Insights

When are LLC members subject to self-employment tax?

Limited liability company (LLC) members commonly claim that their distributive shares of LLC income...

How to Properly Fund Your Revocable Trust

If your estate plan includes a revocable trust — also known as a “living” trust — it’s critical to...

ASC 606: Accounting Standard Implemented by Baldwin CPAs

For 2019, there is a new accounting standard (ASC 606) that Baldwin will be implementing that...

The simple truth about annual performance reviews

There are many ways for employers to conduct annual performance reviews. So many, in fact, that...

Leasing vs. Buying: Tax-Efficient Equipment Strategies

Recent changes to federal tax law and accounting rules could affect whether you decide to lease or...

Make health care decisions while you’re healthy

Estate planning isn’t just about what happens to your assets after you die. It’s also about...

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...