Piercing the Corporate Veil Case Studies

There is a huge misconception that business owners are raking in money and screwing their employees and customers by not “sharing the wealth” or “raising prices”.  As a business owner that works with a ton of other business owners I can tell you that nothing is...

2018 Expense Rules Matrix

Do you have questions on what you can, and cannot deduct from that expense account this year?  This handy dandy little matrix, compliments of Jennings Advisory Group LLC should help you out. 2018 Expense Rules...

Piercing the Corporate Veil

To be honest, a good deal of our clientele comes to our firm because of a problem with taxing entities.  One of the most common reasons that we see is a business owner that has “pierced” his or her “corporate veil”.  What does that term mean exactly?  While there are...

Quickbooks Training Case Studies

As an accounting office that provides tax preparation services we see some “interesting” entries in clients Quickbooks files each year.  What one client may view as a “marketing” expense an accountant may view as “meals and entertainment”.  We have seen partial month...