September 4, 2018
This is a friendly reminder that the Q3 tax estimate payment deadline is coming up fast. Be sure to make your payment by September 15, 2018 to avoid penalties. Currently, penalties for late or no payment average about 4 percent. And wouldn’t you rather keep that money in your pocket?
Staying current on your estimated payments is good business practice. If you are due to make a Q3 payment and have questions, feel free to contact our firm.
Have a great month. And remember, we are here to help!
We can all get caught up in the day…meetings, calls, texts, emails and the myriad of other workday demands that pile up quickly and can create unwanted stress.
I recently returned from a conference where a group of my CPA peers had an interesting and spirited debate over whether the Qualified Business Income (QBI) deduction was available to Ambulatory Surgery Centers (ASCs), Management Service Organizations (MSOs) or hospitals. Along with 50 CPAs that specialize in healthcare and other service organizations, there were two tax attorneys participating in the discussion. Much of the debate had to do with defining what constitutes “performance of services in the field of health” and what does not.
Labor Day is upon us—a popular holiday that is dedicated to the millions of women and men who keep this country going strong. For many, it also means that it’s time to break out the grill for that big end-of-summer celebration. And because most of us aren’t Grill Masters, this is a good time for a refresh on some basic grilling safety tips to keep everyone safe and the party going.