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Self-Employed? You May Be Eligible for the Home Office Deduction
Many people work from home these days, but that doesn't mean they can claim the home office tax deduction. Only eligible self-employed individuals may do so, and there are other rules to follow and a couple of different ways of calculating the tax break. We cover the pertinent details.
 

 
Succession Planning: Splitting Up the Pie
Imagine a family dinner. One sibling gets a huge piece of pie and the others get tiny slivers. The mood at the table would probably not be very good. Likewise, as part of the process of picking a successor, many family business owners struggle to compensate siblings who were not chosen to run the company. This article offers some helpful thoughts on handling the situation fairly for everyone.
 

 
Are All of Your Business's Customers Profitable?
You likely work hard to attract and retain customers. But in some cases, certain customers may be unprofitable and dragging your business down. Here are some strategies, including dividing customers into A, B and C groups, for evaluating their real value to your business.
 

 
Decoding the Differences Between Tax-Advantaged Health Care Spending Accounts
The question we answer in this article is:

What are the differences between the three most popular tax-advantaged health care spending accounts: 1) Health Savings Accounts, 2) health Flexible Spending Accounts, and 3) Health Reimbursement Arrangements?
 

 
 
West & Company, LLC
613 Broadway Ave Mattoon, IL 61938
www.westcpa.com


 
 
 
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