Keep up with the latest news in the world of accounting and finance.
The simplified per-diem rates are increasing for post-9/30/18 business travel. The IRS issued a notice of the “high-low” simplified per-diem […]
For investors, fall is a good time to review year-to-date gains and losses. Doing so can help you determine whether […]
If you collect art, appreciated artwork can make one of the best charitable gifts from a tax perspective. In general, […]
They say cash is king. Well, one way to ensure there’s always a king in the castle is to maintain […]
The S corporation business structure offers many advantages, including limited liability for owners and no double taxation (at least at […]
Final IRS regs on charitable contributions include a provision on blank pledge cards. The IRS noted that it’s common for […]
Do you know the ABCs of HSAs, FSAs and HRAs? The accounts in this “alphabet soup” offer tax-advantaged health care […]
Once upon a time, some parents attempted to save tax by putting investments in the names of their young children. […]
Post-TCJA, certain strategies that were once tried-and-true will no longer save or defer tax. But some will hold up for […]
The TCJA allows qualifying non-corporate owners of pass-through entities to deduct as much as 20% of qualified business income. But […]
The IRS added five new targets to its campaign audit strategy. They include going after those who use virtual currency […]
The U.S. government recorded an estimated budget deficit of $607 billion for the first 3 quarters of fiscal year 2018, […]