Category Archives: Uncategorized

Compliancy: Cannabis in the Tax News

Pioneering Pioneering Tax Help and compliance for the Cannabis Frontier

Compliancy with tax laws is a popular complaint and challenge among business owners at this busy time of tax preparation.  Compliancy might be difficult for you, as the CEO of your company. However, check out the true life extremes Zack Lazarus goes to. Like any business owner, he’s only seeking compliancy with state, local and…

IRS Audit: Beware

Avoid an IRS Audit

The IRS audit and the avoidance of it are hot topics right now.  Tax Accountants see audit apprehension in the eyes of anxious taxpayers every year at this time.  The IRS audit has had a long time psychological hold over the imagination of taxpayers.  “Please audit my tax forms.  I think I filed perfectly.  Can…

Service Charges, Tips and Taxes, Demystified

Service Charges and Tips Must Be in Compliance with Current Tax Laws

Service Charges? Tips? Who knows the difference? Who needs to know about them? Can we just lump tips and service charges all together for taxes? In our previous blog, we focused your tax duties if you were an employee who received tips from customers. In this blog we will turn the tables, so to speak,…

Tax Break Alert: Big News for Small Business Owners

Take A Capital Gains Deduction

The 20 percent tax break for owners of small businesses has been big news for small business owners for months. Taking a deduction for 20 percent of your taxable income could make a big difference in your tax planning and business budget. Since tax planning has been our topic for the beginning of fall, we…

Labor Day Honors and Statistics in the USA

Labor Day is also a time to remember early workers and their struggle to make working conditions human.

Labor Day marks the end of summer.  And for many, it is the last care-free summer holiday before fall schedules and school terms take over their lives.  Labor Day is such a mysterious and perhaps misunderstood holiday that we depart from our usual tax and accounting topics, to bring you some special Labor Day facts…

States React to Wayfair Decision and Demand Dollars

States get new powers to tax remote states.

States are beginning to take the driver’s seat in taxing e-commerce.  The states received this power in the so-called Wayfair decision, on which we have blogged extensively in a former blog.  Now, however, Gavrilov & Co feels you need to know how the states are reacting to the changes.  It’s a new world of taxation…

The Executive Accounting Squad: Secrets of Precision Accounting

Executive Accounting Squad on the Maarch

Precision Executive Accounting is at the heart of our business.  And the Executive Accounting Squad is well aware that precision work means every penny counts in your business. But more than good math, our Executive Accounting Squad brings you precision accounting solutions.  They answer your questions about deep financial strategies, payroll, HR problems and taxation…

Bitcoin: Is It Only Your Cryptocurrency Or Tax Kryptonite?

Bitcoin, and Blockchain and Cryptocurrency are words that we see or hear several times each day. The kingdom of Bitcoin, Blockchain and Cryptocurrency rules our topic of the week.  Gavrilov & Co Accounting is aware people think they know about Bitcoins.  True, they hear about them in daily newscasts.  However, people have great difficulty defining…

Legislation Holds Holidays Hostage for Tax Bill Vote-Seasons Greetings

New Legislation for the new Tax Cut is almost complete.

The tax law legislation vote looms large in the near future even as we anticipate the largest winter holidays of the year.  On Sunday, President Trump referred to the tax bill as one of the best holiday gifts the government has ever given to the middle income people of America. It’s like a mysterious present. …