Real Estate Investors: Let’s Talk about Like-Kind Exchanges
Are you thinking about divesting a real estate investment and then replacing it with another property? If you sell appreciated property outright, you'll incur a taxable gain, which lowers the amount available to spend on the…
- Diane Glover
- Sep 02, 2017
Accounting for Dentists
Having an accurate view of the financial condition of your Dental practice at all times is essential to the growth of your practice. Doing your own bookkeeping or hiring an in-house inexperienced bookkeeper can result…
- Diane Glover
- Aug 01, 2017
Planned Giving Holds Tremendous Benefits for Not for Profits
Is your Non for Profit organization pursuing planned giving? It should be. Research suggests that the average planned gift in the United States falls between $35,000 and $70,000 -- and the amount may increase with…
- Diane Glover
- Jul 28, 2017
Which Research Activities Qualify for the Qualified Small Business Tax Credits
Which Research Activities Qualify? If your small business engages in research activities, you may be eligible for research credits on your tax bill. A business must have engaged in "qualified" research activities to be eligible…
- Diane Glover
- Jul 17, 2017
Can Your Research Credits Offset Your Payroll Tax Bill?
Does your small business engage in qualified research activities? If so, you may be eligible for a research credits that can now be used to offset your federal payroll tax bill. This relatively new privilege allows research credits…
- Diane Glover
- Jul 17, 2017
Enforcing Non-Compete Agreements
If you worry that your employees will join a competitor, you may ask them to sign non-compete agreements. Non-compete agreements are a contract between an employer and employees, stating that the employee will not work…
- Diane Glover
- Jun 22, 2017
Business Expenses Personal or Deductible? Don’t Get Caught
To be deductible, business expenses must be both ordinary and necessary. An ordinary expense is one that is common and accepted in your field of business. A necessary expense is one that's helpful and appropriate…
- Diane Glover
- Jun 12, 2017
Can You Monitor Employee Communications
Employers have many reasons to monitor employee communications from time to time to keep you out of legal trouble or to protect the integrity of your business. For example, if any kind of illegal discrimination…
- Diane Glover
- Jun 02, 2017
When Can You Purge Your Old Financial Records
Feeling the urge to purge? April 18, 2017, is the deadline for individuals and C corporations to file their federal income tax returns for 2016 (or to file for an extension). Before you clear your…
- Diane Glover
- Apr 18, 2017
Promote From Within Successfully: A Management Cookbook
Promoting non-supervisory employees to management roles can be a morale-booster for the promoted employee, and for others. Seeing a fellow employee move up the ladder gives coworkers reason to expect that, someday, they could rise…
- Kirsch CPA Group
- Apr 13, 2017