College Fund Tax Smart Ways to Save
Tax-favored ways to build up a college fund If you’re a parent with a college-bound child, you may be concerned about being able to fund future tuition. And other higher…
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Time for a Retreat? Is Your Company Ready?
Pondering the possibility of a company retreat As vaccination levels rise and major U.S. population centers fully reopen. Business owners may find themselves pondering an intriguing thought: Should we have…
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Retirement coming soon? 4 tax issues you may face.
Retirement and Tax Issues If you’re getting ready for retirement, you’ll soon experience changes in your lifestyle and income sources that may have numerous tax implications. Here’s a brief rundown…
DetailsSuccession Planning: What You Need to Know
The long and short of succession planning For many business owners, putting together a succession plan may seem like an overwhelming task. It might even seem unnecessary for those who…
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Hiring your minor children? Reap tax and nontax benefits!
Get both tax and nontax benefits for hiring your children. If you’re a business owner and you hire your children this summer, you can obtain tax breaks and other nontax…
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Fair Value and Accounting. Now You Know.
What’s “fair value” in an accounting context? In recent years, the accounting rules for certain balance sheet items have transitioned from historical cost to fair value (FV). Examples of assets…
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Tax(es) Filed? Still Have Questions?
Still have questions after you file your tax return? Even after your 2020 tax return has been successfully filed with the IRS, you may still have some questions about the…
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Employee Handbook Out of Date? Probably.
Look at your employee handbook with fresh eyes For businesses, so much has changed over the past year or so but maybe not your employee handbook. The COVID-19 pandemic hit…
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Gig Economy and Current Tax Obligations
Working in the gig economy results in tax obligations Before the COVID-19 pandemic hit, the number of people engaged in the “gig” or sharing economy had been growing. According to…
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Restaurant Affected by COVID-19: Help is Here
The Restaurant Revitalization Fund is now live The COVID-19 pandemic has affected various industries in very different ways. Widespread lockdowns and discouraged movement have led to increased profitability for some…
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