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Business Best Practices Archives - Delap CPA


20 Apr

Six Tax Tips for Oregon Short-term Rental Owners

April 20, 2017 | By | No Comments

1. Keep records, keep records, keep records For most people, their short-term rental is a side project. It’s a way to make a little extra money. The IRS, however, sees it as a business and you should be treating it like one. Keep records of who stayed and for how long, as well as payouts […]

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06 Apr

Understanding Internet Privacy

With the inevitable rise in chatter regarding the recent rollback of FCC privacy rules related to internet service providers (ISPs) handling of consumer data, it’s crucial to understand the role privacy plays in our own lives. To read the original FCC ruling and the Congressional joint resolution signed by the President on April 3rd, 2017, […]

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09 Mar

Verify Before You Trust: Implementing A Validation Policy For Your Company

It’s that time of year again; fraudsters are out in droves looking for ways to obtain data about you and your employees in order to cash in on filing fraudulent tax returns! So what are a few steps you can take as an employer to reduce the risk of unknowingly providing fraudsters with the very […]

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02 Mar

C Corporation to S Corporation: Why the Hype?

March 2, 2017 | By | No Comments

If you are the owner of a closely held C corporation, chances are your accountant has mentioned something to you about converting to S corporation status. Maybe you listened; maybe you didn’t. So, why does your accountant keep talking about S corporations anyway? Appreciated assets Today, chances are slim that any real estate is still […]

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23 Feb

Quantifying Risk: The Reality of Cyber Threats

Have you heard the Steve Martin quote “Be so good they can’t ignore you”? The outcome of following this advice is typically positive for society. But unfortunately, our cyber adversaries have also tackled this quest and through rapid advancements, ultimately pose a greater and more constant threat to business and consumers alike, a threat which […]

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