10.18.18
Year-End Tax Planning for Businesses in the New Tax Environment
The passage of the Tax Cuts and Jobs Act (TCJA) in late 2017 brought significant changes to the tax landscape. As the first tax season…
10.5.18
DOL Has Increased Scrutiny of Defined Benefit Plans
Sponsors of defined benefit plans — commonly known as pensions — might be facing tighter scrutiny from the U.S. Department of Labor. Just last year,…
10.4.18
Avoid Penalties by Abiding by the NQDC Tax Rules
Nonqualified deferred compensation (NQDC) plans pay executives at some time in the future for services to be currently performed. If you participate in such a…
10.3.18
Fourth Quarter Tax Due Dates for 2018
October 15 — Personal federal income tax returns that received an automatic six-month extension must be filed today and any tax, interest and penalties due must…
10.2.18
Catching up with the Home Mortgage Interest Deduction
A home is the most valuable asset many people own. So, it’s important to remain aware of the tax impact of homeownership and to carefully…
10.1.18
Are You a Member of the Sandwich Generation?
If you’re currently taking care of your children and elderly parents, count yourself among those in the “Sandwich Generation.” Although it may be personally gratifying…
9.30.18
The High Cost of Employee Turnover
Hiring is no easy task, and in employee-intensive businesses, hiring can take a lot of time and energy that some managers would rather see spent…
9.27.18
Deferred Income Tax
C-Corporation balance sheets are changing! Balance sheets of C-Corporations may look a little different beginning with their December 2018 financial statements and it could have…
9.25.18
Businesses Aren’t Immune to Tax Identity Theft
Tax identity theft may seem like a problem only for individual taxpayers. But, according to the IRS, increasingly businesses are also becoming victims. And identity…
9.19.18
Maximizing the Qualified Business Income Deduction
One of the most complex provisions enacted by the Tax Reform and Jobs Act (the Act) is the Qualified Business Income Deduction (QBID), which is…