DouglasLFeemanCPA

CPA firm specializing in Small Businesses and their owners

[DouglasLFeemanCPA @dlfCPA]

A winning scratch-off ticket or a slot-machine payout is worth celebrating, especially if it’s big. But there are also income tax consequences to be aware of. https://t.co/PTHhaM0VIb

[DouglasLFeemanCPA @dlfCPA]

If you’ve been maxing out your 401(k) elective deferrals, you may be able to add to your retirement nest egg with another type of 401(k) contribution. https://t.co/pfQDFk24AJ

[DouglasLFeemanCPA @dlfCPA]

A change in state residency has tax implications beyond income taxes. Find out what tax factors to look at before relocating. https://t.co/G7SSQzZ4Ll

[DouglasLFeemanCPA @dlfCPA]

Keeping your withholding aligned with your expected tax liability can help you enjoy better cash flow during the year and avoid unwelcome surprises at filing time. Learn how to fine-tune it. https://t.co/4rgCrw0KnW

[DouglasLFeemanCPA @dlfCPA]

Rebalancing your investment portfolio periodically is necessary to maintain your desired asset allocation, which can help manage risk and achieve your goals. Here are some tips for tax-smart rebalancing. https://t.co/LSOeEkrb2h

[DouglasLFeemanCPA @dlfCPA]

C corporation shareholders usually owe tax on gains from selling stock. But with qualified small business (QSB) stock, owners hold the key to a potential gain exclusion. Is this strategy right for your business? https://t.co/2MiPcXgGVK

[DouglasLFeemanCPA @dlfCPA]

Securing ownership of your business’s IP is critical. Without the right legal agreements in place, employees or contractors could claim rights to these important value drivers. https://t.co/HUPGXb6uxb

[DouglasLFeemanCPA @dlfCPA]

To minimize potential interest and penalties and maximize tax-saving opportunities, look beyond April 15 to the tax-related deadlines you may face for the rest of 2026. https://t.co/Gbg9zNosT1

[DouglasLFeemanCPA @dlfCPA]

Launching a new business requires more than vision alone. Here are five things you need to know before you get started. https://t.co/ESCJSKNhN6

[DouglasLFeemanCPA @dlfCPA]

There are a few more things to do once you’ve filed your 2025 income tax return … https://t.co/39D4KNp6c9

[DouglasLFeemanCPA @dlfCPA]

Beware, small business owners: As your workforce grows, ACA compliance can become a costly surprise without proper planning. https://t.co/p3flX7CzK1

[DouglasLFeemanCPA @dlfCPA]

Not ready to file your federal income tax return by April 15? There are things you can do to avoid or reduce penalties. https://t.co/8eeTY5svTc

[DouglasLFeemanCPA @dlfCPA]

The research credit isn’t just for labs or tech companies. Many businesses are missing out because they mistakenly assume they don’t qualify — or aren’t sure where to start. Learn how the credit works and what to consider. https://t.co/HhaROtMblt

[DouglasLFeemanCPA @dlfCPA]

Making a 2025 IRA contribution can provide tax savings today or when you take distributions in retirement. And you can benefit from tax-deferred or tax-free compounding. But the contribution deadline is coming up soon. https://t.co/6xIWdYOR5d

[DouglasLFeemanCPA @dlfCPA]

For many businesses, the calendar year is the default setting for tax reporting. But in some situations, a different year end may be the smarter choice. https://t.co/1tDadPwbeA

[DouglasLFeemanCPA @dlfCPA]

Many businesses initially place real estate in the same entity as their operating assets. But separating your company from its real estate can offer several important benefits. https://t.co/rO0EUyp8az

[DouglasLFeemanCPA @dlfCPA]

It might not be too late for you to claim clean energy tax credits — if you made eligible purchases or investments last year. https://t.co/jwD8Xc5RQq

[DouglasLFeemanCPA @dlfCPA]

The rules for interest expense deductions for individual taxpayers are complex. Find out what you might be able to deduct on your 2025 income tax return. https://t.co/Q73vhDmSqn

[DouglasLFeemanCPA @dlfCPA]

Termination of S corporation status generally will result in the loss of substantial tax benefits. But there are steps you can take to protect S status. https://t.co/2xEEAqPbwn #SCorporationrules #SCorptermination @smallbiztips