Is There a Weak Link in Your Supply Chain?
In an increasingly global economy, keeping a close eye on your supply chain is imperative. Even if your company operates only locally or nationally, your suppliers could be affected by wider economic conditions and developments. [...]
Do You Still Need to Worry About the AMT?
There was talk of repealing the individual alternative minimum tax (AMT) as part of last year’s tax reform legislation. A repeal wasn’t included in the final version of the Tax Cuts and Jobs Act (TCJA), [...]
The Linkenheimer Team Helps Out at Redwood Empire Food Bank
On Monday, July 23rd, the team from Linkenheimer, along with significant others met up after work at the Redwood Empire Food Bank to lend a helping hand. Summer months are always tough for REFB in [...]
Why the “Kiddie Tax” is Potentially More Dangerous Than Ever
Once upon a time, some parents and grandparents would attempt to save tax by putting investments in the names of their young children or grandchildren in lower income tax brackets. To discourage such strategies, Congress [...]
Business Deductions for Meal, Vehicle and Travel Expenses: Document, Document, Document
Meal, vehicle and travel expenses are common deductions for businesses. But if you don’t properly document these expenses, you could find your deductions denied by the IRS. A critical requirement Subject to various rules and [...]
3 Traditional Mid-Year Tax Planning Strategies for Individuals that Hold Up Post-TCJA
With its many changes to individual tax rates, brackets and breaks, the Tax Cuts and Jobs Act (TCJA) means taxpayers need to revisit their tax planning strategies. Certain strategies that were once tried-and-true will no [...]
Close-up on the New Qualified Business Income (QBI) Deduction’s Wage Limit
The Tax Cuts and Jobs Act (TCJA) provides a valuable new tax break to noncorporate owners of pass-through entities: a deduction for a portion of qualified business income (QBI). The deduction generally applies to income [...]
Victims of the Pawnee Fire in Lake County Get Tax Relief
Victims of a California wildfire, dubbed the Pawnee Fire in Lake County, get tax relief from the CA Employment Development Dept. (EDD). Employers directly affected by the fire (which started on 6/23/18) may request a [...]
Linkenheimer’s Carli Ortiz on KSRO
Linkenheimer's Carli Ortiz will be on the radio today at noon on KSRO, discussing tax reform as it relates to real estate, both personal residences and business/ rental properties. Please tune into On Air with George [...]
What You Can Deduct When Volunteering
Because donations to charity of cash or property generally are tax deductible (if you itemize), it only seems logical that the donation of something even more valuable to you — your time — would also [...]