Hey everyone, I have finally finished developing a business application for Brian T. Stoner, CPA on the android phone (thanks, Jimena and the design team, everything looks great!) For a while I was always a little annoyed that to access my website on my phone I had to google my name or go into my contact list. Now with this app I push the app button and can access my blog, my contact info, jump to my website, media page, location map and my social media sites quickly and easily! You can get the free download on Google Play by clicking this link with your phone: https://play.google.com/store/apps/details?id=com.app_briantstoner.layout&hl=en I think it will make it easier for people to get in touch with me and see more information about my services. It isn’ t that expensive to maintain and really looks great. Soon it will also be available on Itunes for Iphone and Ipad and should also be available for blackberry. Sometimes technology can be so cool. (If you want to talk to the lady who put this all together for me, email Jimena Cortez at WizardMedia, LLC: info@wizardmedia.net Website: www.wizardmedia.net ) For financial, accounting and tax musings, You can count on us [...]
Musings of a Burbank CPA: Six Business Topics and Trends to Study for 2014
Happy New Year! The New Year brings new areas to benefit from and be aware of. You’ve likely heard these topics mentioned in the news. The question is, have you stopped and thought about how they will be impacting your business this year? The Biggie: The Affordable Care Act This new law impacts both employer insurance and taxes of small businesses. The law is complicated with many definitions and varying effective dates. It impacts self-employed individuals, business with fewer than 25 employees, and businesses with fewer than 50 employees. You may be eligible for tax credits, and under certain circumstances, you could be subject to penalties if you don’t act. It’s best to consult with a tax professional to sort out what it means to you. Big Data and Data Transparency In large businesses, big data refers to all of the data that is collected from customer’s habits and purchases. In small businesses, we do not collect data on the scale that large businesses do, but we do collect customer information. It will become more important than ever to be transparent about what data is being collected and how it is used. If you do not already have a privacy [...]
Tax Musings of a Burbank CPA: Here is a Great Explanation of S Corporation Reasonable Compensation!
If you have been reading my blog over the last few months, I have spent a lot of time discussing S Corporation ‘reasonable compensation’ issues for corporate shareholders and why the IRS is starting to target this issue. I found a really good discussion and explanation of how ‘reasonable compnsation’ works in this posting on AccountingToday by David J. Kautter. He spells it out pretty good: http://www.accountingtoday.com/news/Best-Practices-Setting-Reasonable-Compensation-Small-Business-Owners-69219-1.html If you are an S Corporation owner and have looked at this article, now you have enough information to be able to ask, what do I do! If you want to call or email me, we can talk about planning issues that should help in the future. For financial, accounting and tax musings, You can count on us to count for you! Email: bstonercpa@sbcglobal.net Phone: 818-317-6035 Website: www.briantstonercpa.com Has been Featured On https://twitter.com/bstonercpa