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Vrakas CPAs, Here Are Your Articles for Wednesday, August 25, 2021
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Welcome to Team Vrakas!

We are excited to welcome our three newest hires - Bob Freese (Tax Principal), Nicole Rice (Audit Manager), and Sarah Curtis (Small Business Accounting Intern). 

Form 1099-MISC and 1099-NEC Seminar

LAST CHANCE TO REGISTER! Vrakas is holding a Form 1099-MISC and Form 1099-NEC Seminar on Tuesday, December 7th.

Do You Have a Hobby or a Business?

Have a hobby that's also a source of income? The line between business and hobby can be a thin one, and the rules are complex. Click through for some insights that will help you make sure that you're in compliance and that you're not missing any allowable deductions.

Business Deductions: A Quick Review

You have lots of expenses when running a business. Are any of them deductible? To begin with, a deductible business expense must be both ordinary and necessary.

What Makes a Successful Bonus Program?

Bonuses are one of the best ways to motivate employees. But to actually work, a bonus program must be thoughtfully designed. Click through to learn about characteristics of an effective program.

Local Entertainment And Events Calendar: Including Virtual Events

You'll always know where the fun's going on with our interactive local events calendar featuring social sharing, images, videos and ticket links. Click through to see what's happening or to add your own local events.

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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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