Tracey Kinker CPA PA

Tracey J Kinker CPA PA Tax Tools

Business Tax Focus: Can Partners Deduct Expenses They Pay?

Partners sometimes pay business expenses out of pocket. But whether they can deduct those costs generally depends on the partnership agreement or an established reimbursement policy or practice. We explain the importance of clearly written policies and the rules for unreimbursed partnership expenses, including business mileage and home office costs.

Leaving a Legacy for Your Heirs

Want to pass your wealth on to your children, grandchildren and future generations after your death? A trust may be the way to achieve that. Here's one type of trust that can be set up that may benefit you family for decades to come.

A Dozen Tips For Better Business Negotiations

When you think of great dealmakers, you may imagine tough moguls — the kind of business people who seem to never back down. But some of the best negotiators know that successful deals leave both sides satisfied they've made a deal that benefits their businesses. This article lists 12 ways to become a better negotiator using compromise and concession.

How Should Employees Handle HSAs on Their Tax Returns?

The question we'll answer in this article is:

How should our employees report contributions to Health Savings Accounts (HSAs) and subsequent distributions on their federal tax returns? We've been asked this question and want to make sure we answer it correctly.

Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation.Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer.The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

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