7.17.19
It’s a Good Time to Buy Business Equipment and Other Depreciable Property
There’s good news about the Section 179 depreciation deduction for business property. The election has long provided a tax windfall to businesses, enabling them to…
7.17.19
Current and Proposed Overtime Pay Exemption Rules
The Fair Labor Standards Act (FLSA) requires that most employees be paid overtime pay at time and one-half the regular rate of pay for all…
7.11.19
The Greatest Corporate Espionage Risk Is Internal
It’s a federal crime to steal trade secrets, but that doesn’t stop thieves from successfully making off with billions of dollars in intellectual property (IP)…
7.11.19
IRS Audits During M&A Transactions
If you’re considering buying or selling a business — or you’re in the process of a merger or acquisition — it’s important that both parties…
7.11.19
Bartering is a Taxable Transaction Even If Your Business Exchanges No Cash
Small businesses may find it beneficial to barter for goods and services instead of paying cash for them. If your business engages in bartering, be…
7.11.19
Fraud Guides May Help Criminals Hack Your Data
Fraud experts have long known that “dark web” sites provide information, support and illicit goods to hackers and other criminals. But security company Terbium Labs…
7.8.19
Do You Know the Current Value of Your Business
Do you know the current value of your business? Even if you’re not considering selling your company or otherwise transferring its ownership right now, it…
7.8.19
Could a Family Limited Partnership Help Your Business Succession Plan?
One of the biggest concerns for business owners is succession planning — transferring ownership and control of the company to the next generation. Often, the…
7.8.19
No Surprises: Why You Should Check Your Tax Bracket
Many taxpayers learned some tough lessons upon completing their 2018 tax returns regarding the changes brought forth by the Tax Cuts and Jobs Act (TCJA).…
7.8.19
Estate Planning Portability Provision Lives on Under the TCJA
When the TCJA was passed, the big estate planning news was that the federal gift and estate tax exclusion doubled from $5 million to an…