Publications – Page 7 – Strategic Tax Advisors – STA

When is Bad Debt Deductible?

Posted on July 10, 2016 by R. Mednick

When is Bad Debt Deductible? From time to time a business owner is faced with the problem of a “bad debt”. The issue may ultimately be whether or not that debt is deductible as a business bad debt deduction. The deductibility of bad debt is determined by Internal Revenue Code section 166. Under the provisions

Posted in Tax Deduction

Taxing On-Line Sales – the Marketplace Fairness Act

Posted on June 20, 2016 by C. Wallis

Taxing On-Line Sales – the Marketplace Fairness Act On May 6, 2013, the U.S. Senate passed the Marketplace Fairness Act (MFA) with bipartisan support by a vote of 69-27. The MFA is viewed by its proponents as a measure to level the playing field between on-line sellers, like Amazon, and brick-and-mortar retailers. The MFA now

Posted in Internet Tax Marketplace Fairness Act

Overview of Individual and Business Tax Provisions in President Obama’s Fiscal Year 2014 Budget

Posted on June 20, 2013 by E. Lee

Overview of Individual and Business Tax Provisions in President Obama’s Fiscal Year 2014 Budget On April 10, 2013, the President called “on Congress to immediately begin work on corporate tax reform that will close loopholes, lower the corporate tax rate, encourage investment here at home, and not add a dime to the deficit,” and released

Posted in Federal Business Tax