• Boat Deduction

Can I deduct my boat?

May 10th, 2022|

Boating season is here and a question we get all the time is “can I deduct my boat? You might [...]

Is it really the IRS?

January 12th, 2022|

Scam artists often pretend to be the IRS. The scammers impersonate the IRS to either intimidate someone into sending them [...]

The new 100% deductible meals expense

May 26th, 2021|

Included within the Consolidated Appropriations Act, 2021, (CAA) was one important change, the temporary 100% meal deduction. Starting on January [...]

Can I discard old tax records?

January 29th, 2021|

We get this question all the time at ClarkSilva, and for good reason. It’s tempting to toss old tax returns [...]

Changes to 1099 Forms for 2020

December 21st, 2020|

Many small businesses and self-employed individuals are familiar with Form 1099-MISC. Starting in 2020, the Internal Revenue Service has split [...]