GBQ

Entrepreneurial Spirit. Independent expertise.

GBQueue

Accounting and financial news
from the front lines

Entrepreneurs: What can you deduct and when?

by Melissa Rager

Starting a new business is an exciting time. But before you even open the doors, you generally have to spend a lot of money. You may have to train workers and pay for rent, utilities, marketing and more. Entrepreneurs are often unaware that many expenses incurred by start-ups can’t be deducted right away. How expenses […]

Posted in Audit & Tax Talk | Comments »

Well Ted, Here’s to Unemployment

by Judd Ballard

It’s primary day in Ohio and while I haven’t voted this morning, I’ve enjoyed reflecting on some of the more comical GOP campaign promises to date. The only one appearing to affect my very immediate future is Ted Cruz and his wish to do away with the IRS. I haven’t quite wrapped my hands around […]

Posted in Audit & Tax Talk | Comments »

Make a 2015 contribution to an IRA before time runs out

by Melissa Rager

Tax-advantaged retirement plans allow your money to grow tax-deferred — or, in the case of Roth accounts, tax-free. But annual contributions are limited by tax law, and any unused limit can’t be carried forward to make larger contributions in future years. So it’s a good idea to use up as much of your annual limits […]

Posted in Audit & Tax Talk | Comments »

Tags