Many tax-related limits affecting businesses increase for 2019
A variety of tax-related limits affecting businesses are annually indexed for inflation, and many...
Financial Statements in M&A: Why Due Diligence Is Critical
The M&A market was hot last year, and that momentum is expected to continue in 2019. Before...
What will your marginal income tax rate be?
While the Tax Cuts and Jobs Act (TCJA) generally reduced individual tax rates for 2018 through...
Higher mileage rate may mean larger tax deductions for business miles in 2019
This year, the optional standard mileage rate used to calculate the deductible costs of operating...
How do profits and cash flow differ?
Business owners sometimes mistakenly equate profits with cash flow. Here’s how this can lead to...
2 major tax law changes for individuals in 2019
While most provisions of the Tax Cuts and Jobs Act (TCJA) went into effect in 2018 and either apply...
Is there still time to pay 2018 bonuses and deduct them on your 2018 return?
There aren’t too many things businesses can do after a year ends to reduce tax liability for that...
How to Strengthen Internal & External Auditor Partnerships
External audits aren’t required for every business. But whether required or not, they can provide...
Transferring Vehicle Ownership to a Trust? Know the Risks
A revocable trust — often referred to as a “living trust” — can help ensure smooth management of...
Time to celebrate! FASB expands VIE exception for private companies
The Financial Accounting Standards Board (FASB) recently gave private companies long-awaited relief...