by Dan Lucas | Apr 11, 2018 | Articles, Tax Compliance, Tax Strategies, Videos
Estimated Read Time: 5 minutes – What are the federal tax benefits associated with conservation? The federal benefits associated with land conservation are not federal tax credits, but are instead non-cash charitable contributions specifically granted for conservation...
by Dan Lucas | Oct 11, 2016 | Tax Compliance
Estimated Read Time: 2 minutes – THE BASICS January 1, 2013 the American Taxpayer Relief Act of 2012 was passed and the government extended several key benefits to the small business owner. The bill not only extended the Section 179 deduction, it increased the...
by Dan Lucas | Jan 12, 2016 | Articles, Tax Compliance, Tax Strategies
Estimated Read Time: 2 minutes – As you can imagine, I get this question A LOT. However, there is an important follow up question to this…which you really need to understand. The next question is this: How do I deduct it, and where should I deduct it? Am I telling...
by Dan Lucas | Dec 31, 2015 | Articles, Tax Compliance, Tax Strategies
Estimated Read Time: 4 minutes – Once again, Congress waited until the last minute to let us know what the tax law would be for the year about to end. On December 18th, President Obama signed into law The Protecting Americans from Tax Hikes Act of 2015 (the...
by Dan Lucas | Oct 5, 2015 | Articles, Tax Compliance, Tax Strategies
Estimated Read Time: 4 minutes – This is a very often misunderstood part of the tax code, and it seems like my clients understand it better than the people that continue to vote for it in Washington. The bottom line is that it should be repealed, but alas, it has not...
by Dan Lucas | Jul 6, 2015 | Articles, Tax Compliance, Tax Strategies
Estimated Read Time: < 1 minute – Republicans in Congress are claiming that the IRS “intentionally” steered dollars away from customer service in an effort to get budget increases in order to pacify angry taxpayers....
