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…

3.9.18

The New Deal on Employee Meals (And Entertainment)

Years and years ago, the notion of having a company cafeteria or regularly catered employee meals was generally feasible for only the biggest of businesses.…

2.15.18

Judging the Right Level of Accounting Support for Your Medical Practice

Many doctors, dentists, and other healthcare providers struggle to keep up with the challenges of running their practice. Accounting and bookkeeping tasks are crucial to…

2.14.18

5 Essential Personal Finance Tips

Many people overestimate their financial stability and personal finance. Even if you have enough money in the bank and take home a consistent paycheck, you…

2.9.18

Stopping Identity Theft: The IRS Way

When it comes to tax-related identity theft, there are two victims — the taxpayer, who may not receive the refund he or she earned, and…

2.7.18

Questions You Should be Asking Your Tax Professional About the New Tax Law

Donald Trump signed the “Tax Cuts and Jobs Act” into law on December 22, 2017.  It is the most comprehensive tax legislation in over 30…