The ABCs of the tax deduction for educator expenses
At back-to-school time, much of the focus is on the students returning to the classroom — and on...
Maximize Tax Deductions for Providing Employee Meals
When businesses provide meals to their employees, generally their deduction is limited to 50%. But...
Yes, you can undo a Roth IRA conversion
Converting a traditional IRA to a Roth IRA can provide tax-free growth and the ability to withdraw...
Ensuring a peaceful succession with a buy-sell agreement
A buy-sell agreement is a critical component of succession planning for many businesses. It sets...
Credit loss standard: The new CECL model
A new accounting standard on credit losses goes into effect in 2020 for public companies and 2021...
Back-to-school marketing ideas for savvy business owners
August is back-to-school time across the country. Whether the school buses are already rumbling...
Powers of attorney: Springing vs. nonspringing
Estate planning typically focuses on what happens to your assets when you die. But it’s equally...
Put your audit in reverse to save sales and use tax
It’s a safe bet that state tax authorities will let you know if you haven’t paid enough sales and...
Material participation key to deducting LLC and LLP losses
If your business is a limited liability company (LLC) or a limited liability partnership (LLP), you...
Close-up on cutoffs for reporting revenues and expenses
Under U.S. Generally Accepted Accounting Principles (GAAP), there are strict rules on when to...