8.10.18
Cash Method of Accounting Under the Tax Cuts and Jobs Act of 2017
The Tax Cuts and Jobs Act of 2017 (“TCJA”), signed into law on December 22, 2017, brought significant changes and tax reform, amending the Internal…
8.9.18
Take Note of the Distinctive Features of Roth IRAs
For some people, Roth IRAs can offer income and estate tax benefits that are preferable to those offered by traditional IRAs. However, it’s important to…
8.8.18
IRS Issues Guidance on New Bonus Depreciation Rules
The Tax Cuts and Jobs Act (TCJA) significantly expands bonus depreciation under Section 168(k) of the Internal Revenue Code for both regular tax and alternative…
7.18.18
Why Do You Own Your Building? Monetize Your Real Estate
Many business owners also act as their own landlords. While owning one’s real estate can provide a sense of comfort, business owners are frequently at…
7.11.18
2 Tax Law Changes That May Affect Your Business’s 401(k) Plan
When you think about recent tax law changes and your business, you’re probably thinking about the new 20% pass-through deduction for qualified business income or…
7.9.18
A Fresh Look at Revenue Management for the Manufacturing Industry
The survey “The New World of Revenue Management,” conducted by the Institute of Management Accountants and cloud enterprise resource planning (ERP) provider FinancialForce, has been making waves across…
7.8.18
Tax Planning for Small Contractors Under the Tax Cuts and Jobs Act
The Tax Cuts and Jobs Act (the “Act”) was passed by the House and Senate and signed by the President in December of 2017 with…
7.7.18
ESOPs Offer Businesses Tax and Other Benefits
Wouldn’t it be great if your employees worked as if they owned the company? An employee stock ownership plan (ESOP) could make that a reality.…
7.6.18
Tax Deductions and Construction: What Can Be Written Off?
Construction companies often have to deal with large expenses, either for materials, tools, the use of vehicles or any potential business costs they may need…
7.5.18
Don’t Let the Kiddie Tax Play Costly Games with You
It’s not uncommon for parents, grandparents and others to make financial gifts to minors and young adults. Perhaps you want to transfer some appreciated stock…