News & Insights
News
Insights
Recent Posts
- Consider an Installment Sale to Optimize Taxes When Selling Your Business
- 5 Year-End Tax Planning Strategies for Businesses
- 5 Tax-Smart Ways to Take Cash Out of Your C Corporation
- New Law Extends Tax Relief for Disaster-Related Personal Casualty Losses and More
- When One Revenue Source Carries Too Much of the Mission
- Trump Accounts Are Here: What Families and Employers Should Know
- Watch Out for the Growing Reach of the Additional 3.8% Tax on Investment Income
- How to Avoid and Correct Common Payroll Tax Mistakes
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Planning for Year-End Gifts with the Gift Tax Annual Exclusion
As we approach the holidays and the end of the year, many people may want to make gifts of cash or stock to their loved ones. By properly using the…
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EIDL Program Retooled for Still-Struggling Small Businesses
For many small businesses, the grand reopening is still on hold. The rapid spread of the Delta variant of COVID-19 has mired a variety of companies in diminished revenue and…
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Employers Prepare for Year-End Reporting Requirements
The IRS has issued guidance to employers on year-end reporting for sick and family leave wages that were paid in 2021 to eligible employees under recent federal legislation. IRS Notice…
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Senator Wyden Releases Far-Reaching Partnership Taxation Proposals
Senate Finance Committee Chair Ron Wyden, D-Ore., on September 10 unveiled a discussion draft of legislation that would significantly change the way passthrough entities, primarily partnerships, are taxed. Wyden made…
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Temporary 100% Business Meal Deduction Stimulates Restaurants, Provides Savings to Businesses
In an effort to stimulate spending in an industry that was largely affected by the COVID pandemic, the Consolidated Appropriations Act introduced a 100-percent deduction for business meals purchased at…