More Tax Saving Ideas
Saving tax with home-related deductions and exclusions. Currently, home ownership comes with many tax-saving opportunities. Consider both deductions and exclusions when you’re filing your 2016 return and tax planning for…
Looking for New Accounting Software
Don’t Shortcut Your Search for New Accounting Software By Jim Komos, CPA, Partner, Tax Department Technology, used well, saves time and money. But when the technology solution doesn’t meet your…
Transferring Not-for-Profit Leadership
Founder’s Syndrome and Not-for-Profits By Mike Klein, CPA Founder’s Syndrome is a term that describes the challenge a not-for-profit organization could encounter when the time comes to transition its leadership…
Tax Calendar Update
2017 Q2 tax calendar: Key deadlines for businesses and other employers Here are some of the key tax-related deadlines affecting businesses and other employers during the second quarter of 2017.…
2016 IRA Contributions — It’s Not Too Late!
Yes, there’s still time to make 2016 contributions to your IRA. The deadline for such contributions is April 18, 2017. If the contribution is deductible, it will lower your 2016…
Safe Harbor Deduction
Tangible property safe harbors help maximize deductions If last year your business made repairs to tangible property, such as buildings, machinery, equipment or vehicles, you may be eligible for a…
What if You Find a Mistake in Your Retirement Plan?
How common is this? How can you try to correct it if it occurs? Provided by Dane A. Wilson, Wealth Management Advisor Your latest retirement plan account statement arrives in…
Elderly Parent as a Tax Deduction
When an elderly parent might qualify as your dependent It’s not uncommon for adult children to help support their aging parents. If you’re in this position, you might qualify for…
Don’t Lose Revenue to Fraud
Getting employees to join the fight against fraud By Reggie Novak, CPA, CFE, Senior Manager, Audit and Accounting Services The manufacturing sector is especially vulnerable to fraud schemes involving billing,…
When to File a Gift Tax Return
Do you need to file a 2016 gift tax return by April 18? Generally, you’ll need to file gift tax return if you made gifts that exceeded the $14,000-per-recipient gift…