vbCPA - Accounting &Tax

Taxable, tax-deferred and tax-advantaged. All your assets can be placed in one of these three categories. By understanding this concept you can reduce the amount of tax you pay in your lifetime. If you're interested in minimizing your tax obligations and maximizing your net worth, consider the helpful tips and ideas you'll find in this month's planning newsletter. Link to this months newsletter is in the comments below. #chirohustle #chiroprenuer #chiropractic #chiropractor #businessowner #smallbusiness #accountant #tax #businesssuccess #accounting #selfemployed #businessgrowth #entrepreneur #success #entrepreneurship #startup #cpa #investing #taxplanning #irs #taxpayer #finance #chiropractor #healthcare #medical #taxplanning #chiropracticcollege #bookkeeping #taxconsultant #businesstaxes (at Little Rock, Arkansas) https://www.instagram.com/p/B9mDpIblV-v/?igshid=x9jx8h3pscli

Spending the week in San Jose learning about the latest #innovations and #technologies in #accounting at #qbconnect #eliteproadvisor #cpa #accounting #tax (at San Jose, California) https://www.instagram.com/p/B4kx6f0B2rj/?igshid=wty1sjpmhbdt

We spent the day today #volunteering at the @bryanthshornets Bryant High School Financial Reality Fair. It’s very important to start teaching kids about #personal #finance at an early age. A lot of the kids didn't want to grow after seeing how much it would cost them to live as a grown up :)! #money #finances #accounting #taxes #financialliteracy #education #highschool #financialrealityfair #therealworld (at Bryant High School) https://www.instagram.com/p/B3_CgobjlDH/?igshid=dvsyqduntwkg

We are spending the week in San Diego at the IRS @irsnews Nationwide Tax Forum learning about the latest #tax #strategies and #updates so we can help our clients! #smallbusiness #tax #learning #taxes #taxation #entrepreneur #businessgrowth #cpa #cpapowered #vbcpa (at San Diego, California) https://www.instagram.com/p/B2j4TaVhglt/?igshid=jqz5oek8lftd

Thank you to @aapi_arkansas for having our firm at their 11th annual event! (at Statehouse Convention Center) https://www.instagram.com/p/B1mdaYlhodH/?igshid=1xzomut45zoct

Beware of #fake IRS notices. If you get a notice ALWAYS contact your CPA or call the IRS. Never assume you owe. How do we know that this notice is fake? 1. The notice demands immediate payment to resolve the issue. The IRS will not demand without giving you enough time to respond to the notice. 2. The IRS is not abbreviated as "I.R.S". 3. The IRS does not ask for checks be made payable to the IRS, instead the checks are paid to "The United States Treasury". If you receive a notice from the IRS and you are not sure it is is real, call us at 501-503-1272 or call the IRS at 1-800-829-1040 (not the number listed on the notice). #vbcpa #accounting #tax #irs #Medical #Accountant #cpa #vbcpa #taxplanning #smallbusiness #tax #irs #taxpayer #finance #doctor #dentist #dental #chiropractor #dermatologist #orthodontist #optometry #physical_therapist #physician #optometrist #ophthalmology #pediatrician #podiatrist #audiologist #doctors #healthcare #Cardiologist #oncology #surgeons #chiropractic #chiropractor (at Dallas, Texas) https://www.instagram.com/p/B0JRCZWhZ09/?igshid=1f8txhewdfp11

#Giveaway time! @vbcpa is giving away a #Yeti mug and a #Google Home Mini to one lucky person! HOW TO ENTER: 1. Make sure to follow @vbcpa if you're already not 2. Like this picture 3. Tell us in the comments below a pain point related to accounting you wish your CPA could provide a solution for 4. Tag a friend or friends for bonus entries (US residents only. The giveaway is no way endorsed or sponsored by Instagram, Facebook Inc., Yeti or Google. The giveaway will be closed at 11:59 pm CST on 05/31/2019. Winner will be chosen at random and will be announced on 06/01/2019. Good luck!) #instagiveaway #instagramcontest #contest #giveaway #instagood #vbcpa (at VB CPA - Accounting & Tax) https://www.instagram.com/p/BxOfDz8AvkJ/?igshid=3ho8c1d2j72k

We specialize in providing #healthcare #professionals with accounting services and #tax strategies that are designed to save both time and #money, which allow them to increase their overall profitability. #Medical #Accountant #cpa (at VB CPA - Accounting & Tax) https://www.instagram.com/p/Bw-mtumAAPw/?igshid=1o3t7aqfwrs0i

Surprises are for birthdays, not for tax time! Expect more. At vbCPA - being a tax professional isn’t just about crunching numbers. It is about going beyond what you expect from your tax partner, being responsive and knowledgeable, and being proactive in tax planning to prepare you to meet the challenges ahead, so that there are no surprises at tax time! Our goal is to provide an unparalleled level of client service. #vbcpa #accounting #tax #taxplanning #smallbusiness #tax #irs #deductions #taxpayer #finance #doctor #dentist #dental #chiropractor #dermatologist #orthodontist #optometry #physical_therapist #physician #optometrist #ophthalmology #pediatrician #podiatrist #audiologist #doctors #healthcare #medical #Cardiologist #oncology #surgeons https://www.instagram.com/p/Bs8tB3bFCcG/?utm_source=ig_tumblr_share&igshid=1t4gkc7on15nc

Here are some important tax deadlines for the first quarter of 2019. January 31, 2019: -Employers must file 2018 Forms W-2 with the Social Security Administration and provide copies to your employees -File & provide copies of 2018 Forms 1099-MISC to anyone that your business paid more than $600 to in 2018 and is subject to the 1099 filing requirements -File the 2018 Form 940-Employer’s Annual Federal Unemployment (FUTA) Tax Return -File the 4th quarter 2018 Form 941-Employer’s Quarterly Federal Tax Return -File the 2018 Form 945 - Annual Return of Withheld Federal Income Tax. You will use this form to report income tax withheld on all nonpayroll items, including backup withholding and withholding on accounts such as pensions, annuities and IRAs March 15, 2019 This is the due date for calendar-year partnerships or S corporation tax returns. If you can't file your return by 3/15, then you must file for a 6 month extension by 3/15. This is also the last day to make 2018 contributions to pension and profit-sharing plans #vbcpa #accounting #tax #taxplanning #smallbusiness #tax #irs #deductions #taxpayer #finance #doctor #dentist #dental #chiropractor #dermatologist #orthodontist #optometry #physical_therapist #physician #optometrist #ophthalmology #pediatrician #podiatrist #audiologist #doctors #healthcare #medical #Cardiologist #oncology #surgeons (at San Francisco, California) https://www.instagram.com/p/BsQVMLCl9B8/?utm_source=ig_tumblr_share&igshid=1sgnrvmj2n1kg

Beginning on Jan. 1, 2019, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 58 cents per mile driven for business use, up 3.5 cents from the rate for 2018, 20 cents per mile driven for medical or moving purposes, up 2 cents from the rate for 2018, and 14 cents per mile driven in service of charitable organizations. It is important to note that under the Tax Cuts and Jobs Act, taxpayers cannot claim a miscellaneous itemized deduction for unreimbursed employee travel expenses. Taxpayers also cannot claim a deduction for moving expenses, except members of the Armed Forces on active duty moving under orders to a permanent change of station. #vbcpa #accounting #tax #taxplanning #smallbusiness #tax #irs #deduction #taxpayer #finance #doctor #dentist #dental #chiropractor #dermatologist #orthodontist #optometry #physical_therapist #physician #optometrist #ophthalmology #pediatrician #podiatrist #audiologist #doctors #healthcare #medical #medicine #wellness #health  (at Dallas, Texas) https://www.instagram.com/p/Br5H0z6FBR3/?utm_source=ig_tumblr_share&igshid=1t2go5uc8jstl

The IRS recently issued the 2019 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. *58 cents per mile driven for business use *20 cents per mile driven for medical or moving purposes *14 cents per mile driven in service of charitable organizations It is important to note that under the Tax Cuts and Jobs Act, taxpayers cannot claim a miscellaneous itemized deduction for unreimbursed employee travel expenses. Taxpayers also cannot claim a deduction for moving expenses, except members of the Armed Forces on active duty moving under orders to a permanent change of station. #vbcpa #accounting #tax #taxplanning #smallbusiness #tax #irs #deduction #taxpayer #finance #doctor #dentist #dental #chiropractor #surgeon #dermatologist #orthodontist #optometry #physical_therapist #optician #physician #optometrist #osteopath #ophthalmology #pediatrician #pharmacist #podiatrist #ophthalmologist #periodontist #endodontist #radiologist #prosthodontist #gynecologist #anesthesiologist #neurologist #audiologist #allergist #orthopedist #doctors #healthcare #medical #medicine #wellness #health (at Dallas, Texas) https://www.instagram.com/p/Br5HUq0laoN/?utm_source=ig_tumblr_share&igshid=14a9kvcxsdel5

Beginning on Jan. 1, 2019, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 58 cents per mile driven for #business use 20 cents per mile driven for medical or moving purposes 14 cents per mile driven in service of charitable organizations It is important to note that under the Tax Cuts and Jobs Act, taxpayers cannot claim a miscellaneous itemized deduction for unreimbursed employee travel expenses. Taxpayers also cannot claim a deduction for moving expenses, except members of the Armed Forces on active duty moving under orders to a permanent change of station. Taxpayers always have the option of calculating the actual costs of using their vehicle rather than using the standard mileage rates. A taxpayer may not use the business standard mileage rate for a vehicle after using any depreciation method under the Modified Accelerated Cost Recovery System (MACRS) or after claiming a Section 179 deduction for that vehicle. In addition, the business standard mileage rate cannot be used for more than four vehicles used simultaneously. There are other limitations to the mileage rate, for further information please feel free to contact us. vbcpa.tax | [email protected] 501-503-1272 #vbcpa #accounting #tax #taxplanning #smallbusiness #tax #irs #deduction #taxpayer #finance #doctor #dentist #dental #chiropractor #surgeon #dermatologist #orthodontist #optometry #physical_therapist #optician #physician #optometrist #osteopath #ophthalmology #pediatrician #pharmacist #podiatrist #ophthalmologist #periodontist #endodontist #radiologist #prosthodontist #gynecologist #anesthesiologist #neurologist #audiologist #allergist #orthopedist #doctors #healthcare #medical #medicine #wellness #health (at Washington, District of Columbia) https://www.instagram.com/p/Br5G-jVlF61/?utm_source=ig_tumblr_share&igshid=149536ib5m8ii

We wish everyone a Merry Christmas from our family to yours! #merrychristmas #christmas #happyholidays #vbcpa #accounting #tax #cpa (at Dallas, Texas) https://www.instagram.com/p/Br0XqXMFNzl/?utm_source=ig_tumblr_share&igshid=1dd8b7kufan81

Keep more #money in your hands this year! Don't let Uncle Sam take all of your hard earned money. Here's a #tax #tip to help you before the year is over! If you need to buy any new/used equipment for your practice then, take advantage of the Section 179 deduction and/or bonus depreciation. You can write off 100% on any qualified equipment that you place in service before December 31, 2018! There are limits and additional details. Contact us for a #free #consultation. #taxtips #vbcpa #accounting #tax #savemoney #optometristassistant #optometristcpa #optometrists #optometry #optometrypractice #businessowner #taxtime #freeconsultation (at Internal Revenue Service Building) https://www.instagram.com/p/Bqpam7bgeWL/?utm_source=ig_tumblr_share&igshid=1cbzmohozxcui

Happy Thanksgiving! #grateful #thanksgiving2018🦃🍂🍁 #cpa #accountant #accounting #taxes (at Plymouth Rock) https://www.instagram.com/p/BqfLEC5FA_L/?utm_source=ig_tumblr_share&igshid=kdvcs6ejl6uq