by Doug Kook | Jan 18, 2019 | Small Business, Tax
This year, the optional standard mileage rate used to calculate the deductible costs of operating an automobile for business increased by 3.5 cents, to the highest level since 2008. As a result, you might be able to claim a larger deduction for vehicle-related expense...
by Sheri Hart | Apr 24, 2018 | Community, Financial Planning, Non-Profit, Seminars & Presentations, Small Business, Tax
Bumpers & Company’s own Douglas S. Kook, CPA, CVA will be one of the presenters at the upcoming “Big IDEas for Your Business” Conference on May, 10th at the Sheraton Wilmington South. The Delaware Society of CPAs has designed this one-day...
by Doug Kook | Sep 25, 2017 | Financial Planning, Non-Profit, Small Business
Is your bottom line not quite what you’d like it to be? Consider a plan to cut expenses. Begin by running a 5-year analysis on your expenses to determine which accounts have increased the most. Then dive into the details and see which vendors have increased prices at...