Entity selection - choosing your business type
When starting a business, you want to ensure you choose the type of entity that will serve you and your business best. There are many...
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Mickele Nowden CPA
- Jan 27
- 3 min
Why you should not own property in an S corp
Holding property inside of a business is not a new concept, but there are things you want to keep in mind if you hold property inside a...
12 views
Mickele Nowden CPA
- Dec 16, 2021
- 3 min
Why hiring a qualified professional tax professional is important.
Ever wonder why going to a tax professional costs more than preparing a return yourself or going to one of those big-box shops? Did you...
12 views
Mickele Nowden CPA
- Dec 7, 2021
- 1 min
Who is on your financial team?
Some roles will need multiple professionals; it is often helpful for your CPA to work with your financial planner/advisor when it comes...
10 views
Mickele Nowden CPA
- Jun 8, 2021
- 2 min
Global Economy and Foreign Reporting
As we as a society get more and more global, taxes begin to get more complex. Take, for example, you have a relative, and they pass away...
18 views
Mickele Nowden CPA
- Jun 7, 2021
- 1 min
Advance Child Tax Credit Payments
New for 2021: Advance Child Tax Credits will begin being processed by the IRS starting July 15th and will be paid monthly on the 15th...
19 views
Mickele Nowden CPA
- Apr 13, 2021
- 2 min
Retirement Planning – Updated
Changes to retirement plans from Covid and states.
21 views
Mickele Nowden CPA
- Apr 6, 2021
- 8 min
Book Review: Profit First by Mike Michalowicz
Review of the book "Profit First" by Mike Michalowicz
17 views
Mickele Nowden CPA
- Jan 26, 2021
- 2 min
So, You Bought into Bitcoin (or Other Virtual Currency)
Did you know that the IRS treats the use or sale of virtual currency like property instead of like cash? If you didn’t, you might be...
26 views
Mickele Nowden CPA
- Jan 22, 2021
- 1 min
Net Operating Losses
There are few things that I like more than Net Operating Losses (NOLs), but it seems that the love is not widely shared. When the TCJA...
25 views
Mickele Nowden CPA
- Jan 22, 2021
- 1 min
Helpful Links
W-4 - click here New 1099-NEC - click here IRS Withholding Calculator - click here CA Withholding Calculator - click here Blank W-9 -...
20 views
Mickele Nowden CPA
- Jan 20, 2021
- 3 min
PPP Loans, Key Information
You got a PPP loan, so now what? When you applied for the loan, you were probably informed of the expense that the loan could be used to...
20 views
Mickele Nowden CPA
- Jul 3, 2018
- 2 min
Court Ruling on Independent Contractors, Will Your Business Be Affected?
Determining if a worker qualifies as an employee or independent contractor can sometimes be a difficult thing to do and deciding...
34 views
Mickele Nowden CPA
- Jun 30, 2018
- 3 min
Tax Cuts and Jobs Act Individual Tax Changes (2018 Tax Reform)
The Tax Cuts and Jobs Act (new law) has made some major changes to individual tax law. Unlike the business changes, many of the...
25 views
Mickele Nowden CPA
- Jun 30, 2018
- 1 min
New Postcard 1040 Draft Released
The IRS and Treasury Department released a draft version of the new postcard 1040 which combines the 3 former Form 1040s (1040, 1040A and...
31 views
Mickele Nowden CPA
- Jun 30, 2018
- 2 min
Retirement Planning
I have been reading several articles and listening to many audio books on retirement planning lately. According to studies, not planning...
11 views
Mickele Nowden CPA
- Apr 28, 2018
- 2 min
New Lease Rules - A Short Summary
As you may know the new FASB Accounting Standard Update or ASU 2016-02, Leases (Topic 842) (standard) is effective for public companies...
18 views
Mickele Nowden CPA
- Apr 27, 2018
- 2 min
Tax Cuts and Jobs Act Business Tax Changes (2018 Tax Reform)
The Tax Cuts and Jobs Act (new law) has made some major changes to business tax law. A lot of the changes were effective as of January...
22 views
Mickele Nowden CPA
- Apr 27, 2018
- 1 min
San Francisco Sugary Drinks Tax Q1 Due 4/30/18
If you are subject to the new "Sugary Drinks Tax" (or even if you are not) the first returns or opt outs are due on 4/30/18. You or your...
28 views
© 2018 by Mickele-Sade Nowden, CPA.
