December 2016 Client Bulletin
Check out our December 2016 client bulletin! This month we take a look at various aspects of seeking a stable retirement, tax on foreign stock funds, and automatic enrollment retirement plans!
Blog
New 1099 Filing Requirements – Earlier Deadlines & Significant Penalties
Beginning in 2017, there are important changes to the IRS Form 1099 filing and reporting requirements, including earlier due dates and the potential for significant penalties for late and incomplete filings.
How a Wedding Affects Your Tax Picture – Part I
It’s no secret that getting married can affect your taxes, but just how much of an effect will depend on your circumstances. In the first of this two-part series we explore some of the practical steps to take leading up to the wedding.
Can My Business Pay My Children a Bonus?
If your children work at your business, they’re entitled to be paid and the business is entitled to a deduction just like you would for anyone else, but what if you try to pay them a bonus?
Changes to Discounts When Valuing Businesses for Gift & Estate Purposes
The IRS has issued proposed regulations that can have significant effects on the valuation of closely-held business interests for gift and estate tax purposes. Here’s what you need to know in order to act before the rules change…
November 2016 Client Bulletin – Year-End Tax Planning Edition
This month’s client bulletin is all about year-end tax planning, including detailed looks into itemized deductions like state taxes paid, charitable contributions and medical expenses, as well as year-end planning for your retirement and for your business.
What is an NOL Carryover, Anyway?
NOLs have been in the news lately, so it seemed like a good time for an overview. What is an NOL? What is a carryover? How do they work?
IRS to Use Private Tax Collectors – Taxpayers Can Opt Out of Contractor Collection
The IRS recently announced the upcoming use of private agencies for debt collections. Here’s what you, the taxpayer, need to know…
October 2016 Client Bulletin
Our October client bulletin focuses on some important financial steps to take after the birth of a child, the tax consequences of investing in gold, and the inner workings of a successful wellness program.
NY Sales Tax Exemption for Computer Hardware Purchased for Software & Web Design & Development
The New York Department of Taxation and Finance issued a reminder regarding a sales tax exemption available to software and web devs/designers on the purchase of computer hardware, provided that it is used more than 50% of the time for either designing/developing software for sale, providing web design/development consulting services, or some combination of both.