Expanded Sec. 152 for Dependents
The Tax Cuts and Jobs Act broadened the Child Tax Credit and introduced some big changes…
The Impact of Tax Reform on Alimony
The Tax Cuts and Jobs Act has turned the tax code upside down on alimony, especially…
IRS Releases 2018 Pension Plan Contribution Limits
A new year brings new changes. The Internal Revenue Service recently announced updated pension plan contribution…
A New Twist on an Old Scam
As many are aware, tax scams are on the uptick. What you may not know is…
Construction Companies Go Green
The construction industry has discovered that greening its energy sources with renewable energy initiatives is good…
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…
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…
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 
Annuities: Know the Pros and Cons
Some love annuities, some hate them, but there's no denying that many find them useful, and ...
Read this insight 
Is It Time to Move Off of QuickBooks?
QuickBooks is an excellent and cost-effective solution for small businesses, maybe even midsize businesses. But your ...
Read this insight 
When is My Capital Gains Rate 0%?
With a tax planning opportunity for just about everything, seeking to pay 0% on capital gains ...
Read this insight 
Tax Considerations for Today’s Mergers & Acquisitions
In the midst of continued uncertainty oscillating in the global market, opportunities emerge in times of ...
Read this insight 
SBA Stimulus Funding May Prompt Single Audit
In a rapid emergency response to the global pandemic, the federal government rolled out the Coronavirus ...
Read this insight 
FASB Grants Delay for Revenue Recognition and Leases Standard
In a recent and welcomed move, the Financial Accounting Standards Board (FASB) approved a one-year deferment ...
Read this insight