Welcome to The Brass Tacks, the YouTube channel presented by Mel Sams, Managing Associate at Sams  IV, CPA, P.A. In these videos, Mel seeks to answer some of today's biggest financial questions and challenges while guiding you through the solution.

Video Podcasts

Deductible Business Expenses

Welcome to The Brass Tacks, the YouTube channel presented by Mel Sams, Managing Associate at Sams IV, CPA, P.A. In these videos, Mel seeks to answer some of today's biggest financial questions and challenges while guiding you through the solution.

Filing an Extension

Welcome to The Brass Tacks, the YouTube channel presented by Mel Sams, Managing Associate at Sams IV, CPA, P.A. In these videos, Mel seeks to answer some of today's biggest financial questions and challenges while guiding you through the solution.

Filing an Amended Tax Return

Welcome to The Brass Tacks, the YouTube channel presented by Mel Sams, Managing Associate at Sams IV, CPA, P.A. In these videos, Mel seeks to answer some of today's biggest financial questions and challenges while guiding you through the solution.

Payroll Service Providers

Welcome to The Brass Tacks, the YouTube channel presented by Mel Sams, Managing Associate at Sams IV, CPA, P.A. In these videos, Mel seeks to answer some of today's biggest financial questions and challenges while guiding you through the solution.

Tax on Internet Sales

Welcome to The Brass Tacks, the YouTube channel presented by Mel Sams, Managing Associate at Sams IV, CPA, P.A. In these videos, Mel seeks to answer some of today's biggest financial questions and challenges while guiding you through the solution.

Tax Season is Never Over

You may think that since the April tax deadline has passed, we can coast through the year. Nothing is further from the truth. This is the perfect time to look at the new tax laws and plan how we can leverage the coming months for your tax benefit.

Corporate Tax Classifications

Choosing the right corporate tax classification for your business is a fundamental way of minimizing your tax burden. In this video, Mel discusses how recent changes in IRS Corporate Tax Classifications may affect your bottom line.

Shopping for a CPA Based on Price

As we've discussed before, choosing a Certified Public Accountant is vital to assuring your financial health. While choosing one based on price may seem like a prudent decision, you may end up getting less than you bargained for. In this video, Mel describes what to look for when hiring a CPA.

Buying a Business

If owning your own business is your dream, you may want to consider forming a team of professionals before you venture down this path. While you may have a solid vision for your new business, the pitfalls you could encounter are not always visible. In this video, Mel demonstrates how a team of experienced professionals looking out for your best interest will improve the chances of your business being a success.

Selling a Business

Do you have the right people on your team when you're selling your business? You may think that you can "wing it" on your own when you're ready to sell your business. Afterall, you've run it successfully so far. But selling your business is different than running your business. In this video, Mel describes the team you should have in place when you're ready to exit so you get the most from what you've built.

Decisions to Make When Starting a New Business

In this video, Mel discusses the decisions that need to be made when starting a new business and the elements of a successful small business. Mel also talks about the tax filing responsibilities you may encounter, from collecting and paying sales tax to various IRS registrations that are required depending on what you will be selling. Other topics include maintaining proper financial records and the need for a dependable payroll service.

Business Provisions of New Tax Law

Businesses in the US will have some major opportunities in the upcoming years. Some of the changes in the new Tax Law include Expanded Cost Recovery Provisions, Section 179 Depreciation and Bonus Depreciation. These can be helpful to businesses by allowing them to take an immediate tax write off when they purchase new equipment.

Tax Reform 2018

Our country just experienced a major tax reform. In this video, we'll discuss how the changes in the 2018 Tax Reform will impact you and your business. While these changes will have a major impact on your tax preparation, they bring great opportunity for you to lower your effective tax rate.

Why Hire a CPA

Previously we talked about how to hire a CPA, but today I'd like to talk to you about why to hire a CPA. I’ll explain what makes us different from all of the other options out there for tax preparation, business consulting and the like.

Do You Qualify for the Domestic Production Activities Deduction

In this video, Mel describes the advantages of a little-known tax deduction that smart Certified Public Accountants have used to save their clients’ money. Learn the ins and outs of this deduction to see if you qualify.

How to Choose the Right CPA

In this video, Mel shares a few suggestions and questions to ask when hiring a Certified Public Accountant. Learning a bit more about a CPA will help to choose one that has the knowledge and experience that fit your needs.