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It’s not unusual for a partner to incur expenses related to the partnership’s business. This is especially likely to occur in service partnerships such as…read more
Don’t let the holiday rush keep you from taking some important steps to reduce your 2019 tax liability. You still have time to execute a…read more
As you scramble to get up-to-date on changes to the federal tax rules under the Tax Cuts and Jobs Act, there also will be major…read more
With the rising cost of college, many families are in search of scholarships to help pay the bills. If your child is awarded a scholarship,…read more
When President Trump signed into law the Tax Cuts and Jobs Act (TCJA) in December 2017, much was made of the dramatic cut in corporate…read more
Your business should generally maximize current year depreciation write-offs for newly acquired assets. Two federal tax breaks can be a big help in achieving this…read more
As we near the end of 2019, we would like to remind you about the required inclusion of certain benefits in a two-percent (or more)…read more
When the COVID-19 pandemic forced lockdowns in Spring 2020, many not-for-profit organizations initially resisted laying off employees. Retention tax credits provided under the CARES Act…read more
On Wednesday December 20, 2017, the House and the Senate passed the tax reform legislation that had been referred to as the “Tax Cuts and…read more
Timely, relevant financial data is critical to managing a business in today’s unprecedented conditions. Similar to the control panel in a vehicle or machine, dashboard…read more
Are you dreaming of buying a vacation beach home, lakefront cottage or ski chalet? Or perhaps you’re fortunate enough to already own a vacation home….read more
With Thanksgiving behind us, the holiday season is in full swing. At this time of year, your business may want to show its gratitude to…read more
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