Close-up on cutoffs for reporting revenues and expenses
Under U.S. Generally Accepted Accounting Principles (GAAP), there are strict rules on when to...
Beware the GST tax when transferring assets to grandchildren
As you plan your estate, don’t overlook the generation-skipping transfer (GST) tax. Despite a...
Will Congress revive expired tax breaks?
Most of the talk about possible tax legislation this year has focused on either wide-sweeping tax...
Rev up retirement offerings with an NQDC plan
Many business owners and executives would like to save more money for retirement than they’re...
4 tough questions to ask before expanding to a new location
Is business going so well that you’re thinking about adding another location? If this is the case,...
A refresher on the ACA’s tax penalty on individuals without health insurance
Now that Affordable Care Act (ACA) repeal and replacement efforts appear to have collapsed, at...
6 ways to control your unemployment tax costs
Unemployment tax rates for employers vary from state to state. Your unemployment tax bill may be...
Listening to your customers by tracking lost sales
“Sorry, we don’t carry that item.” Or perhaps, “No, that’s not part of our service package.” How...
Don’t overlook tax apportionment when planning your estate
If you expect your estate to have a significant estate tax liability at your death, be sure to...
3 midyear tax planning strategies for individuals
In the quest to reduce your tax bill, year end planning can only go so far. Tax-saving strategies...