Jason Dinesen

/Jason Dinesen

About Jason Dinesen

This author has not yet filled in any details.
So far Jason Dinesen has created 721 blog entries.

The 4 Choices a Small Business Owner Has When Their Business is No Longer a Side Business

By | March 23rd, 2017|Categories: Editorial Commentary, Small Business Tax and Accounting|Tags: , , , |

Many of the business clients I work with are either side businesses, or side businesses that are turning into "real" businesses. I've written before about the struggle of taking a side business and turning it into something more. Today, I'm going to write about the choices a business owner has with their side business when they [...]

Allocating Estimated Payments for Taxable Refund Calculations

By | March 21st, 2017|Categories: Potpourri of Tax Topics|Tags: , |

When a taxpayer receives a refund of state income taxes, and the taxpayer took a deduction on their federal tax return, and some of the payments made to the state were estimated payments that may have been made in a different calendar year ... well, it can require some math to determine the taxable refund and the deductible portion of the estimated payment.

Glossary: Revenue Procedure

By | March 17th, 2017|Categories: Glossary|Tags: , |

In tax terms, a revenue procedure is IRS guidance on how taxpayers should comply with certain laws and regulations.

Addition By Subtraction: Reducing Your Business’s Service Area

By | March 15th, 2017|Categories: Small Business Tax and Accounting|Tags: , |

A few years ago, towards the end of the year, I got a voicemail from a frustrated business client. The profanity laced message went something like this: “I’m sick of this $hit and want to sell this f___ing business. I can’t take it any more. I want to get together to talk about closing or just [...]

Glossary: Audit Technique Guides

By | March 13th, 2017|Categories: Potpourri of Tax Topics|Tags: |

Audit Technique Guides are IRS guidebooks that give detailed insight into various industries IRS auditors may encounter.

Comments Off on Glossary: Audit Technique Guides