8.27.20
Rolling Over Capital Gains Into a Qualified Opportunity Fund
If you’re selling a business interest, real estate or other highly appreciated property, you could get hit with a substantial capital gains tax bill. One…
8.27.20
Taking Distributions From Your Traditional IRA
Like many people, you may have worked hard to accumulate a nest egg in your traditional IRA. Knowing the finer points of the distribution rules…
8.25.20
Is Your Portfolio Ready for a REIT?
The stock market’s roller coaster ride this year, spurred largely by the COVID-19 crisis, has many people craving stability. If volatility makes you nervous, it’s…
8.25.20
Risks vs. Benefits of Life Insurance Loans
Because of the economic downturn triggered by the COVID-19 crisis, many people have found themselves in need of cash to pay unexpected medical bills, mortgage…
8.24.20
Journal Entries May Signal Financial Statement Fraud
With a median loss of $954,000, financial statement fraud is the costliest type of white-collar crime, according to the Association of Certified Fraud Examiners. Fortunately,…
8.21.20
Three Steps to Investigate Fraud
Theft sometimes happens from inside an organization. When a business owner suspects that an employee is stealing assets or manipulating financial results, it’s time to…
8.12.20
Unmasking Fraud During This Economic Downturn
Fraud tends to flourish during periods of prosperity. The reason is simple: When companies experience fast-growing revenues and rising net profits, they may lack a…
8.4.20
The Case for a Cashless Society
How many times have you been ready to make a purchase where the merchant has told you, “Sorry, cash only!”? Have you heard yourself replying,…
8.4.20
The President’s Action to Defer Payroll Taxes: What Does It Mean for Your Business?
On August 8, President Trump signed four executive actions, including a Presidential Memorandum to defer the employee’s portion of Social Security taxes for some people.…
8.3.20
Supreme Court to Rule on Constitutionality of the Affordable Care Act – Should You File a Refund Claim?
Taxpayers need to be aware of a potential refund claim opportunity that is time sensitive. Taxpayers subject to the Net Investment Income Tax (NIIT) and…