2.18.22
Economic Nexus and Manufacturers’ Sales Tax Obligations
It has been more than three years since the U.S. Supreme Court’s landmark decision in South Dakota v. Wayfair. In that case, the Court held…
2.14.22
Making Withdrawals From Your Closely Held Corporation That Aren’t Taxed as Dividends
Do you want to withdraw cash from your closely held corporation at a minimum tax cost? The simplest way is to distribute cash as a…
2.14.22
Important Tax Aspects of Operating Your Business as a Sole Proprietor
If you’re in business for yourself as a sole proprietor, or you’re planning to start a business, you need to know about the tax aspects…
2.11.22
How Do I Get Out of Doing a Physical Inventory Count?
How do I get out of doing a physical inventory count? This is a question we hear from our clients at least once each year.…
2.10.22
Businesses Can Still Deduct 100% Of Restaurant Meals
Business owners, 2022 is well underway. So, don’t forget that a provision tucked inside the Consolidated Appropriations Act suspended the 50% deduction limit for certain…
2.10.22
Could You Have To Pay a Parent’s Nursing Home Costs?
Given the steep cost of nursing homes, planning for long-term care is critical. This holds true not only for you, but also possibly for aging…
2.10.22
Three Financial Lessons of the Pandemic
The onset of the COVID-19 pandemic in March 2020 disrupted the personal finances of many families who were negatively affected by job losses, reduced income,…
2.10.22
Get More Worms by Filing Your Taxes Early
They say the early bird gets the worm. Early federal income tax filers may get a couple worms, which is a good thing in this…
2.9.22
Your Board Can’t Do Its Job Without Information From You
If your not-for-profit’s board members don’t have the information they need to make decisions, the repercussions can be severe. Board time can be wasted, voting…
2.9.22
Established Nonprofits Must Continue To Build and Grow
If your not-for-profit was well-established before 2020, it has probably weathered the pandemic and economic stress of the past couple of years better than younger…