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Profitability

7 Ways To Save Even More Income Taxes

July 1, 2015

Did you know you can use your previously funded IRA to fund the current year’s deductible contributions? Well, you can. If you don’t have enough cash to make a deductible contribution to your IRA by April 15th (2015), here is how you can still take the tax deduction for tax year 2014. To get started, […]

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Using Mobile Apps with QuickBooks

July 1, 2015

In days gone by, running a company was a 40-hour per week proposition. You might have taken work home some evenings or gone into the office on weekends. Those days are over, thanks to the internet and mobile technology. This fundamental change in the way we do business means that it’s now hard to get […]

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Travel & Entertainment: Maximizing Tax Benefits

July 1, 2015

Tax law allows you to deduct two types of travel expenses related to your business, local and what the IRS calls “away from home.” First, local travel expenses. You can deduct local transportation expenses incurred for business purposes such as the cost of getting from one location to another via public transportation, rental car, or […]

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Pomp and Circumstance

June 24, 2015

June is Graduation Season, and odds are good that you’ve spent some time seated on a cheap folding chair or arena bleacher watching someone proceed down an aisle in an expensive cap and gown. Commencement speakers will thank the faculty, staff, and parents who made it all possible. But how many of them thank the […]

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Who Won the Most at the French Open?

June 22, 2015

For two weeks every spring, the tennis world focuses its attention on Roland Garros, the Parisian center that hosts the French Open. This year, fans yawned as the dominant Serena Williams cruised to her 20th career major title in the 2015 French Open, defeating the 13th-ranked Czech Lucie Safarova. On the men’s side, fans saw […]

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Bet They Didn’t Think About This

June 11, 2015

  Matthew Person, CPA David Huff, CPA, PFS, MS Todd Wilson, CPA Person Huff CPA Group 3200 Lake Villa DriveMetairie, LA 70002 (504) 780-8299 Fax 1-800-799-1292 www.personhuffcpa.com Bet They Didn’t Think About This Last week, a New York judge issued writs of habeas corpus on behalf of two chimpanzees named Hercules and Leo, currently living […]

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Blockbuster Taxes

May 28, 2015

  Matthew Person, CPA David Huff, CPA, PFS, MS Todd Wilson, CPA Person Huff CPA Group 3200 Lake Villa DriveMetairie, LA 70002 (504) 780-8299 Fax 1-800-799-1292 www.personhuffcpa.com Blockbuster Taxes Memorial Day came early this year, and that means we get more time with our summer whites! (Of course, summer doesn’t “officially” start until June 21, […]

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The Original Tax Shelter

May 18, 2015

 New York City is the indisputable hub of American capitalism. Its glittering streets are home to the worlds of finance, advertising, fashion, publishing, and even organized crime. The island of Manhattan is home to some of the richest people on the planet, and they own some of its priciest real estate in the world. You […]

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Guaranteed Loser

April 24, 2015

 You’ve bought a lottery ticket or two in your time, right? The Powerball jackpot hits a kajillion dollars, and you realize you really can’t win if you don’t play. So you buy a ticket or two just to nurse that fantasy of champagne wishes and caviar dreams. Forget the reality that most lottery players never […]

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