Tax Cat-Business Expenses

Special Guest

Evonne M. Kautz, EA

‘The Tax Cat’

joins The Housing Hour continue our discussion on how the new tax laws will affect businesses.

This week we discuss:

• W2 Wage Earners Paid on Commissions
• 2106 Schedule A
• Business Expenses Deductibility
• 1099 Commission Paid Individuals
• QBID New Deduction 20% on -income qualified business income deduction-(based on guidelines)
• Forming an S-Corp/C-Corp/LLC/Partnership

PDF Handouts:

• National Association of Realtors Issue Brief on the New Tax Reform (including info & examples of the QBID deduction for 2018)
• Deductibility of Transportation Expenses (3 pages from my Tax Bible, includes the chart I mentioned and helpful info on all subjects involving these expenses)

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Listen to Part I

Evonne M. Kautz shares her 10 years experience including  Income Tax Return Preparation (Personal, Corporate, Non-Profit, State, and Amendments), Tax Planning, and Representation of Clients before the Internal Revenue Service.  Also, Small Business Services encompassing Bookkeeping, Payroll, State Taxation, Business Planning, and Notary Services.

The Tax Cat: Evonne Kautz

Find 5-Star Holdings, Inc on FaceBook

Educational Foundation

An additional part of 5-Star is its education program to teach taxpayers the basics of tax and the importance of tax planning.  Specifically for the military, Evonne travels to bases and units to teach these fundamentals with a focus on tax savings for service members. In the civilian community, she has shared tax tips for real estate agents and rental property owners, and even a class for college-bound students and parents about paying for/tax savings for the college years.

Evonne M. Kautz:

Evonne has been practicing in the tax field for 10 years in the Knoxville area, specializing in military and small business.  She holds the EA designation, an abbreviation for Enrolled Agent, earning the privilege of representing taxpayers before the Internal Revenue Service. Enrolled agent status is the highest credential the IRS awards and authorizes unlimited practice rights in tax matters such as audit, appeals, and collections.

Special Thanks:

Robert Carter

Big Thank You to MIG’s very own Robert Carter for connecting ‘The Tax Cat’ with The Housing Hour.

Apply Online @ CloseWithCarter.Com “Turning Contracts Into Closings.”

Tagged as: 1099 Commission Paid Individuals,  2106 Schedule A,  Business Expenses Deductibility,  Evonne M. Kautz,  QBID New Deduction,  Tax Return Preparation,  W2 Wage Earners Paid on Commissions.