Family Business Tax-Saving Moves in the COVID-19 Era
Many family businesses have been adversely affected by the novel coronavirus (COVID-19) pandemic. But there's a silver lining: Proactive tax planning […]
10 Tax Elections to Save Money on Your 2019 Return
2020 is a presidential election year. You'll have an opportunity to cast a vote for your favored presidential candidate in November, […]
Tax Rules that Apply to Home-to-Rental Conversions
Residential real estate values have fully recovered in many areas, and rental rates are strong. To take advantage of this favorable […]
New Tax Law Provides 10 Key Breaks for Individual Taxpayers
A recent spending package signed into law by President Trump on December 20 retroactively resurrects and/or extends several key tax breaks through […]
Five Payroll Tax Developments for 2020
Along with a new year comes new payroll rules. Here are five highlights: 1. Significant revisions have been made to Form […]
Low Tax Rates Provide Opportunity to “Cash Out” with Dividends
Under current tax law, the federal income tax rate for C corporations is a flat 21%. Under prior law, C corporations […]
New Spending Law Contains Holiday Surprises
On December 20, 2019, President Trump signed into law the annual government spending package, which includes amendments to the tax law, […]
What Employers Should Know about HSAs
Health Savings Accounts (HSAs) are a tax-smart way to cover an individual's uninsured medical expenses. Your business can set up HSAs […]
Take Time to Review Your Retirement Savings Strategy
While you're considering health care benefits options during your “open enrollment” period, you should also take stock of your retirement savings […]
Reap Tax Rewards from Year-End Harvesting
The stock market has experienced plenty of ups and downs this year. So some investors are poised to take big gains […]