's post, take a gander at Part 1: Transportation, Travel, & Meals. Have you heard of the home office deduction?...

736 views

Guide to Deductible Business Expenses | Part 1: Transportation, Travel, & Meals

Taylor Perry

Feb 12, 20214 min read

Guide to Deductible Business Expenses | Part 1: Transportation, Travel, & Meals

Are you a small business owner or freelancer? You may be surprised by how many of your business expenses are considered tax-deductible [...]

1,298 views

Tax Season Already? | Filing Deadlines in 2021

Taylor Perry

Dec 4, 20203 min read

Tax Season Already? | Filing Deadlines in 2021

Can you believe it’s almost time to file your taxes? As the year comes to a close, another tax season awaits just around the corner [...]

2,206 views

Selling Your Home: The Capital Gains Exclusion

Taylor Perry

Nov 14, 20203 min read

Selling Your Home: The Capital Gains Exclusion

Are you planning to sell your home? If you make a profit on the sale, it may be subject to capital gains tax on your federal tax return...

267 views

Taxes for Homeowners | The Homestead Exemption

Taylor Perry

Nov 6, 20202 min read

Taxes for Homeowners | The Homestead Exemption

Homeownership comes with a great deal of financial responsibility. If you own your home, you're already familiar with the costs of [...]

94 views

Taylor Perry

Oct 30, 20203 min read

Homeownership & Property Taxes

If you are contemplating becoming a homeowner, you may be surprised by the myriad of expenses associated with owning your own home [...]

75 views

Tax Benefits for Homeowners: The Home Mortgage Interest Deduction

Taylor Perry

Oct 19, 20205 min read

Tax Benefits for Homeowners: The Home Mortgage Interest Deduction

Do you own a home, or are you looking to purchase one? There are several tax benefits that come with being a homeowner, such as the [..]

364 views

Tax Deductions & Credits | What’s The Difference?

Taylor Perry

Sep 25, 20202 min read

Tax Deductions & Credits | What’s The Difference?

The distinction between tax deductions and tax credits is often misunderstood. So what’s the difference?

172 views

Taylor Perry

Aug 14, 20202 min read

What Are Estimated Payments?

Depending on your type of employment, level of income, and the previous tax year, you may be required to make estimated payments [...]

82 views

COVID-Related Paid Sick Leave | Requirements & Assistance for Small-to-Midsize Employers

Taylor Perry

May 21, 20204 min read

COVID-Related Paid Sick Leave | Requirements & Assistance for Small-to-Midsize Employers

Who is required to provide employees with paid sick leave under the Families First Coronavirus Response Act (FFCRA)?

30 views

Never miss a post!

Subscribe to our blog for the latest tax tips, financial advice, and more.

receptionist@athenscpa.net

(706) 549-8197

Find us on Facebook

Accounting Demystified

Seymour & Perry, LLC Certified Public Accountants & Consultants

Seymour & Perry, LLC
Certified Public Accountants & Consultants