Expanded Sec. 152 for Dependents
The Tax Cuts and Jobs Act broadened the Child Tax Credit and introduced some big changes…
Read this Insight...The Impact of Tax Reform on Alimony
The Tax Cuts and Jobs Act has turned the tax code upside down on alimony, especially…
Read this Insight...IRS Releases 2018 Pension Plan Contribution Limits
A new year brings new changes. The Internal Revenue Service recently announced updated pension plan contribution…
Read this Insight...A New Twist on an Old Scam
As many are aware, tax scams are on the uptick. What you may not know is…
Read this Insight...Construction Companies Go Green
The construction industry has discovered that greening its energy sources with renewable energy initiatives is good…
Read this Insight...New Deadline and Increased Penalties for Forms 1099 and W-2
The IRS is getting stricter on filing deadlines for information returns and have increased penalties for…
Read this Insight...IRS Announces Various Tax Benefit Increases for 2016
For tax year 2016, the IRS recently announced many annual inflation adjustments. IRS Revenue Procedure 2015-53…
Read this Insight...Future-Forward Manufacturing
Many manufacturers are feeling the impact of the current crisis. But companies that are ready to retool and ...
Read this insight By the Numbers: The Key Adjustments for 2021
What will 2021 bring us? After a year of turmoil and surprises, no one has a ...
Read this insight Restructuring Debt as a Business Strategy
Many businesses are facing the financial effects of the Covid-19 pandemic. The loss of clients and ...
Read this insight Hobby or Business: The IRS Takes a Stand
From a tax perspective, the distinction between hobbies and businesses is important because businesses can deduct ...
Read this insight Year-End Tax Planning for Businesses
Many businesses remain steeped in financial, operational, and HR challenges related to the COVID-19 crisis, but ...
Read this insight Year-End Tax Planning for Individuals
We recognize the impact this unimaginable year has had on all of us. There have been ...
Read this insight Retirement Plan Options for Self-Employed Business Owners
Owning your own business gives you a great deal of freedom to make your own choices. ...
Read this insight 5 New Updates on Economic Impact Payments
New information continues to unfold as Congress provides clarity on several aspects of the economic impact ...
Read this insight How To Use a CPA as an Expert Witness
A CPA may be called upon as an expert witness to render a professional opinion, whether ...
Read this insight 10 Ways to Improve Your Cash Flow
Cash flow is king. It is the lifeblood of any business. Often referred to as “working ...
Read this insight Tips for a Quicker End to Your Mortgage
If you're serious about paying off your mortgage quickly, realize that every dollar you add to ...
Read this insight Can I Claim a Home Office Deduction During COVID?
Many of us have rearranged, redecorated, or reimagined our homes to convert them into office spaces ...
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