Keith Boyer CPA's Blog

Topics and tips about accounting, taxes, business to personal finance and more!

New York State just implemented a tax that might put Vape Shops out of business

BACKGROUND:Vapor product manufacturers such as Juul Labs, as well Marlboro maker Altria Group's Nu Mark have become the hot topic of conversation over the Thanksgiving table due to the increasing nationwide respiratory illness developed by young adults through inhaling a nonflammable liquid and, or gel with or without nicotine that are manufactured...
Continue reading
  355 Hits
355 Hits

As we approach April 15th, here are some important tax due dates to know

It's hard to believe we are well into March and opening day is next week.A large focus of our content this month has been about important dates for tax filing and extensions. We'll review one of the last deadlines from the first quarter of the tax year and the deadlines you'll need to know as we enter the second quarter of the tax year (April – Jun...
Continue reading
  1561 Hits
1561 Hits

Expecting a Tax Refund this year? Not so fast!

I thought my refund was supposed to be BIGGER?Tax season is well underway and many filers are eagerly awaiting their return.Those that changed their withholding based on the new tax law may question why their return is smaller than prior years. The good news is that you have been receiving more take-home pay in each paycheck throughout 2018. While ...
Continue reading
  1888 Hits
1888 Hits

How the IRS will treat your Venmo payments to and from your business?

The convenience of Venmo and digital money exchanging platforms like Zelle and QuickPay has many businesses, both large and small, using the application to make payments to others and to receive payments for their services and/or products.What is Venmo? If you are not familiar with it by now, Venmo is a payment-processing app that allows you t...
Continue reading
  15431 Hits
15431 Hits
SCROLL TO TOP