The following questions and answers provide information to individuals of the same sex who are lawfully married (same-sex spouses). These questions and answers reflect the policy outlined in Revenue Ruling 2013-17 in 2013-38 IRB 201. Q1. When are…
Do you feel overwhelmed around tax time when trying to select a qualified and suitable tax return preparer? The Internal…
The following 2016 information is an update of the “Preview Of Some Key 2016 Tax Figures” article originally published last…
Pursuant to the terms and requirements of the Affordable Care Act (“ACA”), Forms 1095B and 1095C must be prepared and…
The following discussion is an excerpt taken from a press release made available by the White House Office of the…
Near the end of last year (December 2015), as PR News Wire notes, Congress passed and President Obama signed into…
The primary authoritative support concerning the valuation and reporting and recordkeeping of charitable donations is addressed in the Internal Revenue…
The Family and Medical Leave Act of 1993 (FMLA) entitles eligible employees of covered employers to take unpaid, job-protected leave…
Perhaps the most significant transaction faced by any business owner is the sale of his or her business. Inevitably, a…
Over the last several years there has been increased popularity and attention given to “leasing” as a financing alternative over…
In our March 2014 newsletter, we provided a discussion entitled “What Are The Chances of Being Audited.” The article focused…
For quite some time, jurisdictions have had laws on the books requiring that employers grant employees sick leave without pay.…
Whether the funding is for kick-starting a great idea for a new business or achieving a competitive advantage that will…
The idea behind “Ban The Box” is simple: it is a campaign seeking to introduce legislation prohibiting potential employers from…
The distinction between treating someone as an employee instead of an independent contractor is significant. For an independent contractor,…
Capital budgeting is a quantitative decision-making approach for evaluating and choosing between one or more investment projects under consideration by…
An accounting system is a collection of interrelated processes designed to accumulate, organize, and report on an organization’s transactions. The…
Within the world of software development the term “beta” refers to the fact that the software is still under development…
It’s never too late to save money, even if you’re in the final hour of the tax year. There are…
It’s not unusual for a family member to provide financial assistance to another family member by giving the recipient money…
Financial Ratios Financial ratios are metrics that help measure the health and performance of a business. Such ratios help tell…
It’s never too early to begin detailed planning for next year’s taxes -- especially as we head into the final…
Unfortunately, when the tax season ends and most people stop thinking about tax issues, the tax scammers are just getting…
“Nothing lasts forever,” as the age-old saying goes. Eventually, ownership and key employees will leave your business, voluntarily or involuntarily,…
Labor Day signifies the end of summer and comes with a three-day weekend; maybe a trip to the beach, the…