Uncategorized | Capital Advisory Group https://capitaladvisorygrp.com Tax Strategy Tax Planning Tax Preparation Thu, 16 Jun 2022 14:15:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://capitaladvisorygrp.com/wp-content/uploads/2018/12/cropped-Site-Icon-32x32.png Uncategorized | Capital Advisory Group https://capitaladvisorygrp.com 32 32 YOU CAN’T DEDUCT THAT GOLF GAME https://capitaladvisorygrp.com/you-cant-deduct-that-golf-game/ Tue, 20 Aug 2019 07:00:33 +0000 https://capitaladvisorygrp.com/?p=507 But There Are Plenty of Other Ways to Make the Most of Your Taxes

Sad news for anyone whose favorite part of the day is their business meeting on the green:
The new tax bill eliminated your opportunity to deduct a golf game as a business expense.
As writer Josh Sens shares in a Golf.com article, buried in the tax reform “is a provision that eliminates a 50% deduction for business-related
entertainment expenses. It applies to a range of activities, including concerts, sporting events, and, yes, rounds of golf.” While dinner at the end of the course can still count, the rounds of golf do not.

What’s a golf-loving business owner to do?

Make the most of the other ways you can optimize your taxes.
GET REIMBURSED FOR YOUR BUSINESS EXPENSES
This is one of the best ways you can maximize your deductions and keep more of what’s yours. Even without golf getting deducted, there are many other expenses you can list. If you have paid for any business expenses personally (this includes your own business) and have not been reimbursed, it’s time to submit that expense report and get paid.
HOLD YOUR ANNUAL MEETING
Meeting minutes are an ideal place to document the activity in your tax strategy. All the items on this list should make their way into your annual meeting. Make the minutes of your annual meeting part of your year-end planning.

Eager for more ways to maximize your deductions? Jeff ’s tax-strategy book, “Keep What’s Yours” helps you do exactly what the title of the book implies: hold onto more of your earnings. Discover how proactive tax-strategy planning will help you keep more of what’s yours. From there,
you’ll get to use what you were paying in taxes to reach your financial goals.

Get your copy of Jeff ’s tax-strategy book here: TheNewTaxLawAdvantageBook.com/offer-page25326725.

]]> 22 ways to celebrate National Goof Off Day https://capitaladvisorygrp.com/22-ways-to-celebrate-national-goof-off-day/ Mon, 18 Mar 2019 21:40:08 +0000 https://capitaladvisorygrp.com/?p=494 Happy Goof Off Day, everyone! Today is the perfect day to get crazy and loosen up. We spend so much time being stressed, whether it’s at the office, in school, at home or in traffic. So today is the day to forget your problems and just laugh a little. Call in sick to work, or if you’re already there, find an excuse to leave, because today is your day to let loose and have fun.

Trying to find a great way to celebrate? Well, you’re in luck. I’ve created a handy dandy list of 22 ways to goof off today, whether you’re in the office or free to roam about.

  1. Take the day off everything: work, school, whatever.
  2. Go somewhere unexpected.
  3. Play tourist in St. Louis
  4. Try a new food (introduce your kids to something new)
  5. Breakfast for dinner – need we say more?
  6. Catch up on Netflix
  7. Do something you would love to do if you had nothing on your To-Do list
  8. Have a dance party- Dance like no one is watching!
  9. Go Outside – it has been a long Winter – Take a day to bask in the sun.
  10. Play a board game
  11. Take a Nap
  12. Have a coffee date with your spouse, the kids, your friends or with a good book.
  13. Read a new book
  14. Play Golf
  15. Take a hike
  16. Have a picnic in the park
  17. Wake up late
  18. Watch old comedies
  19. Go for a drive
  20. UNPLUG Try to be out of touch for the entire day
  21. If stuck at the office – have a nerf gun fight with your coworkers
  22. Just Be Silly, pig out and have as much fun as you can!
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