Tax law can be complex and evolving. At Marek CPA & Associates, we aim to keep you and your business operational and in compliance with federal and state laws and regulations. Virginia recently enacted changes to state tax law including revisions to payment plans, rolling conformity, and firearm safety tax credits. Read on to learn more about these legislative updates.
Read MoreDid some of the changes created by the Tax Cuts and Jobs Act (TCJA) catch you by surprise? Did you learn after you filed your business's tax returns that you missed out on several important deductions? Or have you recently started a new business and realized as you prepared your 2019 tax returns that you were woefully ill prepared? If you answered yes to any of these questions, the time to prepare for next year's tax season is now.
Read MoreThere are a number of advantages of running a business from your home. You may be eligible to deduct from your taxes some of the expenses for the business use of your house. This is true whether your own or rent your home. Read on to learn more about optimizing your home business tax strategy.
Read MoreWill 2019 be the year when you take control of your financial present and future? If you are like so many others, you've probably been winging your finances and hoping for the best. But if you're finally ready to grab ahold of the reins rather than simply going along for the ride, it may be time to hire a CPA firm. Here are the top 6 reasons why you should hire a CPA starting this tax year.
Read MoreCorporation, limited liability company (LLC) OR sole proprietorship -- each of these structures offer your business different advantage and disadvantages. Which one is best for your business?
Read MoreChoosing an accounting firm to help you with your personal or business needs requires careful consideration. The right accounting professional could potentially save you thousands of dollars in tax deductions and could also help you plan for your business' financial future.
Read MoreIf you saw a $100 bill lying on the sidewalk, would you walk by without picking it up? Probably not. Yet, every year, you probably skip past a number of tax deductions and credits that could potentially save you hundreds, possibly even thousands of dollars.
Read MoreIf you’ve ever started a business you know how burdensome accounting can be. Here is a roundup of accounting tips and best practices to help your new business succeed.
Read MoreIt's no secret the Marek family loves the NHL Washington Capitals. Wait until you see their fantastic Washington Capitals themed photoshoot.
Read MoreWe’ve compiled a list recommendations from top financial planners across America. Read on to learn how you can plan for your children’s education.
Read MoreVirginia taxpayers should prepare for increases in their state income tax liability come 2019. Learn how the new tax code will effect your family and learn what you can do to prepare.
Read MoreHow will changes in the approaching Accounting Standards effect your business? Patrick Marek, CPA breaks down the changes and what to expect this year.
Read MoreThe 2017 tax filing season is behind us and now is the time to plan for the 2018 tax season. The Tax Cuts & Jobs Act drastically changed the American tax code. Learn what changes were made and what you need to know to maximize your tax benefit in 2018.
Read MoreNew legislation is proposed and will have a drastic impact on the US tax code. Here is what you need to know about the proposed changes.
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