Keep up with the latest news in the world of accounting and finance.
What’s the status of tax reform efforts in Congress? Both the U.S. House of Representatives and the Senate have now […]
Some taxpayers aren’t paying enough attention to the tax they owe. A recent IRS Fact Sheet showed that the number […]
Donors in leave-sharing programs get a tax break. Generally, personal, vacation, and sick leave represent taxable income for employees. But […]
“We love our customers!” Every business owner says it. But all customers aren’t created equal, and it’s in your strategic […]
Various limits apply to most tax deductions, and one type of limit is a “floor,” which means expenses are deductible […]
If you’re not making the maximum 401(k) contribution allowed ($18,000, or, if age 50 or older, $24,000), consider increasing your […]
With kids back in school, ???? it’s a good time for parents (and grandparents) to think about college funding. One option […]
Typically, it’s better for businesses to defer tax by deferring income to the next year and accelerating deductible expenses into […]