Blog

Business Tips
p class=DefaultThe new lease accounting standards will require some extra time and work for many companies as they race to satisfy the new requirements./pp class=DefaultIn these new rules, two leases (finance and operating) will be required on the balance sheets./pp class=Defaulta href=
Posted July 5, 2018
Tax Reduction Strategies
p class=BodyA key portion of the new Tax Cuts and Jobs Act (TCJA) is Section 199A and its deduction of qualified business income. Section 199A allows taxpayers other than corporations a deduction of 20 percent of qualified business income that is earned in a qualified trade or business, though this has some limitations.
Posted June 26, 2018
Tax Planning
p class=BodyTax planning will become more important than ever now that the TCJA has completely transformed the tax code landscape.
Posted June 18, 2018
Tax Planning
p class=DefaultWith such sweeping changes coming in with that Tax Cuts and Jobs Act (TCJA), there has been a fair amount of confusion with how certain deductions are handled.
Posted June 11, 2018
Tax Strategies
p class=DefaultThe Tax Cuts and Jobs Act (TCJA), signed by President Trump in Dec. 2017, has significant implications for how businesses will assess the choice of entity.
Posted June 4, 2018
Business Exit Plans
pstrongWhat is an exit strategy?/strong/ppAs this a href=https://articles.bplans.com/types-of-exit-strategies/definition explains/a: an exit strategy is a method by which entrepreneurs and investors, especially those that have invested large sums of money in a href=
Posted May 26, 2018
Business Performance
p class=BodyArtificial Intelligence (AI) has seen stunning development in recent years, and these improvements are wiggling their way into the day-to-day operations of small businesses faster than many business owners realize./pp class=Bodya href=
Posted May 18, 2018
IRS Problems
p class=BodyThere are few experiences that conjure such dread and stress as when a taxpayer has received notification from the Internal Revenue Service that he or she will undergo an audit of their tax returns./pp class=BodyFrankly, it feels like a punch in the gut when you first read those words./pp class=BodyIn truth for most people, as a href=
Posted May 11, 2018
IRS Problems
p class=Bodyi(Pursuant To IR-2018-66, March 21, 2018) Internal Revenue Service/i/pp class=BodyEvery year the IRS issues its “Dirty Dozen” report to highlight the biggest scams that the public needs to avoid./pp class=BodyThe IRS has released the following press release:/pp class=BodyThis year's “Dirty Dozen” list highlights a wide variety of scheme
Posted May 4, 2018
Tax Planning
p class=BodyIf you’ve formed certain habits related to how you handle meals, entertainment, transportation, and parking as it relates to your business and taxes, the time to change those habits has come./pp class=BodyAs a href=
Posted April 27, 2018