vitalecpa.com RSS Feed https://vitalecpa.com/ Take a look at our recent blog posts and client newsletter articles. en-us Thu, 01 Apr 2021 09:00:00 -0500 Thu, 01 Apr 2021 09:00:00 -0500 Q & A: The $10,200 Unemployment Tax Break https://www.vitalecpa.com/newsletter.php#4 A new tax break - in effect only for the 2020 tax year - allows you to exclude the first $10,200 of unemployment compensation from your taxable income. Thu, 01 Apr 2021 09:00:00 -0500 https://www.vitalecpa.com/newsletter.php#4 PPP Loan Deadline Extended Through May 31 https://www.vitalecpa.com/newsletter.php#5 The Paycheck Protection Program Extension Act of 2021 was signed into law on March 31, extending the deadline to apply for a loan by an additional 60 days. Thu, 01 Apr 2021 09:00:00 -0500 https://www.vitalecpa.com/newsletter.php#5 Highlights of the American Rescue Plan Act https://www.vitalecpa.com/newsletter.php#2 Signed into law on March 11, the American Rescue Plan Act of 2021 contains several tax provisions affecting individuals and families. Thu, 01 Apr 2021 09:00:00 -0500 https://www.vitalecpa.com/newsletter.php#2 Federal Tax Deadline Extended To May 17 https://www.vitalecpa.com/newsletter.php#1 The federal income tax filing due date for individual taxpayers, including those who pay self-employment tax, has been extended to Monday, May 17, 2021. Thu, 01 Apr 2021 09:00:00 -0500 https://www.vitalecpa.com/newsletter.php#1 Economic Impact Payments: Round Three https://www.vitalecpa.com/newsletter.php#3 Starting March 12, the IRS began sending out the third round of economic impact payments via direct deposit, paper checks, and EIP Cards. Thu, 01 Apr 2021 09:00:00 -0500 https://www.vitalecpa.com/newsletter.php#3 Tax Breaks for Families With Children https://www.vitalecpa.com/newsletter.php#3 If you have children, one or more of these tax credits and deductions could help your family reduce the amount of tax owed. Mon, 01 Mar 2021 09:00:00 -0600 https://www.vitalecpa.com/newsletter.php#3 Small Business Tax Roundup https://www.vitalecpa.com/newsletter.php#4 In 2020, the IRS issued a number of guidance documents as well as final rules and regulations that clarified several tax provisions affecting businesses. Mon, 01 Mar 2021 09:00:00 -0600 https://www.vitalecpa.com/newsletter.php#4 Renting Out a Second Home https://www.vitalecpa.com/newsletter.php#2 Tax rules on rental income from second homes can be confusing, especially if you rent the home out for several months of the year and also use the home yourself. Mon, 01 Mar 2021 09:00:00 -0600 https://www.vitalecpa.com/newsletter.php#2 Capital Gains Tax on Sale of Stocks https://www.vitalecpa.com/newsletter.php#5 If you made money last year buying and selling stocks, you may owe capital gains tax. Mon, 01 Mar 2021 09:00:00 -0600 https://www.vitalecpa.com/newsletter.php#5 Avoiding an IRS Tax Audit https://www.vitalecpa.com/newsletter.php#1 With taxes becoming more complicated every year, there is an even greater possibility of tax confusion turning into a tax mistake and an IRS audit. Avoiding "red flags" like these could help. Mon, 01 Mar 2021 09:00:00 -0600 https://www.vitalecpa.com/newsletter.php#1 Important Rules for Non-Profit Accounting https://vitalecpa.com/blog.php?id=15 Vitale & Company offer accounting help to non profits. Fri, 13 Jul 2018 09:00:00 -0500 https://vitalecpa.com/blog.php?id=15 https://vitalecpa.com/blog.php?id=14 Vitale & Company offer business valuation services. Thu, 15 Mar 2018 09:00:00 -0500 https://vitalecpa.com/blog.php?id=14 Restaurants: How to Factor Tip Income into Your Tax Plan https://vitalecpa.com/blog.php?id=13 Tue, 13 Feb 2018 09:00:00 -0600 https://vitalecpa.com/blog.php?id=13 Estate Planning: How to Get Started https://vitalecpa.com/blog.php?id=12 Tue, 21 Mar 2017 09:00:00 -0500 https://vitalecpa.com/blog.php?id=12 Business Accounting: Why You Need It https://vitalecpa.com/blog.php?id=11 Tue, 07 Mar 2017 09:00:00 -0600 https://vitalecpa.com/blog.php?id=11 The Importance of Tax Planning https://vitalecpa.com/blog.php?id=10 Mon, 06 Feb 2017 09:00:00 -0600 https://vitalecpa.com/blog.php?id=10 Welcome to Our New and Improved CPA Blog: Vitale's Voice! https://vitalecpa.com/blog.php?id=3 Welcome to our new and improved CPA blog! Here you will find information about taxation, financial accounting and even inside tips for your business. Mon, 20 Jul 2015 09:00:00 -0500 https://vitalecpa.com/blog.php?id=3 Transition Rules for Expensing Qualified Real Property https://vitalecpa.com/blog.php?id=4 Click here to read more information from Vitale, Smyth & Associates, LLC about the transition rules for expensing qualified real property. Mon, 20 Jul 2015 09:00:00 -0500 https://vitalecpa.com/blog.php?id=4 The Importance of Good Record Keeping https://vitalecpa.com/blog.php?id=6 If a natural disaster strikes your home or office, being well organized in your record keeping can save you considerable time and effort. Mon, 20 Jul 2015 09:00:00 -0500 https://vitalecpa.com/blog.php?id=6 The Benefits of Tax Planning Services https://vitalecpa.com/blog.php?id=1 There is a very big difference between tax preparation and tax planning, and understanding the difference can be extremely useful for your business. Mon, 20 Jul 2015 09:00:00 -0500 https://vitalecpa.com/blog.php?id=1 Small Business Health Care Tax Credit: 15 FAQs https://vitalecpa.com/blog.php?id=7 This blog offers information on the Small Business Health Care Tax Credit for 2010-2013, including information on transition relief for 2010. Mon, 20 Jul 2015 09:00:00 -0500 https://vitalecpa.com/blog.php?id=7 Qualified Leasehold Improvement Property https://vitalecpa.com/blog.php?id=5 Qualified leasehold improvement property placed in service before 1/1/14 is eligible for both 50% bonus depreciation and is depreciated over 15 years. Mon, 20 Jul 2015 09:00:00 -0500 https://vitalecpa.com/blog.php?id=5 Keeping Your Auto Dealership Ahead in 2015 https://vitalecpa.com/blog.php?id=2 Stay profitable and focus on your automotive dealership sales with the help of an experienced auto dealership accountant based in Monmouth County, NJ. Mon, 20 Jul 2015 09:00:00 -0500 https://vitalecpa.com/blog.php?id=2 About the Small Business Health Care Tax Credit https://vitalecpa.com/blog.php?id=8 Click here to read about the extension deadlines and details on other important information about the Small Business Health Care Tax Credit. Mon, 20 Jul 2015 09:00:00 -0500 https://vitalecpa.com/blog.php?id=8