Life insurance can be a powerful estate planning tool for nontaxable estates
For years, life insurance has played a critical role in estate planning, providing a source of...
Light a beacon to your business with a mission statement
Every company, big or small, should have a mission statement. Why? When carefully conceived and...
Collaborating for a cause: Nonprofit alliances
Countless nonprofits have partnered up for strength and survival in recent years. But the success...
Can you deduct home office expenses?
Working from home has become commonplace. But just because you have a home office space doesn’t...
Meals, entertainment and transportation may cost businesses more under the TCJA
Along with tax rate reductions and a new deduction for pass-through qualified business income, the...
The Role of Footnote Disclosures in Financial Transparency
Business owners often complain that they’re required to provide too many disclosures under U.S....
Have you taken state estate taxes into account?
The Tax Cuts and Jobs Act has doubled the federal gift and estate tax exemption, with...
Personal exemptions and standard deductions and tax credits, oh my!
Under the Tax Cuts and Jobs Act (TCJA), individual income tax rates generally go down for 2018...
2017 Tax Return: Last Chance for Manufacturer's Deduction
While many provisions of the Tax Cuts and Jobs Act (TCJA) will save businesses tax, the new law...
How financial statements can be used to value private businesses
Owners of private businesses often wonder: How much is my business interest worth? Financial...