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Drive Down Your Business Taxes with Local Transportation Cost Deductions

RogerRossmeisl

Understanding how to deduct transportation costs could significantly reduce the tax burden on your small business. You and your employees likely incur various local transportation expenses each year, and they have tax implications. Lets start by defining local transportation.

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Maximizing Employee Transportation Fringe Benefits

RogerRossmeisl

There are some nice tax breaks for transportation-related employee fringe benefits. Heres a quick summary of the current federal tax treatment of transportation-related benefits. That way, The post Maximizing Employee Transportation Fringe Benefits appeared first on Roger Rossmeisl, CPA.

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Know the Risks Before Outsourcing Business to Contractors

RogerRossmeisl

2 scenarios Consider the following example: A company employs an overseas trucking company to transport goods from a port to a customers warehouse. The post Know the Risks Before Outsourcing Business to Contractors appeared first on Roger Rossmeisl, CPA. This action subjects the company that hired the contractor to bribery and.

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How Startups Can (and Should) Leverage Economic Development Corporations Without Losing Their Edge

Shay CPA

Potential Pilot Programs with Public Agencies Public-Private Pilots: EDCs often act as a liaison to city agencies, opening avenues for pilot programsespecially for startups that address urban needs like transportation, infrastructure, or public health. High-Impact Projects: If youre developing a solution that aligns with city priorities (e.g.,

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AUP Inspections and the NYS Film Tax Credit Program

Withum

There are also 5-10% credit increases that can be obtained by incurring expenditures outside of the Metropolitan Commuter Transportation District (MCTD). An AUP inspection is performed by a pre-qualified CPA firm and is submitted along with the final tax credit application upon completion of the production/project.

Tax
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Professionals on the Move – July 2025

CPA Practice

Before joining Grant Thornton, Surett served as CFO of Transportation Equipment Network, the largest full-service trailer leasing company in North America, where he significantly improved operational efficiency and scalability. Thanks for reading CPA Practice Advisor! He is admitted to the New York State Bar and the U.S. Supreme Court.

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Top Remote Tax and Accounting Candidates of the Week | June 5, 2025

Going Concern

Whether you’re looking for talent in tax, audit, accounting, or project-based roles, we’ve got candidates worth your time.