R.J. Augustine & Associates, Ltd., CPAs

New FinCEN Filings Go into Effect on January 1 For existing businesses, the Corporate Transparency Act (CTA) goes into effect on January...

Ordinarily, you must pay a 10% penalty when you withdraw your money from an IRA or other retirement account before you reach age 59 1/2....

Congratulations to our President and Founder, Richard Augustine, for receiving the 2022 Humanitarian Award! This award is a testament to...

Are you thinking about starting a new business? If so, congratulations. We know it can, and probably will, be an exciting ride. But like...

As you know, we try to find multiple ways for you to legally deduct 100% of your business meal expenses versus the typical 50% Now,...

As your business partner, R.J. Augustine is constantly monitoring the evolving situation of Covid-19. Governor Pritzker issued a Shelter...

What's the difference between a Roth IRA and a Traditional IRA? Did you know that you can receive tax deductions off business meals?...

Here's good news for business meals: the Tax Cuts and Jobs Act (TCJA) removed the "directly related and associated with" requirements...

When possible, you want to claim that your office in your home qualifies as a principal place of business, because this classification...

Suppose that, during May 2017, you buy a new $50,000 SUV that qualifies for both Section 179 expensing and bonus depreciation. You drive...

Estimated tax tip savings. Pay your child $8,000, for example, to work in your LLC or sole proprietorship and you could save $3,042. Your...