Tax-Related Identity Theft: Protecting Your Info and Identifying Scams

Tax season provides identity thieves and scammers with a brand-new opportunity to take advantage of people every year. With the large amount of personal financial information being used for tax filings, stealing someone’s identity gets a little easier for thieves, and scamming people is simpler when they’re already expecting to...

How to Claim a Business Deduction for the Miles You Drive

As a business owner, you know that success doesn’t happen by shutting yourself into an office and going nowhere. You have to get out and meet with customers, network with other business owners, and be the face of your business. And a lot of times, that means putting plenty of...

What Can You Claim as a Charitable Contribution?

Many of our clients at Biesinger & Kofford CPAs make charitable contributions throughout the year, and wish to claim it as a tax deduction. But not every charitable contribution qualifies for such a deduction, and the exact rules surrounding this element of tax law often confuses many of our clients....

Why You Should Consider Registering as an S-Corp

If you’re like most small-business owners, you’re probably operating your company under the designation of a single-member LLC or partnership—and you’re probably doing it without much thought regarding your other options. But at Biesinger & Kofford CPAs, our Provo business accountants often recommend that business owners register their companies as...

Changes to Business Tax Deductions: Meals and Entertainment

The recent changes to tax law come with a number of differences in business tax deductions. While these changes don’t apply to your current tax return, it’s important to know about these changes in tax law early on, so that you can make smarter financial decisions for your company. One...