December 20, 2024
6 key elements of a business budget
There’s still time to get substantiation for 2018 donations
January 24, 2019
If you’re like many Americans, letters from your favorite charities have been appearing in your mailbox in recent weeks acknowledging your…
Getting wise to the rise of “smart” buildings
January 17, 2019
Nowadays, data drives everything — including the very buildings in which companies operate. If your business is considering upgrading its…
Higher mileage rate may mean larger tax deductions for business miles in 2019
January 14, 2019
This year, the optional standard mileage rate used to calculate the deductible costs of operating an automobile for business increased by…
2 major tax law changes for individuals in 2019
January 10, 2019
While most provisions of the Tax Cuts and Jobs Act (TCJA) went into effect in 2018 and either apply through 2025 or are permanent, there…
Economic damages: Recovering what was lost
January 3, 2019
A business can suffer economic damages arising from a variety of illegal conduct. Common examples include breach of contract, patent…
Tax Filing DeadlinesTax DeductionsTax Planning
Act soon to save 2018 taxes on your investments
December 20, 2018
Do you have investments outside of tax-advantaged retirement plans? If so, you might still have time to shrink your 2018 tax bill by…
6 last-minute tax moves for your business
December 18, 2018
Tax planning is a year-round activity, but there are still some year-end strategies you can use to lower your 2018 tax bill. Here are six…
Getting ahead of the curve on emerging technologies
December 12, 2018
Turn on your computer or mobile device, scroll through Facebook or Twitter, or skim a business-oriented website, and you’ll likely come…
Check deductibility before making year-end charitable gifts
December 5, 2018
As the holidays approach and the year draws to a close, many taxpayers make charitable gifts — both in the spirit of the season and as a…
2019 Q1 tax calendar: Key deadlines for businesses and other employers
December 5, 2018
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2019. Keep in mind that…
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…