Author archives: Gwen DiMeo

June 3 , 2015 | Posted by Gwen DiMeo |

Over The Edge for Elders

Susie Lame and Episcopal Retirement Homes are Taking a Leap For Affordable Living Communities

Susie Lame isn’t afraid of heights. Well, at a minimum she’s less afraid of heights than she is passionate about her latest project. As the newest board member at Episcopal Retirement Homes (ERH), Lame is chairing an event to raise money…

October 24 , 2014 | Posted by Gwen DiMeo |

Is that Hamburger Tax Deductible?

Knowing when and how much meals and entertainment expenses can be deducted is often confusing for business owners.

Generally, business related meals and entertainment expenses for entertaining a client, customer, or employee are deductible in full or in part, if the expense is ordinary and necessary and is either directly related or associated with the…

November 12 , 2013 | Posted by Gwen DiMeo |

IRS Eases Rules for Flexible Spending Plans

The IRS announced an easing in the use it or lose it rules for flexible spending accounts. The new rules allow flexible spending plans to allow employees to carry over up to $500 from one year to the following year without forfeiture.  This change means that workers won’t have to hurry to clean out their…

June 20 , 2012 | Posted by Gwen DiMeo |

Fresh Start – Texas Amnesty Program

The Texas Comptroller has announced a tax amnesty program under which business can file missing or correct understated reports without penalty or interest.  The amnesty program runs from June 12 until August 17, 2012.

The amnesty covers state and local taxes, franchise taxes, sales taxes and fees from the Comptroller’s office originally due before April…

October 12 , 2011 | Posted by Gwen DiMeo |

Get an Early Start on Planning

As we rapidly approach the end of the year, it is impossible to over emphasize the importance of tax planning.  Taxpayers are always looking for savings opportunities during March and April, but many opportunities for tax reduction rely on planning and strategy throughout the year.  With the year already more than half over, time is…