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April 2017 tax compliance calendar

As an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting deadlines….

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FAQ…What are miscellaneous itemized deductions?

Miscellaneous itemized deductions are certain nonbusiness expenses that individuals as taxpayers who otherwise itemize deductions may take against their taxable…

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How do I? Maximize start-up deductions for a new business

Starting a new business venture can prove exciting, but rather costly. There are certain tax advantages that can help alleviate…

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Lack of contemporaneous written acknowledgement nixes donation

In a case that provides a lesson to anyone donating property to charity for which a deduction of more than…

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IRS Issues 2017 Inflation-Adjusted Vehicle Depreciation Dollar Limits

The IRS has released the inflation-adjusted limitations on depreciation deductions for business-use passenger automobiles, light trucks, and vans first placed…

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Tax reform proceeds to possible summer enactment

Lawmakers continue to debate comprehensive tax reform, aiming for a package to clear Congress and signed into law by the…

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Longwood University Profile of Woodacre

Longwood Magazine Spring 2017, By Kent Booty March 16, 2017 Josh Woodacre ’18 isn’t bothered by fellow students’ reaction to his…

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Hype Award Winner

– FOR IMMEDIATE RELEASE – April 29,2016 ChamberRVA names four 2016 winners of young professional awards Two individuals and two…