What does it mean to be a small business tax advisor? Our mission statement really defines that well! Our mission is to provide small business and personal financial and consulting services. We do this with an empathetic, proactive, genuine and personally dedicated team approach to uncompromising...
Unbehagen elected and served as the 2019 President of the Tampa Small Business Resource Network (SBRN) affiliated with SBDC and USF MUMA College of Business Our President/CEO, Todd Unbehagen, is proud to have served as the nominated 2019 President of the Small Business Resource Network (SBRN)...
On October 1, 2019 the IRS announced that it finalized the safe harbor election for rental property to qualify as a trade or business for the 199A deduction. While it is merely the same as the proposed regulations issued earlier this year, there is one...
Owning a small business has its rewards! Managing the marketing and operations can be very time consuming, yet critically important to your success. However, during tax time, now what do you do? Well, the easy answer is to plan ahead and have a clean set...
Unbehagen Advisors has been in operation since 1992, and we uniquely specialize in small businesses in the service and retail sector of the US economy. Having worked with many successful small businesses over our rich history, we can uniquely identify what is needed to keep your...
You will want to weigh out whether it is beneficial to deduct your business vehicles using the actual costs (fuel, depreciation, insurance, repairs/maintenance, oil, etc.) or the mileage rate. You can't take both at the same time. For most service-based small businesses (sales, realtors, professionals, etc.)...
Many of our clients ask how they can deduct their volunteer time and costs for charity. You should be aware that your generosity may allow you to take certain tax breaks. The confusion often sets in when clients think that their time is deductible. Unfortunately, there...
If you are starting a business or own a small business currently, then contact our team to discuss your specific requirements and our suite of small business services. If you would like general information, then proceed reading below. There are many reasons to form a Limited...
You know you're operating a reputable business, but is that the impression your sales force is leaving with potential customers? Or is your sales team willing to say whatever it takes to seal the deal? In today's cutthroat business climate, it's easy to lose sight of...
IRS examiners usually do their homework before meeting with taxpayers and their professional representatives. This includes reviewing any relevant Audit Techniques Guides (ATGs) that typically focus on a specific industry or audit-prone business transaction. IRS Jumps into Golden Parachutes In February 2017, the IRS updated its Audit...