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19
Nov

2018 Year-End Tax Planning For Individuals

Nearly one year later, tax reform is still making headlines and we continue to learn more about its broad implications. Whether your previous tax filing posture was straightforward or complex, you will be impacted by the myriad of changes to the tax code. Now more than ever, it is imperative to thoughtfully consider year-end tax ...

Posted by Jada McAbee | 0 Comment
19
Nov

2018 YEAR-END TAX PLANNING FOR BUSINESSES

Businesses of all sizes, across all industries, have been impacted by the monumental changes to the federal tax code. To maximize tax savings and ensure compliance with the new rules, businesses need to engage in year-end planning conversations now. Certain tax savings opportunities may apply regardless of how your business is structured, while others may ...

Posted by Jada McAbee | 0 Comment
19
Oct

Understanding the New Unclaimed Property Requirement

After being in communication with the State Treasurer’s Office, we would like our clients to know what we have learned regarding state requirements that include ‘Negative Reporting’ on Unclaimed Property Reports. While you may or may not be aware that your business is annually required to submit an Unclaimed Property Report to the State Treasurer’s Office ...

Posted by Jada McAbee | 0 Comment
31
Jul

Changes Under Tax Reform to Meals & Entertainment

Click the link below for an update on the changes for Businesses in 2018 for Meals and Entertainment. Meals and Entertainment Update...

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21
Feb

Making Sense Of The New “20% Qualified Business Income Deduction”

Regardless of how the plan may have been sold to the public, the foundation of the recently-enacted Tax Cuts and Jobs Act was the reduction in the C corporation tax rate from 35% to 21%. But Congress couldn’t do this in isolation, because such  a one-sided dramatic decrease would cause the business playing field to ...

Posted by Jada McAbee | 0 Comment
19
Dec

Federal Tax Update after Conference Agreement

CONFERENCE AGREEMENT REACHED SETTING STAGE FOR ENACTMENT BEFORE THE NEW YEAR SUMMARY On Friday evening, December 15, 2017, the conference report to H.R. 1, “Tax Cuts and Jobs Act” (the “Act”) was released. The conference report was agreed to by the House and Senate conferees last week and reflects the resolved differences between the House ...

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19
Dec

AGREEMENT ON TAX REFORM – IMPACT TO INDIVIDUALS

On Friday, December 15, a joint conference committee comprised of House and Senate members released an agreed-upon version of the Tax Cuts and Jobs Act (the “Act”). The Act provides the most comprehensive update to the tax code since 1986 and includes a number of provisions of particular interest to our private clients. The Act ...

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03
Nov

2017 Year-End Tax Planning

Year-end strategies will become clearer over the coming weeks as proposals are negotiated and prospects for final passage become more certain. For now, flexibility and preparedness are key. Taxpayers should be ready to execute strategies as late as December, while preparing for a variety of final scenarios without locking themselves into any final course. Click ...

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14
Aug

Revenue From Contracts With Customers

Introduction In 2014, the FASB issued its landmark standard, Revenue from Contracts with Customers, which has since been amended by various updates. It takes effect in 2018 for public companies and in 2019 for all other companies, and addresses virtually all industries in U.S. GAAP, including those that previously followed industry-specific guidance such as franchisors. ...

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10
May

BUILDING A RESILIENT ORGANIZATION—A TOOLKIT FOR NONPROFIT BOARDS TO MANAGE TRANSFORMATIONAL CHANGE

Many, if not most, nonprofit organizations will encounter board or leadership turbulence at some point in their lifecycles. Organizational transition, the evolution of mission or executive departures are inevitable. There are times when the board must make challenging decisions and protect the organization from financial and organizational risk, as well as potential reputation damage. Continue ...

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