Accelerating your property tax deduction to reduce your 2016 tax bill
Smart timing of deductible expenses can reduce your tax liability, and poor timing can...
Family mission statements promote a harmonious estate plan
Typically, much of the estate planning process focuses on money. But the most successful estate...
A brief overview of the President-elect’s tax plan for individuals
Now that Donald Trump has been elected President of the United States and Republicans have retained...
How accounting estimates are audited
Measuring accounting estimates involves some level of uncertainty. As a result, accounting...
Are Casualty and Theft Losses Deductible?
Casualty and theft losses can be tax deductible but are hard to claim.
3 ways to get started on next year’s budget
As the year winds down, business owners have a lot to think about. One item that you should keep...
It’s time to “harvest” investment losses
If you hold investments outside of tax-advantaged retirement plans, you may be able to take steps...
Mentoring can make your succession plan better
The owners of many companies launch their enterprises with a business plan — a written document...
The tax-smart way to replace a business vehicle
Although a vehicle’s value typically drops fairly rapidly, the tax rules limit the amount of annual...
Depreciation-related breaks offer 2016 tax savings on business real estate
Commercial buildings and improvements generally are depreciated over 39 years, which essentially...