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Maximizing Business-Related Travel Deductions: Essential Tips for Savvy Professionals

Maximizing Business-Related Travel Deductions: Essential Tips for Savvy Professionals

by keith | Jan 17, 2023 | RW Phipps Orlando CPA | 0 comments

In the fast-paced world of modern business, professionals frequently find themselves on the move, whether it’s for meetings, conferences, client visits, or other work-related endeavors. The good news is that many of the expenses incurred during these travels can...
IRS: Maximum educator expense deduction rises to $300 in 2022

IRS: Maximum educator expense deduction rises to $300 in 2022

by keith | Aug 18, 2022 | Tax Preparation | 0 comments

As the new school year begins, the Internal Revenue Service is reminding teachers and other educators that they’ll be able to deduct up to $300 of out-of-pocket classroom expenses for 2022 when they file their federal income tax return next year. This is the...
Cryptocurrency: Investment or speculation?

Cryptocurrency: Investment or speculation?

by keith | Jan 10, 2021 | Accounting, Financial, Tax Preparation | 0 comments

With cryptocurrencies so much in the news, you might be wondering if you should invest in them. But “invest” may not be the right word – because, in many ways, cryptocurrencies, or “crypto” for short, are more speculation than investment. But what’s really the...
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