Ascot Accounting

Fair market value is often one of the IRS's go-to items when auditing you. Here is what you need to know.

Get answers to common tax questions and read about the new world of bank reconciliations. And why not have some fun with a resurgence of these classic or newly popular board games.

Now is the time for taxes AND reviewing your Social Security earnings report.

The physical assets you use to access your digital data include your phone, tablet, and computer. That means your executor will need passwords and file names to access those devices.

Investors are increasingly uneasy about the ups and downs of the stock market. If you're worried about your investments and want to reduce your debts, you're in luck.#AscotArticles #TaxTips #TaxHelp

At Ascot, we provide personalized support to help you grow your business. By combining some of the most experienced CPA’s and tax experts with modern technology, Ascot brings the highest level of personalized finance care that will seamlessly record all of your business transactions. Visit our website to learn more about how we can support your business - www.ascot-accounting.com

With Ascot, our team of experts are assisted by automated software that streamlines, simplifies, and eliminates costly errors. This accurate picture of your financial status alleviates concern and creates time for you to focus on your growing business. Visit us today to learn more: www.ascot-accounting.com

Ascot Accounting is here to help. Through this difficult and confusing time, we are offering a special discount on our all-in-one tax and accounting solutions. Our solutions are designed to keep your growing business running at top efficiency. Call or email us to schedule a free consultation to learn more.... 1-(866)-902-1818 [email protected] www.ascot-accounting.com

Despite all of the political debate and rumblings surrounding the shutdown, the IRS recently confirmed that it will be business as usual, and refund checks will be issued for the 2019 filing season. https://www.irs.gov//irs-confirms-tax-filing-season-to-beg

Is it time to reconsider C Corps when choosing your new venture? For the last few decades, LLCs and S Corps have been the default choices for most entrepreneurs. But, under the new tax law, it makes sense to run numbers and look at all 3 before choosing. Here's a brief article talking about some of the pros and cons. https://www.nolo.com//is-it-time-to-form-a-corporation-wit

With the corporate tax rate at 21 percent, a sharp decrease from 35 percent, many are predicting US job growth because our largest corporations will have less incentive to setup operations overseas, but many are taking a wait-and-see attitude. https://www.businessnewsdaily.com/10357-small-business-tax-

The 20 percent deduction for passthrough entities under the new tax law will help many businesses, but limits the amount of benefit for certain businesses, like doctors and lawyers. An interesting article discussing some of the highlights: https://www.usatoday.com//small-business-tax-br/951088002/