About Us
Kenneth Hoffman of K.R. Hoffman & Co., LLC is a highly sought after tax and business counselor. Counseling Entrepreneurs, Professionals and Select Individuals who are struggling with ever changing tax laws and who are paying too much in taxes. Contact me at krh@krhoffman.com or 954.591.8290.
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Products & Services
Kenneth Hoffman of K.R. Hoffman & Co., LLC is a highly sought after tax and business counselor. As a trusted senior advisor and counselor working c...
Recommendations Given (3)
"My firm works with Jorge and his firm to provide tax advise and counsel. Jorge is a very capable..."
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"My firm works with Jorge and his firm to provide tax advise and counsel. Jorge is a very capable accountant. He is very pleasant to work with. Any business needing an accountant, from clean-up work to ongoing accounting services, I whole heartily recommend Jorge. "
Recent Activity
Are you asking about chairtable contributions?
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Are you asking about chairtable contributions?
It depends on the entity. If it is a C corp, the C corp pays the tax. If the business is a sole proprietorship, S corp or a partnership, then the profit or loss flows to the individual, individual shareholders or the partners. Then they pay the tax at their individual rate.
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It depends on the entity. If it is a C corp, the C corp pays the tax. If the business is a sole proprietorship, S corp or a partnership, then the profit or loss flows to the individual, individual shareholders or the partners. Then they pay the tax at their individual rate.
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What ever you chose, only the first $25 is tax deductible per the Internal Revenue Code.
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What ever you chose, only the first $25 is tax deductible per the Internal Revenue Code.
I personally have never used AdWords. Do not fully understand how to use them. But I do have clients that do, and the love it.
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I personally have never used AdWords. Do not fully understand how to use them. But I do have clients that do, and the love it.
In my experience, there is no "best" accounting program. A lot depends on your personal preference, cost, type of business and how well your accountant knows the program.There is Quickbooks Desktop, Quickbooks Online, Sage, Sage One, Freshbooks.
Most programs have a free trial period. Try them...
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In my experience, there is no "best" accounting program. A lot depends on your personal preference, cost, type of business and how well your accountant knows the program.There is Quickbooks Desktop, Quickbooks Online, Sage, Sage One, Freshbooks.
Most programs have a free trial period. Try them all. If you are working with an accountant, use there program.
Be careful about accepting funds via a crowd funding source. The IRS may consider it taxable income.
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Be careful about accepting funds via a crowd funding source. The IRS may consider it taxable income.
If you go with crowd funding make sure you keep accurate records. The funding is considered income and is taxable.
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If you go with crowd funding make sure you keep accurate records. The funding is considered income and is taxable.
Hi Michael,The easiest way is to go out of business. But that is not a viable option if you lile to eat and live in something other than a cardboard box.Personally, I don't mind paying taxes, it means that I am making money.BUT, I hear your pain. The most effective way to lower your contribution...
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Hi Michael,The easiest way is to go out of business. But that is not a viable option if you lile to eat and live in something other than a cardboard box.Personally, I don't mind paying taxes, it means that I am making money.BUT, I hear your pain. The most effective way to lower your contribution to the US Treasury is by tax planning.My firm offer tax planning. I will review your last three years tax returns looking for mistakes and missed opportunities at no cost. Email me at krh@krhoffman.com and I'll set you up on my secure portal so you can send me your tax returns. I look forward to hearing from you.
Either one will do the job.What are your needs? How many employees? Do you need complicated spreadsheets? Do you use heavily formatted documents?
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Either one will do the job.What are your needs? How many employees? Do you need complicated spreadsheets? Do you use heavily formatted documents?
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I keep credit card or banking information on file. If the client does not want me to have that information, depending on the size of the client, I require a minimun of a $500 retainer.
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I keep credit card or banking information on file. If the client does not want me to have that information, depending on the size of the client, I require a minimun of a $500 retainer.
1 Reply