Alternative Minimum Tax
Most of us have heard of the term Alternative Minimum Tax, Alt Min Tax, or AMT. But what is it? Alternative Minimum Tax is a tax system that parallels the standard tax systems and adds an…
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Higher Education – What It Really Costs
While alternative education paths are on the rise, a traditional education track is still the most readily available to most…
Foreign Accounts – Changes in Reporting
When most people think of foreign accounts, they think of ex-pat living overseas and utilizing banks for the accumulation of…
BYOD Policies: Are They Right For Your Company?
As technologies advance and real estate costs increase, more and more companies are moving towards allowing workers to telecommute. With…
Charitable Contributions
With the change in the season and the return of fall, many people begin the act of making their homes…
Rethinking Entity Choice in Light of Tax Cuts and Jobs Act
Until the inception of the Tax Cuts and Jobs Act, entity selection by businesses was a fairly easy decision. In…
Retiring? 3 Tax Concerns to Consider.
When we are working, taxes are a part of daily life and influence the considerations that we take in our…
Working Over Seas
We’ve all thought it… Sitting on the beach in a tropical place while attending a quick meeting via your laptop…
Kiddie Tax Changes: What You Need to Know
The Tax Reform Act of 1986 first brought about the concept of taxation on the investment and unearned income for…
Why Have A Dynasty Trust?
One of the major complications facing aging individuals is the passing down of wealth to the next generation without creating…
Preventing Identity Theft
Identity theft isn’t a new crime by any stretch of the imagination. With the use of electronic fund transactions, electronic…
Benefits of An HSA
By now, most people have heard the term HSA or Health Savings Account. But what is it? A Health Savings…
Tax Reform Twists Businesses Need to Know
With the passing of the Tax Cuts and Jobs Act (TCJA), tax professionals and businesses are beginning to absorb the…
Tax Reform and Transfer Pricing Issues For Small Businesses
The Tax Cuts and Jobs Act (TCJA) tax reform and transfer pricing questions have become hot topics. However, as publications…
3 Ways That Business Intelligence (BI) Can Save Your Client’s Business
The role of Business Intelligence (BI) in your client’s company can be so pervasive and transformative that in many cases…
Steps For Compliance With The New Lease Accounting Standard
The new lease accounting standards will require some extra time and work for many companies as they race to satisfy…
Tax Reform and Section 199A Deductions Overview
A key portion of the new Tax Cuts and Jobs Act (TCJA) is Section 199A and its deduction of qualified…
Tax Planning After the Tax Cuts and Jobs Act (TCJA)
Tax planning will become more important than ever now that the TCJA has completely transformed the tax code landscape. There…
Are Entertainment and Client Meal Expenses Deductible Under TCJA?
With such sweeping changes coming in with that Tax Cuts and Jobs Act (TCJA), there has been a fair amount…
A Brief Overview On How Tax Reform Affects Choice of Entity
The Tax Cuts and Jobs Act (TCJA), signed by President Trump in Dec. 2017, has significant implications for how businesses…
A Few Things To Know About Exit Strategies
What is an exit strategy? As this definition explains: an exit strategy is a method by which entrepreneurs and investors,…
AI For Small Business: Is It Possible?
Artificial Intelligence (AI) has seen stunning development in recent years, and these improvements are wiggling their way into the day-to-day…
Flags Leading To IRS Audit
There are few experiences that conjure such dread and stress as when a taxpayer has received notification from the Internal…
The 2018 IRS Dirty Dozen
(Pursuant To IR-2018-66, March 21, 2018) Internal Revenue Service Every year the IRS issues its “Dirty Dozen” report to highlight…
Tax Reform Impact on Meals, Entertainment, and Automobile Parking
If you’ve formed certain habits related to how you handle meals, entertainment, transportation, and parking as it relates to your…