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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One of the best tax breaks available to manufacturers is the Section 179 deduction, which allows you to take a current deduction on equipment and business vehicles, rather than depreciating it over many years. This post is an update with 2015 numbers. Currently, the maximum amount for 2015 is $25,000 (*see below for a potential…
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In no other industry is fraud more prominent than in the construction industry. In fact, data from a recent fraud study released by the Association of Certified Fraud Examiners (ACFE), makes this point. According to the report, the median fraud loss among construction firms in the study was $245,000, nearly twice the rates for companies…
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Nothing in real estate is a guarantee. A Gain on Real Estate Sale Analysis can help provide a clearer picture about a potential purchase. Experts are constantly trying to get ahead of the curve, bubble and trends. However, as a seller of real estate, it’s possible to reduce your uncertainties to a minimum, and to…
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I recently wrote a post on the benefits that IC-DISC provide to companies who export. In this supplement, I will explain the actual steps involved and the additional incentive that may allow you to defer 100% of the tax. These are the details you will need to know if you plan on taking advantage of…
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If you export a significant portion of goods overseas, you may be eligible for a significant tax incentive which Forbes has said: “sounds too good to be true.” In this post, I’ve outlined a few IC-DISC basics so you can determine whether it’s a strategy that might benefit you. Its purpose is to incentivize small…
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