McCullough Rossi & Company, Ltd. Newsletter for [date]
Lisa, Here Are Your Articles for Wednesday, January 23, 2019
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New Standard Mileage Rates For 2019

The Internal Revenue Service has issued the 2019 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

The new revenue recognition standard in plain English

By now, you likely know that there is a new revenue recognition standard that will soon be effective. And you’ve probably heard warnings of the “many implications,” “changing business model,” or “full transformation” that will be required in order to be compliant in time.

So what are the basics that you need to know about the standard? Let’s take a look at them, starting with step No. 1 of its five-step process.

Is This Your Situation: Your QuickBooks Files Are Too Big and Slow

Are you working in a QuickBooks file that includes data for nearly 20 years? Are you holding onto data longer than necessary? Click through to learn how to simplify your data management.

Property Taxes: How Are They Calculated?

Understanding how property taxes are calculated is critical to making sure the appropriate rate is charged. Click through to determine whether you're paying the lowest taxes possible and maximizing your returns.

Opportunity Zones: Doing Well By Doing Good

An opportunity zone, located in an economically distressed community, spurs investments via preferred tax treatment. Click through for an introduction to the specific conditions for this useful but complicated provision.

Noncompete Agreements: What's the Deal?

Noncompete agreements are designed to keep confidential business information safe, and in this infotech world, that's essential. Click through to find out exactly what these entail and what they mean for someone's future employment prospects.

De-stressing After Work! 13 Tips to Help You Unwind

When you get home from work, does it take several hours for you to unwind? If you are having trouble sleeping or getting up in the morning, it could be stress related. Click through for 13 tips to help you de-stress after work.

Local Entertainment And Events Calendar

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.

McCullough Rossi & Company, Ltd.
McCullough Rossi & Company, Ltd.
Trusted Accountants. Confident Advisors.
2300 Barrington Road, Suite 260
Hoffman Estates, IL 60169-2034
Office: (847) 843-3919
info@mrcltd.com
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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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