6.7.19
Cybersecurity Essentials for the Everyday World (Part 2)
In our previous article, we spent some time reviewing some security basics specific to monitoring of our bank and credit card accounts, and best practices…
6.6.19
Construction Companies: How to Avoid IRS Problems from Using Independent Contractors
Chances are, your construction company hires subcontractors, rather than employees, to perform some of the work. These arrangements obviously save your company a lot of time,…
6.6.19
Don’t Put Off Creating a Well-Crafted Buy-Sell Agreement
The thought of creating a buy-sell agreement may strike a certain amount of trepidation into the hearts of some contractors. The mere suggestion of ownership…
6.6.19
Employers: Be Aware (Or Beware) of a Harsh Payroll Tax Penalty
If federal income tax and employment taxes (including Social Security) are withheld from employees’ paychecks and not handed over to the IRS, a harsh penalty…
6.6.19
Fraud du Jour: Social Security Phone Scams
Despite the National Do Not Call registry and features such as caller ID, phone fraud is thriving in the mobile phone era. Using spoofed numbers…
6.6.19
Ensuring Your Long-Term Care Policy Is Tax-Qualified
A long-term care insurance policy supplements your traditional health insurance by covering services that assist you or a loved one with one or more activities…
6.6.19
Vacation Homes: Do You Understand the Tax Breaks and Nuances?
Owning a vacation home can offer tax breaks, but they may differ from those associated with a primary residence. The key is whether a vacation…
6.6.19
Consider the Tax Advantages of Qualified Small Business Stock
While the Tax Cuts and Jobs Act (TCJA) reduced most ordinary-income tax rates for individuals, it didn’t change long-term capital gains rates. They remain at…
6.6.19
TCJA Inspires Many Business Owners to Reconsider Entity Choice
For tax years beginning in 2018 and beyond, the Tax Cuts and Jobs Act (TCJA) created a flat 21% federal income tax rate for C…
5.31.19
IRS Wheels Out Additional Guidance on Company Cars
The IRS has updated the inflation-adjusted “luxury automobile” limits on certain deductions taxpayers can take for passenger automobiles — including light trucks and vans —…