Insights by Author: Abel Barragan

Expanded Sec. 152 for Dependents

September 10, 2019

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

August 17, 2018

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

December 21, 2017

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

September 28, 2017

As many are aware, tax scams are on the uptick. What you may not know is…

Read this Insight...

Construction Companies Go Green

June 9, 2017

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

December 9, 2016

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

December 29, 2015

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 ...
Read this insight