7.11.19
IRS Audits During M&A Transactions
If you’re considering buying or selling a business — or you’re in the process of a merger or acquisition — it’s important that both parties…
7.11.19
Bartering is a Taxable Transaction Even If Your Business Exchanges No Cash
Small businesses may find it beneficial to barter for goods and services instead of paying cash for them. If your business engages in bartering, be…
7.11.19
Fraud Guides May Help Criminals Hack Your Data
Fraud experts have long known that “dark web” sites provide information, support and illicit goods to hackers and other criminals. But security company Terbium Labs…
7.8.19
Do You Know the Current Value of Your Business
Do you know the current value of your business? Even if you’re not considering selling your company or otherwise transferring its ownership right now, it…
7.8.19
Could a Family Limited Partnership Help Your Business Succession Plan?
One of the biggest concerns for business owners is succession planning — transferring ownership and control of the company to the next generation. Often, the…
7.8.19
No Surprises: Why You Should Check Your Tax Bracket
Many taxpayers learned some tough lessons upon completing their 2018 tax returns regarding the changes brought forth by the Tax Cuts and Jobs Act (TCJA).…
7.8.19
Estate Planning Portability Provision Lives on Under the TCJA
When the TCJA was passed, the big estate planning news was that the federal gift and estate tax exclusion doubled from $5 million to an…
7.1.19
South Dakota v. Wayfair Court Case and State Income Tax Consequences
Background: On June 21, 2018, the Supreme Court of the United States issued a landmark opinion related to sales and use tax in the case…
7.1.19
Minimizing Costs (Maximizing the Benefits) of Prevailing Wage Benefits
Despite the ever-increasing costs of payroll taxes, health care, and retirement benefits there are opportunities to decrease labor costs, increase the bottom line, and attract…
6.28.19
Midyear Tax Planning: Is It Time to Switch Accounting Methods?
The Tax Cuts and Jobs Act (TCJA) liberalizes the eligibility requirements for certain accounting methods that are generally easier to use and more flexible. As…