Is your income high enough to owe two extra taxes?
High-income taxpayers face two special taxes — a 3.8% net investment income tax (NIIT) and a 0.9% additional Medicare tax on wage and self-employment income. Here’s >>
Category: News
Evaluating an ESOP from a succession planning perspective
If you’ve been in business for a while, you’ve probably considered many different employee benefits. One option that might have crossed your desk is an employee >>
Taxpayers who operate a business can generally deduct business-related costs on their income tax returns.
Taxpayers who operate a business can generally deduct business-related costs on their income tax returns. But they must keep thorough, contemporaneous records proving that the deductions >>
If you’re hiring, take a look at veterans
Despite widespread fears of recession in recent months, hiring remains strong in the United States. Employers added 528,000 jobs in July 2022 and many organizations seeking >>
Provide employee parking? Here’s what the IRS wants to know
Many offices, plants and other business facilities are once again filled with real, live people. And those hard-working employees need somewhere to park. If your company >>
Helping Yourself to Your IRS Information
No one on the phone? The IRS has online tools that can help. For many taxpayers, contacting the IRS for wanted information has been an ongoing >>
Congratulations Brenda Peyton, CPP!
JCCS is proud to announce that Brenda Peyton, CPP is our newest Shareholder. Brenda has been with JCCS since 2000. She received her Associate degree in >>
Weathering the storm of rising inflation
Like a slowly gathering storm, inflation has gone from dark clouds on the horizon to a noticeable downpour on both the U.S. and global economies. Is >>
Congratulations Marija Berney, CPA!
JCCS is proud to announce that Marija Berney, CPA is our newest Shareholder. Marija has been with JCCS since 2010. She received her BS in International >>
Donating property to a qualified nonprofit may result in a tax deduction if you follow the rules.
Donating property to a qualified nonprofit may result in a tax deduction if you follow the rules. Get a written receipt when you donate. For property >>
