Our year-end tax planning seminar was last month and thanks to our partners with the Institute for Family Business, the video is now available online. Time is running out to make some decisions for 2016 but many strategies will still be available in 2017. Watch the video to find a few that work for your…
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Please read this article to protect yourself from IRS impersonation scams. Even if you think you would never be vulnerable to these attacks, be aware that the current scammers (posing as the IRS) are incredibly convincing and intimidating and no one is immune to their tactics. The scammer will make it feel impossible to ignore…
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Congress is enacting the biggest tax reform law in thirty years with the Tax Cuts and Jobs Act. One that will make fundamental changes in the way you, your family and your business calculate your federal income tax bill, and the amount of federal tax you will pay. Since most of the changes will go…
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The new tax law has dominated political discussion for months and will likely continue to do so well into 2018. Consequences, both intended and otherwise, are still unclear. But for now, these are the big changes for both individuals and companies. In general, the changes to individual provisions expire at the end of 2025, but…
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My grandparents have a vacation house along the coast that they rent to friends and acquaintances from time to time. Like many other property owners, they think it’s a great way to generate a little extra income. While this may be true, people often overlook the vacation rental tax rules that are associated with earning…
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Your teenager needs a summer job and it just so happens that you have some clerical work at the office that needs to be done. Sounds like a perfect match? It might be just that. There may be some cost advantages available if you’re a sole proprietor and considering hiring your child as an employee…
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