We live in an increasingly specialized society. As such, a subset of the workforce with distinctive skill sets that can perform high-quality services is increasing. Through independent contractor relationships, companies…
Tax Plan The Trump Administration served its opening volley on tax reform. Although short on details and sure to be extensively debated and modified by Congress, it does offer us…
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…
Avoid a 50% penalty: Take retirement plan RMDs by December 31 After you reach age 70½, you must take annual required minimum distributions (RMDs) from your IRAs (except Roth IRAs)…
With the holidays just around the corner, it is time, once again, to start your year-end tax planning. And like so many years in the recent past, we are once…
Review your tax situation before year-end to avoid unpleasant surprises, take advantage of tax-reduction opportunities, and budget for a possible tax bill. Here are a few strategies to consider before…
Review your tax situation before year-end to avoid unpleasant surprises, take advantage of tax-reduction opportunities, and budget for a possible tax bill. Here are a few strategies to consider before…
Any chance they will be extended? It may feel like a recurring nightmare but here we are again near the end of the year and we still do not know…
Timing business income and expenses to your tax advantage. Typically, it’s better to defer tax. Here are two timing strategies that can help businesses do this: Defer income to…
Recently released IRS final regulations for the Affordable Care Act’s (ACA’s) employer shared-responsibility provision provide some short-term relief for midsize and large employers. Under the ACA, the shared-responsibility provision (commonly…