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tax reform 2018

Table for Two – Tax Updates for Restaurant Owners

By Kristy Angerstien | Supervisor, Tax While it seems more cooking shows are appearing on cable and streaming services, studies show Americans are still preferring to eat outside their home. A 2017 report stated the average household spends $3,008 per year on eating out. The benefits for restaurant diners are endless: convivence, fast, no mess, …

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Exciting Stats of the Growing Car Wash Industry

By Kristy Angerstien | Supervisor, Tax When thinking an industry where independent owners and not chains manage 90% of the facilities, do car washes come to mind? It’s a fact – car wash businesses are growing at a rapid pace and have maintained independence throughout. Let’s explore the growth owners are experiencing and how Apple …

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Understanding the Expense Deduction Changes in Real Estate

Effective January 1, 2018, your interest expense deduction may be limited. But why would any administration want to hinder that process? After all, taking out a loan to start a business, or help grow your existing business, is crucial for anyone chasing the “American dream”.  To help mitigate the outrage amongst taxpayers, legislators wrote in …

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