tax

Planning for Net Investment Income Taxes

December 3, 2018

Despite its name, the Tax Cuts and Jobs Act (TCJA) left several taxes unchanged, including the 3.8% tax on net investment income (NII) of high-income taxpayers. Fortunately, there are some strategies ..

Read More

Document Storage Solutions: Should You Use an Electronic Filing Cabinet?

December 3, 2018

It’s a tough challenge that almost every adult faces: storing financial and tax documents. Not only is there confusion about which documents to keep, and for how long, but people also wonder how the..

Read More

Nexus Could Influence Your Out-of-State Business Plans

December 3, 2018

Your business is considering doing business in another state. You’re estimating new income and expenses. But are you fully taking new taxes into account? Activating nexus An important question..

Read More

Fringe Benefits: Watch Out for New Limitations

December 3, 2018

This year, many businesses will begin enjoying substantial tax relief under the Tax Cuts and Jobs Act (TCJA). For 2018 and beyond, the top corporate tax rate has been slashed from 35% to 21%. And qual..

Read More

Eyeing a Merger or Acquisition

July 9, 2018

Merging with, or acquiring, another company is one of the best ways to grow rapidly. You might be able to significantly boost revenue, literally overnight, by acquiring another business. Achieving a c..

Read More

Charitable IRA Rollover Eases Tax Pain of RMDs

July 9, 2018

One downside of a traditional IRA is that, once you reach age 70½, you must begin taking required minimum distributions (RMDs) — and pay taxes on those distributions — whether you need the money ..

Read More