Our Blog

Selecting a Legal Entity: A Brief Guide for the Business Person

Posted by Jack Craven on Wed , Aug 13 , 2014

I am frequently asked the question, "What kind of legal entity should I use for my business?" In this article, we discuss several different options available when opening a business. This decision will have a significant impact on the way you are protected under the law, and the way you are affected by income tax rules and regulations. 

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Topics: CPA, Jack Craven, legal entity

How do I tell how much my business is worth?

Posted by Jack Craven on Mon , Jul 21 , 2014

Recently, the media website mediaShephard.com asked me to write an article about the frequently asked question, “How much is my business worth?” As a member of the  mediaShephard’s Panel of Experts, I offered the following thoughts on how to determine your  business' valuation.  

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Topics: Jack Craven, CPA, Media CPA, business worth, business evaluation, Ebita

Manage Your 2014 Tax Bill by Knowing Medicare Surtaxes

Posted by Jack Craven on Mon , Jul 21 , 2014

We’re now in our second year of the new Medicare surtaxes. If these surtaxes affect you, we will help you develop a tax plan to take them into account and keep them to a minimum.

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Topics: Jack Craven, CPA, Media CPA, medicare surtaxes

Marriage: Tax Penalty or Bonus

Posted by Jack Craven on Mon , Jul 21 , 2014

Summertime is the traditional season for weddings. If you’re planning a wedding this summer, you should take a look at how marriage could affect your tax bill.

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Topics: Jack Craven, CPA, Media CPA, personal income taxes, Marriage tax penalty, marriage tax bonus

Combine business, pleasure and tax breaks on summer trips!

Posted by Jack Craven on Wed , May 21 , 2014

Summer is almost here and I have begun thinking about my summer vacation. Should we go to the beach, the mountains or the west coast? 

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Topics: Jack Craven, CPA, Media CPA, tax, accounting, accountant, summer trip, tax break, Jack Craven, business, john craven, john f. craven cpa llc, business trip

Watch Jack Craven on AriseTV !

Posted by Jack Craven on Wed , Mar 19 , 2014

Start-up New York is a program that offers tax-free incentives to start up companies in New York State.  Jack Craven has been interviewed on AriseTV's business news show  Xchange to discuss this program. 

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Topics: Jack Craven, CPA, Media CPA, Startups, Startup-NY, Start up, NY incentives, Startup-NY, #startup, tax, Tax-free, Arise Xchange

Meet our Interns

Posted by Jack Craven on Fri , Feb 28 , 2014

We are pleased to announce the hiring of 3 interns:

Nicole Garlick is a marketing intern.Nicole is a  senior majoring in marketing at St. John’s University, Staten Island where she plans to pursue an MBA. Nicole is President of the  Student Government at St. John’s where she manages 7 standing committees and 2 ad-hoc committees. She came to St. John’s from Kennewick, Washington where her family resides.

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Topics: CPA, meet our interns, staff, marketing, accounting

Lower Your Income Taxes Part II

Posted by Jack Craven on Wed , Aug 07 , 2013

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Topics: CPA, Income tax planning

Selling Your Business

Posted by Jack Craven on Fri , Jul 19 , 2013

Selling your business can be an emotional and life-changing event. On the “big day” of sale, hopefully, you may realize a once in a lifetime payoff. It could be that you have spent years building the business. Alternatively, your business could be a relatively new growing interactive business that you are cashing out.

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Topics: CPA, Mergers and acquisitions, transaction advice

10 Tax Moves to Consider Before Year end

Posted by Jack Craven on Fri , Dec 14 , 2012

Hear those holiday bells? Soon they’ll be ringing in the new year. But before the clock strikes 2013, you have opportunities to reduce your 2012 federal income tax bill.

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Topics: Jack Craven, CPA, Media CPA