by Lawhorn Team Professional | Feb 26, 2018 | Advice, Business Practices, Financial Planning, Tax
With its effect being immediate and unanswered questions lingering, the Tax Cuts and Jobs Act largely eliminates the deduction for entertainment expenses, and businesses should incorporate this change without delay. Under the prior law, taxpayers were able to deduct...
by Lawhorn Team Professional | Jan 26, 2018 | Advice, Tax
With the recent government shutdown and the opening of the 2018 tax season coming soon, did you wonder how that would affect the filing your 2017 taxes? Maybe, or maybe not. Thing is, a government shutdown would affect the IRS and its plan for tax filing season. ...
by Lawhorn Team Professional | Dec 27, 2017 | Advice, Business Practices, Financial Planning, Tax
With the most extensive overhaul of the U.S…. tax code in more than three decades having now been passed by both Houses of Congress, and officially signed by President Trump to enact it into law, tax reform is here. These changes will require businesses and...
by Lawhorn Team Professional | Sep 8, 2017 | Advice, Investments, Tax
A while back I held a Lunch & Learn presentation at our office in Knoxville, relating to controlling accounting costs. I know… I bet you didn’t know that was possible! Well, this is the 21st century, and it is definitely possible. A Brief History of...
by Lawhorn Team Professional | Jun 21, 2017 | Advice, Tax
It’s officially summer! Fun for time on the beach and fun making mid-year tax moves. With five months left in the tax year, it’s the perfect time to make some tax moves that could reduce your 2017 tax bill. Here are five easy ones to take care of in July....
by Lawhorn Team Professional | May 25, 2017 | Advice, Miscellaneous
A couple of weekends ago I had the pleasure of heading down to the Farmer’s Market on Market Square in downtown Knoxville. It’s been awhile since I’ve been and it really seemed much larger than I remembered. There are definitely more stands of all kinds to visit and...