Kenny started with the Lewis & Knopf team in 2016 as an intern and began as a full-time staff member in early 2017. As a staff accountant, he performs a variety of accounting duties for both audit and tax engagements.
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Financial Sense Blog
This article discusses how under previous law, deductions for business meals were limited to 50% of the cost, but through the pandemic, that deduction was doubled to 100% for the time being if the meal was provided by a restaurant. Further, many self-employed taxpayers are trying to re-energize their business through travel, and if you…
If you own rental real estate, its classification as a trade or business rather than an investment can have a big impact on your tax bill. The distinction is especially important because of the 20% Section 199A deduction for certain sole proprietors and pass-through entity owners. The 199A deduction is available for qualified business income…