Spurlock Runyan Miller & Associates

Spurlock Runyan Miller & Associates, LLP provides a wide range of services to individuals and businesses in a variety of industries. At Spurlock Runyan Miller & Associates, LLP, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.

Bill is a partner providing professional services to individuals and owners of privately owned companies. He specializes in providing income tax planning, tax preparation, financial statement preparation and business and personal financial planning solutions to business owners and individuals. Bill graduated from the University of Wisconsin-Oshkosh with a Bachelor of Business Administration degree and has received his Certified Public Accountant (CPA) designation.Bill is a member of the Wisconsin Institute of CPA's (WICPA) and The American Institute of CPA's (AICPA).

Have you just started a new business? Did you know expenses incurred before a business begins operations are not allowed as current deductions? Generally, these start up costs must be amortized over a period of 180 months beginning in the month in which the business begins. However, based on the current tax provisions, you may elect to deduct up to $5,000 of business start-up and $5,000 of organizational costs paid or incurred. The $5,000 deduction is reduced by any start-up or organizational costs which exceed $50,000.

Following are some generally recognized financial planning tools that may help you reduce your tax bill. Charitable Giving - Instead of selling your appreciated long-term securities, donate the stock instead and avoid paying tax on the unrealized gain while still getting a charitable tax deduction for the full fair market value.