Kostecke CPA

Archive for August, 2014

Are business gifts and awards deductibleMany entrepreneurs and small businesses are not aware of the tax implications of gifts given to employees, customers and business associates or awards given to employees. There are some specific limits and rules around gifts and awards that you should understand. First, you can deduct gifts to customers, clients and business associates, but you are limited to $25 Read more


Business PlanningThe 70thanniversary of the D-Day invasion, a huge military operation which changed the course of World War II, was being discussed on the radio the other day, and I heard this great quote by Dwight D. Eisenhower : Plans are worthless, but planning is essential.

I wondered how Eisenhower Read more