News & Insights
Read the Latest Premium Financial Planning News
IRS Issues Guidance on Tax Treatment of Energy Efficiency Rebates
April 17th, 2024
|
Tax
The Inflation Reduction Act (IRA) established and expanded numerous incentives to encourage taxpayers to increase their use of renewable energy and adoption of a range of energy efficient improvements. In […]
READ MORE
7 Common Payroll Risks for Small to Midsize Businesses
April 17th, 2024
|
Accounting & Outsourced Solutions
If your company has been in business for a while, you may not pay much attention to your payroll system so long as it’s running smoothly. But don’t get too […]
READ MORE
Scrupulous Records and Legitimate Business Expenses are the Key to Less Painful IRS Audits
April 15th, 2024
|
Audit & Assurance |
Tax
If you operate a business, or you’re starting a new one, you know records of income and expenses need to be kept. Specifically, you should carefully record expenses to claim […]
READ MORE
Business Owners, Your Financial Statements are Trying to Tell You Something
April 11th, 2024
|
Accounting & Outsourced Solutions |
Audit & Assurance |
Financial Statement & Audit Preparation
Business owners are commonly and rightfully urged to regularly generate financial statements in compliance with Generally Accepted Accounting Principles (GAAP). One reason why is external users of financial statements, such […]
READ MORE
Coordinating Sec. 179 Tax Deductions with Bonus Depreciation
April 11th, 2024
|
Business Tax Services |
Tax
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 goal: first-year Section 179 depreciation deductions […]