February 2018 Client Bulletin
Our February 2018 client bulletin takes a look at solving the annuity puzzle, deducting employee business expenses, and insuring key people at small companies.
Blog
What’s With This 20% Deduction on Pass-Through Income and Will It Help Me?
The 20% Pass-Through Income Deduction introduced by the new tax law may help you to reduce your taxes, but it is fraught with limitations, phase-outs and criteria. Find out if your business qualifies for this new, and potentially lucrative, deduction.
Accounting for T&E Under the New Tax Rules
The new tax law has made many changes to the rules we’ve come to know and love, and while the implementation of many of the new rules are still being ironed out, there is something that you can do today to help set up your bookkeeping for the new tax code.
Standard Mileage Rates Increase for 2018
The IRS has released the 2018 optional standard mileage rates to be used to calculate the deductible costs of operating an automobile for business, medical, moving and charitable purposes.
January 2018 Client Bulletin
Our January 2018 client bulletin is focused on investing strategies for the new year and how to prepare your small business for a natural disaster.
Tax Reform Calls for Year-End Strategy
With the pending tax bill heading to completion, taxpayers should consider year-end strategies to make sure they are optimizing their tax situations in 2017 and beyond.
December 2017 Client Bulletin
Check out our December client bulletin for a look at asset management fees, Roth IRA reversals and year-end thank you gifts from business owners.
Moving Expenses May Be Deductible
Some moving expenses related to starting a new job or relocating an existing job are deductible. See if this information can help you!
November 2017 Client Bulletin
Our November client bulletin is all about year-end tax planning! Check it out for a look at planning for investors, retirement, charitable donations, small business and more!
What is a “closing of the books” election, and how can it help allocate income or loss in an S-Corp after a shareholder is bought out?
An S-Corp is a popular structure to use for a small business. However, despite having many positive features, an S-Corp is a highly inflexible structure with many limitations. One such limitation is the way in which income or loss can be allocated to the shareholders.