Do you qualify for the home office deduction?
Under the Tax Cuts and Jobs Act, employees can no longer claim the home office deduction.
Read MoreHidden liabilities: What’s excluded from the balance sheet?
Financial statements help investors and lenders monitor a company’s performance.
Read MoreWhy nonprofits might want to revisit the Donor Bill of Rights
The Donor Bill of Rights was designed about 25 years ago as a blueprint of best practices for not-for-profits.
Read MoreGet SMART when it comes to setting strategic goals
Strategic planning is key to ensuring every company’s long-term viability, and goal setting is an indispensable step toward fulfilling those plans.
Read MoreWhy the “kiddie tax” is more dangerous than ever
Once upon a time, some parents and grandparents would attempt to save tax by putting investments in the names of their young children or grandchild
Read MoreBusiness deductions for meal, vehicle and travel expenses: Document, document, document
Meal, vehicle and travel expenses are common deductions for businesses.
Read MoreHow private foundations can avoid accusations of self-dealing
IRS rules governing private foundations are complex and include many exceptions, which is why your foundation needs to write and follow a detailed
Read MoreDouble duty giving with charitable gift annuities
If you’re charitably inclined, you may wish to consider a charitable gift annuity.
Read MoreTrust is an essential building block of today’s websites
When business use of websites began, getting noticed was the name of the game. Remember pop-up ads? Text scrolling up the screen?
Read More3 traditional midyear tax planning strategies for individuals that hold up post-TCJA
With its many changes to individual tax rates, brackets and breaks, the Tax Cuts and Jobs Act (TCJA) means taxpayers need to revisit their tax plan
Read MoreClose-up on the new QBI deduction’s wage limit
The Tax Cuts and Jobs Act (TCJA) provides a valuable new tax break to noncorporate owners of pass-through entities: a deduction for a portion of qu
Read MoreConsider these financial reporting issues before going private
Issuing stock on the public markets isn’t right for every business.
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