Skip to content Articles Archive - Page 46 of 141 - Dannible and McKee LLP
Headshot of Ben Sumner, Audit partner at Dannible & McKee, LLP
7.31.23

In Retrospect – A Look Back at Adoption of the New Accounting Standard for Leasing

Private companies were required to adopt the new lease accounting standard, FASB ASC 842, for their calendar year-end reporting date as of December 31, 2022.…

Headshot of Dannible & McKee Partner Mickel Pompeii
7.31.23

Is It the Right Time for Your Company To Consider Solar Panels?

Are you considering solar energy for your business but worried about the costs versus potential benefits? The Solar Investment Tax Credit (ITC) and the Solar…

On a light background, wooden cubes with the inscription RMD Required Minimum Distributions and a flower in a pot. Defocus
7.31.23

IRS Provides Transitional Relief for RMDs and Inherited IRAs

The IRS has issued new guidance providing transitional relief related to recent legislative changes to the age at which taxpayers must begin taking required minimum…

and for sale sign against trimmed lawn background. Empty dry cracked swamp reclamation soil, land plot for housing construction project in rural area and beautiful blue sky with fresh air.
7.24.23

A Tax-Smart Way To Develop and Sell Appreciated Land

Let’s say you own highly appreciated land that’s now ripe for development. If you subdivide it, develop the resulting parcels and sell them off for…

Woman at a desk looking over a document
7.18.23

Estimated Tax Payments: Who Owes Them and When?

If you don’t have enough federal tax withheld from your paychecks and other payments, you may have to make estimated tax payments. This is the…

Graduation cap with the word "Scholarship" written on it sitting on top of $100 bills
7.18.23

Are Scholarships Taxable?

If your child has been awarded a scholarship, that’s cause for celebration. For some students, it will mean the difference between going to the college…

Man with magnified glass looking at documents and taking notes
7.18.23

Family Businesses Must Beware of Fraud

Family businesses make up a huge percentage of companies in the United States and produce much of the country’s gross domestic product. Often defined as…

Man in suit holding box containing items from an office desk
7.18.23

Lost Your Job? Here Are the Tax Aspects of an Employee Termination

Despite the robust job market, some people are still losing their jobs. If you’re laid off or terminated from employment, taxes are probably the last…

Annual budget and financial planning concept with manager or executive CFO crafting or validating company's income and expenses forecast. Corporate finance and strategic plan.
7.17.23

Corporate Officers or Shareholders: How Should You Treat Expenses Paid Personally?

If you play a major role in a closely held corporation, you may sometimes spend money on corporate expenses personally. These costs may end up…

Concept of taxes paid by individuals and corporations such as VAT, income tax and property tax. Background for your business
7.10.23

Use an S Corporation To Mitigate Federal Employment Tax Bills

If you own an unincorporated small business, you probably don’t like the size of your self-employment (SE) tax bills. No wonder! For 2023, the SE…