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...
Beware the GST tax when transferring assets to grandchildren
As you plan your estate, don’t overlook the generation-skipping transfer (GST) tax. Despite a...
Will Congress revive expired tax breaks?
Most of the talk about possible tax legislation this year has focused on either wide-sweeping tax...
Rev up retirement offerings with an NQDC plan
Many business owners and executives would like to save more money for retirement than they’re...
4 tough questions to ask before expanding to a new location
Is business going so well that you’re thinking about adding another location? If this is the case,...
A refresher on the ACA’s tax penalty on individuals without health insurance
Now that Affordable Care Act (ACA) repeal and replacement efforts appear to have collapsed, at...
6 ways to control your unemployment tax costs
Unemployment tax rates for employers vary from state to state. Your unemployment tax bill may be...