Devote some time to internal leadership development
November 30, 2018
Many factors go into the success of a company. You’ve got to offer high-quality products or services, provide outstanding customer service,…
When holiday gifts and parties are deductible or taxable
November 30, 2018
The holiday season is a great time for businesses to show their appreciation for employees and customers by giving them gifts or hosting…
Tax TipsBusiness TaxesBusiness
What’s better than giving? Giving and tax breaks combined! Charitable deductions for appreciated stock.
November 28, 2018
Planning on making a substantial contribution to a charity or college before 2018 ends? You should consider donating appreciated stock from…
3 ways to get more from your marketing dollars
November 27, 2018
A strong economy leads some company owners to cut back on marketing. Why spend the money if business is so good? Others see it differently…
Mutual funds: Handle with care at year end
November 27, 2018
As we approach the end of 2018, it’s a good idea to review the mutual fund holdings in your taxable accounts and take steps to avoid…
Is the Qualified Business Income Deduction (20% QBI) 199A deduction right for you?
November 26, 2018
The IRS now offers a 20% deduction for all “pass-through businesses” – great news! However, modifications and restrictions apply….. For tax…
It’s not too late: You can still set up a retirement plan for 2018
November 13, 2018
If most of your money is tied up in your business, retirement can be a challenge. So if you haven’t already set up a tax-advantaged…
Time for NQDC plan deferral elections
November 8, 2018
If you’re an executive or other key employee, your employer may offer you a nonqualified deferred compensation (NQDC) plan. As the name…
Buy business assets before year end to reduce your 2018 tax liability
November 6, 2018
The Tax Cuts and Jobs Act (TCJA) has enhanced two depreciation-related breaks that are popular year-end tax planning tools for businesses.…
2018 Year-End Tax-Savings and Tax Planning
November 2, 2018
As the end of the year approaches, it is a good time to think of planning moves that will help lower your tax bill for this year and…
Change management doesn’t have to be scary
November 2, 2018
Business owners are constantly bombarded with terminology and buzzwords. Although you probably feel a need to keep up with the latest…
Research credit available to some businesses for the first time
November 2, 2018
The Tax Cuts and Jobs Act (TCJA) didn’t change the federal tax credit for “increasing research activities,” but several TCJA provisions…
Donate appreciated stock for twice the tax benefits
November 2, 2018
A tried-and-true year end tax strategy is to make charitable donations. As long as you itemize and your gift qualifies, you can claim a…
Could “bunching” medical expenses into 2018 save you tax?
October 24, 2018
Some of your medical expenses may be tax deductible, but only if you itemize deductions and have enough expenses to exceed the applicable…
Now’s the time to review your business expenses
October 17, 2018
As we approach the end of the year, it’s a good idea to review your business’s expenses for deductibility. At the same time, consider…
4 pillars of a solid sales process
October 12, 2018
Is your sales process getting off-balance? Sometimes it can be hard to tell. Fluctuations in the economy, changes in customer interest and…
529 plans offer two tax-advantaged education funding options
October 10, 2018
Section 529 plans are a popular education-funding tool because of tax and other benefits. Two types are available: 1) prepaid tuition…
Tax-free fringe benefits help small businesses and their employees
October 10, 2018
In today’s tightening job market, to attract and retain the best employees, small businesses need to offer not only competitive pay, but…
FULL ARTICLE: Charitable IRA rollovers may be especially beneficial in 2018
October 3, 2018
If you’re age 70½ or older, you can make direct contributions — up to $100,000 annually — from your IRA to qualified charitable…
Could a cost segregation study help you accelerate depreciation deductions?
October 1, 2018
Businesses that acquire, construct or substantially improve a building — or did so in previous years — should consider a cost segregation…
Dig out your business plan to prepare for the year ahead
September 28, 2018
Like many business owners, you probably created a business plan when you launched your company. But, as is also often the case, you may not…
Tax planning for investments gets more complicated
September 26, 2018
For investors, fall is a good time to review year-to-date gains and losses. Not only can it help you assess your financial health, but it…
Businesses aren’t immune to tax identity theft
September 24, 2018
Tax identity theft may seem like a problem only for individual taxpayers. But, according to the IRS, increasingly businesses are also…
The tax deduction ins and outs of donating artwork to charity
September 19, 2018
If you’re charitably inclined and you collect art, appreciated artwork can make one of the best charitable gifts from a tax perspective. In…