Saving tax with home-related deductions and exclusions
Currently, home ownership comes with many tax-saving opportunities. Consider both deductions and...
3 financial statements you should know
Successful business people have a solid understanding of the three financial statements prepared...
Consider key person insurance as a succession plan safeguard
In business, and in life, among the most important ways to manage risk is through insurance. For...
Disaster, Fire, or Theft? Learn About Casualty Loss Deductions
If you suffered damage to your home or personal property last year, you may be able to deduct these...
How auditors evaluate fraud risks
Assessing fraud risks is an integral part of the auditing process. Statement on Auditing Standards...
Direct tuition payments benefit your grandchild and your estate plan
Grandparents often want to play a role in financing their grandchildren’s education. If you’re one...
Who can — and who should — take the American Opportunity credit?
If you have a child in college, you may be eligible to claim the American Opportunity credit on...
Make sure the IRS won’t consider your business to be a “hobby”
If you run a business “on the side” and derive most of your income from another source (whether...
2016 IRA contributions — it’s not too late!
Yes, there’s still time to make 2016 contributions to your IRA. The deadline for such contributions...
Filing deadline rapidly approaching for flow-through entities
The federal income tax filing deadline for calendar-year partnerships, S corporations and limited...