
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…
One of the biggest concerns for business owners is succession planning — transferring ownership and control of the company to the next generation. Often, the…
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).…
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…
Background: On June 21, 2018, the Supreme Court of the United States issued a landmark opinion related to sales and use tax in the case…
Despite the ever-increasing costs of payroll taxes, health care, and retirement benefits there are opportunities to decrease labor costs, increase the bottom line, and attract…
The Tax Cuts and Jobs Act (TCJA) liberalizes the eligibility requirements for certain accounting methods that are generally easier to use and more flexible. As…
On April 1, 2019, New York State Legislators approved their 2020 fiscal year budget, which included several provisions that will adversely affect New York companies,…
The Tax Cuts and Jobs Act (TCJA) has changed the landscape for business taxpayers. That’s because the law introduced a flat 21% federal income tax…
When businesses are defrauded, courts can — and in some states must — order restitution. But it isn’t always easy for judges to decide how…
Is your business hiring this summer? If the employees come from certain “targeted groups,” you may be eligible for the Work Opportunity Tax Credit (WOTC).…