Kimpton & Co. is located in beautiful North Idaho, a few miles from Lake Coeur d'Alene. This is truly God's country! We have been in business since 1998 offering accounting services, small business consulting, tax planning and preparation and QuickBooks support. Our clients include contractors, mechanics, advertising companies, retail, trucking, appraisers, technology, medical, service and many others.Kevin has over twenty years of experience as a CPA and gives personal attention to all activities in the firm.
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Kimpton & Co. is a full-service accounting firm serving clients throughout the Post Falls, Idaho area, dedicated to providing our clients with professional, personalized services and guidance in a wide range of financial and business needs. On this website, you will find information about Kimpton & Co., including our list of services.
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.
Although the process is complex and frustrating, raising capital is the most basic of all business activities. When looking for financing, there are various sources to consider. For most new businesses, the main source of capital comes from savings and other forms of personal resources. There are better options available than credit cards that are often used for financing, even a small business loan.
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Bill Reichert
Apr 08, 2020
Tj Kastning
Aug 31, 2017
Jim Mader
Jan 18, 2012
