Oliver & Spencer CPAs, P.C.
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Business Owner
Articles
Benefits and retirement plans
Benefit plans for small businesses
Disability income insurance for the self-employed
Group health insurance: a valued employee benefit
Group term life insurance
Health insurance for the self-employed
Life insurance for the self-employed
Offering group disability insurance
Retirement plans for small businesses
Understanding individual 401(k) plans
What employers need to know about workers' compensation insurance
Starting a business
Advantages and disadvantages of self-employment
Choosing an entity for your business
Funding a business
Hiring your first employee
Qualifying for the home office deduction
Record keeping for your own business
Starting or buying a business
Tax planning for the self-employed
Decision Tools
Benefits and retirement plans
401(k) plans
Building a retirement plan for your business
Comparison of types of educational assistance
Individual 401(k) Illustration
Choosing an entity
Choosing a business entity
Comparison of LLCs, LLPs, and professional corporations
How C Corporations, Limited Liability Companies, and Limited Liability Partnerships Protect Personal Assets
Tax planning
Accelerating deductions/postponing income
Transferring or selling a business
Business succession planning alternatives
Planning for succession of a business interest
FAQs
Home-based businesses
Can I deduct home office expenses?
If I work at home occasionally, am I entitled to a home office deduction?
Starting a business
Don't most small businesses fail?
Should I buy an existing business or start from scratch?
Should I buy or lease assets for my business?
Tax Planning
Articles
General tax planning
Am I having enough withheld?
Choosing an income tax filing status
Help! I can't pay my tax bill
Income tax planning and 529 plans
Surviving an audit
Tax benefits of home ownership
Tax planning for income
Tax planning for the self-employed
Taxation of investments
Year-end tax planning
Tax credits and deductions
Education tax credits
Personal deduction planning
Qualifying for the home office deduction
Understanding personal tax credits
Decision Tools
General tax planning
Accelerating deductions/postponing Income
Accelerating income/postponing deductions
Federal individual income tax fundamentals
Remarriage with children: income tax considerations
Tax credits and deductions
Comparison of education tax credits and deductions
General business tax credits
Is my home mortgage interest fully deductible?
Tax credit sampler
FAQs
General tax planning
Am I having enough tax withheld from my paycheck?
Are my Social Security benefits subject to income tax?
Are scholarships and grants subject to federal income tax?
Do I have to file a federal income tax return?
Do I have to pay U.S. taxes when I work abroad?
How did the Jobs and Growth Tax Relief Reconciliation Act of 2003 change capital gains tax rates?
I don't have the cash to pay my taxes. What can I do?
I have investment property. What does basis mean, and how do I determine the basis of my property?
I received a state tax refund last year. Must I include that amount as income on my federal return this year?
My spouse passed away this year. When I file my taxes, what filing status should I claim?
What is my tax bracket?
What is the alternative minimum tax?
What is the basis of property received as a gift?
What is the kiddie tax?
What penalties and interest will I be charged for paying and filing my federal income taxes late?
What's the difference between an "injured spouse" and an "innocent spouse"?
Will I have to pay tax on my investment income?
Tax credits
Can I take the credit for the elderly or disabled?
Can I take the tax credit for child care?
Now that my child is in college, am I entitled to any education tax credits?
What are the Hope credit and the Lifetime Learning credit?
What is the child tax credit?
What is the difference between the child tax credit and the child and dependent care tax credit?
What is the earned income credit and who qualifies for it?
Tax deductions
Can I deduct home office expenses?
Can I deduct premiums paid for long-term care (LTC) insurance?
Can I deduct the cost of improvements or repairs I've made to my home?
How do I deduct and substantiate my gambling losses?
I paid my mother's real estate taxes last year. Can I deduct this on my tax return?
I refinanced my principal home last year and paid points. What are points, and can I deduct them on my tax return?
If I prepay next year's taxes this year, can I deduct them this year?
If I work at home occasionally, am I entitled to a home office deduction?
Is student loan interest deductible?
My spouse and I are filing separate returns. Can we both itemize our deductions? If so, how do we split the deductions?
My town has assessed against me a real estate betterment for new sewer lines installed in my street. May I deduct this amount on my tax return?
We just bought our first home. What can we deduct from the settlement statement?
Taxes and home ownership
Can I deduct the cost of improvements or repairs I've made to my home?
How do I figure the tax on the sale of my home?
I refinanced my principal home last year and paid points. What are points, and can I deduct them on my tax return?
I rent my home out for two weeks each year. Do I have to show this rental income on my federal income tax return?
If I prepay next year's taxes this year, can I deduct them this year?
My town has assessed against me a real estate betterment for new sewer lines installed in my street. May I deduct this amount on my tax return?
We just bought our first home. What can we deduct from the settlement statement?
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