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Evan Kirkpatrick
Jan 15, 20192 min read
The Best Person to Help Your Small Business
Many business owners need more help than what they are getting. Strategic vision, financial planning, and managing processes are among...
43 views0 comments
Evan Kirkpatrick
Jan 9, 20191 min read
IRS to Pay Refunds During Government Shutdown
Historically, the Internal Revenue Service has not made tax refund payments during government shutdowns. However, on January 7, the...
24 views0 comments
Evan Kirkpatrick
Jan 2, 20191 min read
A Note on Mileage Rate Increases and Tracking Your Mileage
The IRS recently announced the standard mileage rates for 2019. For business travel using a passenger vehicle, the standard rate for will...
29 views
Evan Kirkpatrick
Oct 5, 20182 min read
Keep Calm and Carry On (Fundamentals of Business #7)
If you start or buy a business, it’s virtually certain that something significant is going to go wrong almost immediately. You’ll have a...
31 views
Evan Kirkpatrick
Sep 17, 20182 min read
Seize the Day (Fundamentals of Business #6)
We are only offered so many opportunities in life to do the big things we want to do. This can be difficult to accept sometimes. Our...
13 views
Evan Kirkpatrick
Aug 5, 20182 min read
Do Your Due Diligence (Fundamentals of Business #5)
Few things are irreversible until you quit your job or sign a loan. It’s critical to take advantage of the time before these steps to...
16 views
Evan Kirkpatrick
Jul 29, 20183 min read
Have a Plan - Here's How (Fundamentals of Business #4)
Last time we talked about the reasons to have a plan before you start your new business venture. But what does planning actually look...
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Evan Kirkpatrick
Jul 4, 20181 min read
Relevant Date of an IRS Notice
Is the date an IRS notice is mailed the relevant date? The IRS can’t seize property unless it gives a person notice in writing of a right...
24 views
Evan Kirkpatrick
Jul 2, 20181 min read
Real Real Estate Business?
A court rules that a taxpayer wasn’t in the business of flipping houses, so he couldn’t deduct expenses. The U.S. Tax Court has...
29 views
Evan Kirkpatrick
Jun 22, 20182 min read
Have a Plan - But Why? (Fundamentals of Business #3)
Plans are important. Jumping in without a plan will most likely spell disaster for a new business. The processing of planning can help...
21 views
Evan Kirkpatrick
Jun 18, 20181 min read
Multiple Jobs in Household? Check Withholding Amounts
If you and your spouse are both employed, or you’re single and work more than one job, the IRS is urging you to check your withholding...
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Evan Kirkpatrick
Jun 13, 20181 min read
Part-Time or Seasonal? See Withholding Calculator
Part-time and seasonal workers are urged to check their tax withholding amount. Due to changes under the Tax Cuts and Jobs Act, the IRS...
7 views
Evan Kirkpatrick
Jun 5, 20181 min read
Check Out This Checking Out Tool
Want to check out a nonprofit group before donating? The IRS just introduced a new online tool designed to provide faster and easier...
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Evan Kirkpatrick
May 29, 20181 min read
Ranch for the Right Reasons
Ranching activities weren’t engaged in for profit in one situation. The taxpayer owned a profitable research and publishing business....
13 views
Evan Kirkpatrick
May 16, 20182 min read
Have the Drive (Fundamentals of Business #2)
Running a business is hard. Don’t get me wrong - almost all jobs are hard. Running a business is a different kind of hard than being an...
12 views
Evan Kirkpatrick
May 9, 20183 min read
Be the Best (Fundamentals of Business #1)
Whether you’re thinking about starting a business, in the process of starting a business, or considering a new offering or shifting...
15 views
Evan Kirkpatrick
May 8, 20181 min read
Charitable? Prove it
A taxpayer is denied charitable contribution deductions for cash donations to his church’s Little League team and weekly cash donations...
6 views
Evan Kirkpatrick
Apr 12, 20181 min read
Such a Thing As Accountant-Client Privilege?
Are tax-related emails between an attorney, an accountant and their client protected under the attorney-client privilege? In a recent...
17 views
Evan Kirkpatrick
Mar 15, 20181 min read
Support Your Tax Amounts (or the IRS May Do It for You)
The IRS can piece together a taxpayer’s income and deductible expenses if it suspects the person didn’t correctly report them. That’s...
4 views
Evan Kirkpatrick
Feb 28, 20181 min read
Documentation Needed for Rent Deductions
The U.S. Tax Court ruled that a corporation couldn’t deduct expenses for the purported rental of part of the home of its sole shareholder...
8 views
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