The Equal Employment Opportunity Commission (EEOC), the investigator and enforcer of the federal job discrimination laws, is trying to put itself in your shoes....
Bad Debts: What Losses Can You Deduct and When?
Feb 18, 2021Attempts to claim write-offs for bad debt losses have fueled controversies with the IRS for many years. Unfortunately, bad debt losses are increasingly common d...
How Can Business Owners Lower Last Year’s Tax Bill?
Feb 18, 2021Good news! Business taxpayers may still be able to take actions to lower their federal income tax liabilities for 2020, as well as for future years. Consider th...
Last-Minute Tips for Your 2020 Personal Return
Feb 18, 2021Goodbye, 2020. Hello, tax season. Individual taxpayers have until April 15, 2021, to pay Uncle Sam for taxes owed for 2020. (Remember, you can extend the deadli...
Opportunity Zone Investments: A Tax Deferral Opportunity You May Have Overlooked
Feb 17, 2021Many investors are unaware of the potential to defer taxes by investing in a qualified opportunity zone (“QOZ”). Created by the Tax Cuts and Jobs Act of 201...
Are You Thinking About Selling Your Business?
Jul 20, 2024Private business owners today face a challenging landscape, and some are now considering selling their businesses before Congress has a chance to increase the r...
CAA Offers Tax Breaks for Manufacturers
Feb 04, 2021The Consolidated Appropriations Act (CAA) — the massive spending package passed in December 2020 — includes many tax breaks designed to help businesses that...
Important Tax Figures for 2021
Feb 04, 2021The following table provides some important federal tax information for 2021, as compared with 2020. Some of the dollar amounts are unchanged and some changed ...
Contractors: Fraud Prevention Starts with You
Feb 04, 2021From equipment theft to padded time to cyberattacks, contractors are vulnerable to a variety of fraud schemes. According to the Association of Certified Fraud E...
Is Your Estate Plan Aging as Gracefully as You Are?
Feb 04, 2021A lot can change over a lifetime — including with your wealth, family composition, and priorities. That’s why you need to revise your estate plan as you...