On June 23rd, the Supreme Court issued its decision in the South Dakota v Wayfair case, overturning the Quill physical presence standard for nexus that had been the law of the land for sales tax purposes for the past several decades. Here’s what you need to know…
Our July 2018 client bulletin takes a look at a little more give in the gift tax, making sure you don’t neglect estate planning, and moving your business to a low-tax state.
Did you do your “paycheck checkup”? Are you having the correct amount of tax withheld after changes enacted by the Tax Cuts and Jobs Act? This calculator can help you make sure your withholding still works under the new tax code.
The 2018 tax law changed depreciation limits for passenger vehicles placed in service after Dec. 31, 2017, with the greatest allowable deduction for year one now going up to $18,000 (with bonus depreciation) and $10,000 (without bonus depreciation).
Our June client bulletin takes a look at how small businesses cope with summer vacations, the IRS giving a thumbs up on home equity deductions, and how a retirement bucket plan can help navigate a volatile market.
The new tax law made changes to how you can depreciate the fixed assets purchased by your business. Here’s what you need to know about the changes to section 179 and bonus depreciation.
Filing 1099s is a necessary evil that comes with the territory of running a business. While most people think of 1099s as something to deal with at year-end, you can drastically simplify your year-end process by improving your processes today.
Our May 2018 client bulletin takes a look at how the new tax law affects divorce, stretching for yield in your investments (carefully), and the new tax law’s change to the deductibility of entertainment expenses.
Our April 2018 client bulletin takes a look at how to know your true tax rate, rethinking retirement contributions, Roth IRA conversions, state and local taxes, medical deductions and the new pass-through entity deduction.
The IRS today announced that it would be granting many businesses in the Northeast and Mid-Atlantic affected by the recent winter storms an extra 5 days to request an extension of time to file their 6-month extension.
