4.2.18
The Value of Intangibles in Health Care
Health care organizations, such as physician practices, hospitals or other medical service providers, typically possess many types of valuable intangible assets. These include personal and…
3.30.18
No Kidding: Child Credit to Get Even More Valuable
The child credit has long been a valuable tax break. But, with the passage of the Tax Cuts and Jobs Act (TCJA) late last year,…
3.28.18
Getting to Know Your Credit and Debit Cards a Bit Better
Virtually everyone has a credit and debit card these days. But many of us still live in fear of these plastic necessities because we’re not…
3.22.18
Required Minimum Distribution: What This Means for Your Retirement Plan
You must make required minimum distributions from your traditional IRAs after you reach age 70-1/2. However, taking money from your 401(k) or employer-based retirement plan…
3.18.18
Understanding the Ins and Outs of Debt Covenants
This time of the year we find many business owners and financial managers asking us questions about debt covenants, specifically, “what are they” and “what…
3.17.18
The Changing Face of Personal Exemptions and the Standard Deduction
Personal exemptions and the standard deduction have looked largely the same for quite some time. But, in light of the Tax Cuts and Jobs Act…
3.15.18
Business Owners: Brush up on Bonus Depreciation
Every company needs to upgrade its assets once in a while, whether desks and chairs or a huge piece of complex machinery. But before you…
3.13.18
Dynasty Trusts Are More Valuable Than Ever
The Tax Cuts and Jobs Act (TCJA), signed into law this past December, affects more than just income taxes. It’s brought great changes to estate…
3.12.18
What Is “Reasonable Compensation,” Anyway?
The issue of reasonable compensation often comes up in federal tax inquiries. But it may also be an issue in shareholder disputes and divorce cases.…
3.10.18
Heed the Warning Signs of W-2 Phishing Scams
A growing number of businesses have been victimized by W-2 phishing scams. In a traditional phishing scam, a criminal tricks someone into providing confidential information…