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Our 2025 NewsBlog Archive

January

Emailing with Your Attorney from Work

Tax and Financial Pointers When Retirement Is on the Horizon

Profit-Sharing Plans Are Making a Comeback

6 Ways to Address Future Health Care Costs

Federal Tax News: January 2025

Having Trouble Budgeting? QuickBooks Online Can Help

2025 Tax Calendar

Avoid Mixing Personal and Business Accounts

Are You Sending Automated Invoice Reminder Emails in QuickBooks Online?

Alternative Investments Are Gaining Popularity

C Corporations: Tax Issues to Consider When Closing a Business

Work-In-Process: What It Means for Your Manufacturing Company’s Finances and Performance

Tax Relief for Victims of the California Wildfires

Some People Really DO Find Money

Many Employers Struggle to Wield Compensation as a Retention Tool

Is Earned Wage Access a Viable Option for Construction Companies?

Insights Into Small Business Bankruptcies

Federal Estate and Gift Tax Outlook 2025

Who Are Your Customers? QuickBooks Online Can Tell You

Make Better Branding Your Nonprofit’s 2025 New Year’s Resolution

BEC Fraud: How to Protect Your Business From a Growing Threat

Put a Business Valuation Pro on Your M&A Team

Is It Time to Jump on the Gig Bandwagon?

Key Chicago Tax Rate Changes Effective January 2025

Manufacturers: Focus on Key Performance Indicators

Federal Tax News for Individuals: January 2025

Buy-Sell Agreements Are Advisable for Businesses with Several Owners

Breaking the Nest Egg: Tread Carefully with Early Retirement Plan Withdrawals

Don’t Ignore the Risk of Embezzlement

How to See Who Owes You in QuickBooks Online

Potential Big Benefits with Small Business HRAs

Exit Strategy: ESOPs for Construction Companies

Prevent the IRS From Labeling Your Asset Transfer a Gift

Estate Planning for Non-U.S. Citizens Requires Extra Care

Important Tax Figures for 2025

February

Should Married Couples Ever File Separate Tax Returns?

Are You Ready to File (or Extend) Your 2024 Personal Return?

FAQs About the Accumulated Earnings Tax

FAQs about Reporting Digital Assets on Your 2024 Tax Return

Manufacturers: Cut Costs by Avoiding Sales Tax Overpayments

Filing Business Taxes for an LLC for the First Time: A Step-by-Step Guide for New Business Owners

QuickBooks Online: Out with Tags, In with Custom Fields

6 Ways Employers Can Address Payroll Costs During Economic Uncertainty

Demystifying the Individual AMT

President Trump’s Tax Plan: What Proposals Are Being Discussed in Washington?

Why You Should Be Using QuickBooks' Bill Pay Tools

What if a Customer Doesn't Pick Up Their Property?

Using Prenuptial Agreements as an Estate Planning Tool

Using Someone's Image in Advertising

Choosing a Respite Caregiver

Protect Estate Assets from Creditors with a DAPT Trust

Tackling Tax Issues if You’re an Estate Executor

A Review of Inventory Accounting for Construction Companies

Protecting Your Business from Deepfake Deception

Casino Nights Aren’t All Fun and Games

QuickBooks Announces Changes to Automated Payroll Tax Withdrawals

What’s the FIRE Movement?

Ready, Set, File: 8 Tax Deductions You Might Not Know About

What Is the Capital Gains Tax?

Finding Profitable Real Estate Investments

Rethinking Cash Flow

Get REAL: New ID Requirements for U.S. Travel

March

Be Cautious If You Plan Your Own Funeral

The Lowdown on 401(k) Plan Catch-Up Contributions

Help Wanted: Hiring Family Members for Tax-Saving Results

Stop 'Spinning' Communication to Employees

Protect Your 401(k) Funds

Make Sure Workers and Managers Comply with HIPAA

QuickBooks Online: Tags Date Extended!

BOI Reporting Requirements Suspended for Domestic Reporting Companies

Disaster Victims May Qualify for Tax Relief… Including on Amended Returns

Managing Products and Services in QuickBooks Online

3 Critical Issues for Manufacturers Under the Trump Administration

Claiming Bad Debt Loss Deductions

8 Tips for Managing Student Loan Debt

Why You Should Exercise Caution When Investing In Crypto

Employers May Want To Distinguish Themselves with Student Loan Assistance

It May Be in Your Best Interest to File a Gift Tax Return

Reviewing the Look-Back Method for Long-Term Construction Contracts

Is Your Venture a Partnership for Tax Purposes?

Dispelling 10 Federal Tax Myths and Misconceptions

Retiring in Illinois: Tax Benefits, Health Care and Lifestyle Options

BOI Reporting Paused for U.S. Businesses – Key Treasury & FinCEN Updates

FinCEN Pauses BOI Reporting Enforcement & Extends Deadline

Case in Point: Speculative Financial Projections Won’t Pass Muster in Court

Unused 529 Plan Funds Can Help with Retirement Planning by Rolling Them Into a Roth IRA

Crypto May Be Cool, But It’s Not Tax-Free

How to Trim Your 2024 Taxes by Contributing to a Retirement Plan in 2025

Small Businesses: 5 Last-Minute Tax Breaks to Consider for 2024

Federal Tax News for Individuals: March 2025

Accounts Receivable Fraud: Lapping Up Profits

The Rights and Duties of a Subcontractor

How Should You File Tax Returns if You're in the Process of a Divorce?

Drafting a Financial Blueprint for Your Blended Family

Do You Know the Tax Consequences of Gambling?

When Is the Last Time You Thought About Your Account Beneficiaries?

The True Costs of Insurance Fraud

Charitably Inclined? Pair a Donor-Advised Fund with Your Estate Plan

Goodwill Matters: A Practical Approach to Valuing a Business for Divorce

April

Let's Review Some Tax Basics

Contractors Can Calculate KPIs, Too

Gift Wrap Your 2025 RMDs to Charity

An HSA Can Help Fund Your Retirement

Navigating New Tariffs: Tax Implications and Forecasting Strategies for Businesses

A Review of Dependent Care FSAs for Employers

The Three Legs of the Damages Stool

Mitigate the Risks: Tips for Dealing with Tariff-Driven Turbulence

Recent Survey Highlights Financial Struggles Among Retirees

Small Business Owners: Beware of Common Payroll Blunders

Reshoring: What Manufacturers Need to Know

7 Ways To Cut Nonprofit Costs Rather Than Staffers

“Privacy, Please” When Your Nonprofit Stores Sensitive Data

Need to Modify an Existing Irrevocable Trust? Decant It

Tariffs Return to Center Stage: What U.S. Manufacturers—and Consumers—Need to Know

Get an Edge on Financing for Your Construction Company

Are You Backing Up Your QuickBooks File?

Keeping Password “Spraying” From Compromising Your Network

8 Red Flags that Could Trigger an IRS Audit

FinCEN-Related Fraud Heats Up: How to Avoid Getting Burned

Review Financial Statements Critically

Advantages and Disadvantages of Roth IRAs

Senior Housing: What’s the Right Option?

7 Best Practices for QuickBooks Desktop

U.S. Tax Court Gives Two Thumbs Down to Self-Employed Movie Critic’s Tax Claim

Business Owners: It’s a Good Time for Stock Redemptions

Filing Taxes in Two States: What You Need to Know

First Steps to Securing Your New Child’s Financial Future

Federal Tax News for Businesses: April 2025

Keeping Senior Family Members Safe from Fraud

Make Safety Part of the Daily Routine

May

Can a Modest-Income Elderly Person Stop Filing Tax Returns?

Keeping It in the Family... and on the Payroll

How Are Income Distributions from Trusts and Estates Taxed?

IRS Offers Clues to Financial Scam Loss Deductions

8 Life Events that May Change Your Tax Situation

Business Owners: Is It Time to Transition Ownership to the Next Generation?

4 Tax-Savvy Wealth-Transfer Strategies for Contractors

Business Valuations Must Look to the Future, Not the Past

Overtime Oversight: A Review for Employers

Have You and Your Spouse Coordinated Your Estate Plans?

2 Financial Planning Tools That Can Help Manufacturers Weather Uncertainty

Real-World Tax Advice for Recent College Grads

How Frequently to Update Resale Certificates

IRS Clarifies Theft and Fraud Loss Deductions

Divorcing Business Owners Can’t Afford to Skimp on Valuation Expertise

Don’t Let Quarterly Estimated Tax Payment Obligations Catch You Off Guard

Tax Options for Vacation Home Owners Who Want to Sell

Protect Your Company Against Business Theft

Promote Good Governance with a Board Policy

Beyond the Fraud Risk Assessment: Managing Nuanced Threats

Smart Strategies for Saving on Business Travel in 2025

7 Best Practices You Should Be Implementing in QuickBooks Online

Federal Tax News for Individuals: May 2025

New SIMPLE Contribution Rules Cause Confusion

5 Tips to Help Tackle Trump’s Tariffs

Succession Planning Requires Smart Strategies

How Philanthropy Can Strengthen Your Family Business

7 Midyear Tax-Reduction Strategies for Manufacturers

Estate Planning for Singles: Current Tax Rules May Dictate Changes

Brighten Up Onboarding Efforts with a Mentorship Program

3-Step Strategy to Help Seal the Deal

Could Your Company Defend Itself Against an Age Discrimination Lawsuit?

How to Save Tax with an Installment Sale in 2025

June

QuickBooks Online: What's New?

Tired of Typing? Use Recurring Transactions in QuickBooks Online

Shareholders’ Compensation vs. Dividends: An Important Distinction for C Corporations

How LTC Insurance Can Help Manage Senior Care Costs

New Study on Tax Burdens: How Does Your State Measure Up?

No More State Grocery Tax—But Is Your Town Picking Up the Tab?

Four Ways That Family Business Owners Can Transfer Their Wealth

Keeping Manufacturing Company Owner Compensation on the Right Side of Tax Laws

How The One, Big, Beautiful Bill Proposes to Change the Gift and Estate Tax Exemption

What Happens to Qualified Transportation Plan Balances When Employees Leave?

Tax Affecting: A Controversial Issue in Pass-Through Business Valuations

5 Common Business Entities and Their Tax Implications

What Are the Tax Implications of Gold and Other Precious Metal Investments?

Get More Out of Exit Interviews with These Five Tips

Illinois Sales Tax Rate Changes for Certain Municipalities Effective July 1, 2025

When Corporate Sponsorships Raise UBIT Issues

Seeing Isn’t Believing: GenAI Document Fraud

Property and Casualty Insurance: Protect Your Property, Preserve Your Wealth

Act Soon: EV and Homeowner Tax Credits Ending After 2025 Under Proposed Law

House Passes the One, Big, Beautiful Bill Act: An Overview of Its Tax Provisions

Challenging the Authenticity of Documents in Court

Should You Pay Off Your Mortgage Early?

Workers’ Compensation Vs. Disability Income Insurance

Should We Provide a COBRA Notice to a Spouse or Child Who Isn't Covered?

Federal Tax News for Individuals: June 2025

July

The U.S. Senate Passes Its Version of President Trump’s Tax Bill

Apply the Critical Path Method to Manage Cash Flow

Take the Proper Steps to Avoid Your Will Being Contested

Consider Using an FLP to Keep Your Business in the Family

Take Notice of Notice Provisions in Contracts

Warning: Reference Calls Could Entrap You

Challenging a Property Tax Assessment

Financial Planning Before Stressful Events Occur in Your Family

Seniors Seek Flexible Retirement Options from Employers

What’s the Right Business Entity for Your Gig Work?

9 Individual Tax Credits You Can’t Afford to Overlook

Illinois Gives Tax Credit Act – Key Takeaways for 501(c)(3) Organizations

Take a 10-Minute Tour of Your Finances in QuickBooks Desktop

Illinois Tax Burden 2025: What Residents Need to Know

Activity-Based Costing May Benefit Some Contractors

Consider Tax-Saving Sec. 1031 Exchanges for Appreciated Real Property

Year-Round Tax Planning: Tips for a Smoother Filing Season

August

September

October

November

December

Our 2024 NewsBlog Archive

2024

2025 Tax Outlook for Businesses and Their Owners

Important Update: Changes to Illinois Retailers' Occupation Tax (ROT) Effective January 1, 2025

Updated Guidance Issued by IDOR in Regards to Leases Now Subject to Sales Tax

Cryptocurrency Tax Reporting: Changes Effective January 1, 2025

New for 2024: Matching Contributions for Employee Student Loan Payments

Give Your Finances a Quick Once-Over with QuickBooks Online

Beware of Overly Optimistic Projections Used To Value a Business

Federal Court Strikes Down Expanded Overtime Rule

Business Alert: BOI Reporting Requirements Have Been Suspended for Now

What is an Accounting Provision and Why Do They Matter?

The IRS Issues Final Regs for the Advanced Manufacturing Production Credit

Wrap Up Your Business Year with Big Tax Savings

What’s Your Post-Election Tax Outlook?

Does Your Small Business Need to File a BOI Report? The Deadline Is Approaching

New 2025 IRS Pension Plan Limitations

Biller Genie: Automate Your Invoicing and Recoup Your Merchant Fees

Illinois Sales Tax Rate Changes for Certain Municipalities Effective January 1, 2025

Ruling Supports the Importance of Estate Planning — and Family Unity

Are Your Job Candidates Honest? A Look at Resumé Fraud

Should Your Nonprofit Consider Using Fund Accounting?

Have You Considered a Backdoor Roth IRA Conversion?

Act Now: 5 Tips to Cut Your 2024 Tax Bill

Federal Tax News for Individuals: December 2024

Federal Court Rules Against DOL’s “White Collar” Overtime Rule

Social Media Isn’t a Trusted Source for Tax Advice

Target Date Funds: What You Need to Look For

6 Reasons to Separate Real Estate from Your Business Assets

Business Owners: Beware of the Limits on Deducting Losses

Some Retirement Plan Benefits Will Increase for 2025

It’s Not Too Late to Trim Your 2024 Taxes

Is a PTET Election Right for Your Construction Company?

Upcoming Changes to Sales Tax in Illinois – Leases and Vendor Discount

Donating Private Stock? Be Sure to Get a Business Valuation

Eureka! Utility Bills Can Unlock Secrets

Navigating Health Insurance: What Are You Really Paying?

Festive Gatherings Provide a Perfect Portrait of Family Finances

How To Handle the Changes to R&E Tax Treatment

Refresher on First-Year Section 179 Depreciation Deductions

Unwrap the Fine Print: Essential Gift Card Tips for the Season

How the U.S. Election Changes the Outlook for Taxes

How Much Can You Contribute to Your Retirement Plan in 2025?

KPI of the Week: Days Sales Outstanding (DSO)

Dividing Up Retirement Accounts in Divorce? Don't Forget Taxes

Federal Tax News for Individuals: November 2024

What FSAs Can Offer Staffers — and Your Nonprofit Organization

How Your Business Can Fight ATM Skimming

How a New IRS Ruling Could Affect 401(k) Matching Contributions

Company Holiday Parties: Celebrate the Tax Breaks

Bunching Charitable Donations to Maximize Your Tax Benefits

Understanding Sales Tax Nexus and Trade Shows

The Research and Development (R&D) Tax Credit Explained

7 Tax Breaks for Business Buildings

Decoding Your Taxes: A Glossary of Tax Terms You May Need to Know

What You Need to Know About Credit Card Billing Disputes

Electronic Discovery: What You Need to Know

The Risks and Rewards of Foreclosure and Short Sale Properties

Don’t Let Profit Fade Dim Your Construction Firm's Hopes for a Good Year

Preserve Your Business Legacy with Proactive Succession Planning

Tips to Minimize the Kiddie Tax

Can Marketability Discounts Apply when Valuing Controlling Business Interests?

An Update on the Employee Retention Tax Credit for Construction Companies

KPI of the Week: Revenue Growth

R&E Capitalization Has Unintended Effect on Small Businesses

Safeguarding Against Check Fraud

How to Transition into a Comfortable Retirement

Should You Set Up a Self-Directed IRA?

A Guide to Claiming Tax Breaks if Your Parent Is a Dependent

Manufacturers: Implement Year-End Tax Planning Strategies Now to Reduce Your 2024 Tax Bill

Ease the Financial Pain of Natural Disasters with Tax Relief

Demystifying Fair Tax Proposals

IRS Targets Certain Conservation Easements

Fallen Trees and Insurance: Who Is Responsible?

Tax-Smart Strategies for Mutual Fund Investors

Rules of the Game: The Right Way to Handle Gambling Winnings

An Emergency Fund Provides Financial Peace of Mind When the Unexpected Happens

Identifying and Reporting Counterfeit Cash

Why Credit Scores Count

Married Couples Should Review Their Revocable Trust Options

How Cybersecurity and Physical Security Go Hand in Hand

5 Ways for Your Nonprofit to Weather Economic Uncertainty

What Your Payroll Department Should Know About Tips This Election Year

Like Butter? The Pros and Cons of Credit Card Churning

Should You Buy Travel Insurance?

Tax-Saving Strategies for Capital Gains Tax

Protect Your Child from Identity Theft

Federal Tax News for Businesses: October 2024

IRS Targets Partnership Tax-Reduction Tactic

Taxes Take Center Stage in the 2024 Presidential Campaign

Unveiling Intuit Enterprise Suite: Intuit’s Solution for Mid-Market Businesses

KPI: Cash Flow Coverage Ratio

Monitoring Household Expenses: Monthly Subscription Services

How to Strategize the Financial Side of a Home Remodel

Avoid Unexpectedly Owing the IRS Money By Adjusting Your Withholding Amount

Having a Baby? Four “First Steps” to Take

What You Might Not Know About the Cash in Your Wallet

Possible Expiration of Key TCJA Provisions Could Affect Individual Taxpayers

Which TCJA Changes for Individuals Are Permanent under Current Tax Law?

Tax Credits vs. Refundable Tax Credits: Do You Know the Difference?

Supreme Court: COLI Proceeds Are Included in Business Value

Business Owners: Expiration Date Is Approaching for Certain TCJA Provisions

Our 2023 NewsBlog Archive

2023

Protect Directors and Officers From Legal Liability

Beware the Corporate Accumulated Earnings Tax

Itemizing Deductions on Your Federal Income Tax Return

Picking a Guardian for Your Children

A Good PR Firm Can Help with More Than Just a Crisis

Liquidation vs. Going-Concern Value: What’s Right for a Distressed Business?

Manufacturing Company Owners’ Compensation: What’s Considered Reasonable?

Manufacturers: Attract Skilled Labor with SECURE 2.0 Saving Opportunities

Make a Clean Sweep: Understand How Waste Affects Your Bottom Line

Act Now to Leverage the Gift Tax Exclusion Before Year End

Tips for Reducing the Impact of NIIT

A Deduction for Energy-Efficient Buildings Was Enhanced by a 2022 Law

Corporate Capital Gains Tax: How to Negotiate Tax Laws

Tax Planning Strategies for Law Firms: Maximizing Success

Cash vs. Accrual: Choose the Right Accounting Method for Business Tax Purposes

How Construction Company Owners Can Build a Succession Plan Framework

Make Education Part of Your Estate Plan

The Importance of Segregating Duties

Should You Pour All Your Assets Into a “Pot” Trust?

7 Fringe Benefits for Nonprofit Employers to Offer

Wrapping Up the Tax Rules for Business Gifts

What Is Residual Fraud Risk — and What Can Your Business Do About It?

Federal Tax News for Individuals: December 2023

IRS Delays $600 Form 1099-K Reporting Threshold

Year-End Review of S Corp Compensation: Stay on the Right Side of the IRS

Easy & Useful QBO Tips for Small Business Owners

IRS Delays New Reporting Rule for Online Payment Processors

Tax and Wealth Management: 10 Essential High-Net-Worth Tax Strategies

5 Ways Financial Advisors Can Help Start-Ups Succeed

Saying Goodbye Without Leaving

Is an ESOP Right for Your Business?

7 Tax Breaks for Parents

Construction Companies: Lean Into Tech to Optimize Accounting and Financial Management

2024 Milwaukee Sales Tax Rate Changes

Year-End Tax Planning For Manufacturers: Combine the Sec. 179 Expensing Election With First-Year Bonus Depreciation

The IRS Has Announced Increased Retirement Plan Benefits for 2024

Spelling Out the Rules for the Net Unrealized Appreciation Tax Break

Year-End Bonuses: Tax Issues for Employers and Employees

The 2024 Cost-of-Living Adjustment Numbers Have Been Released: How Do They Affect Your Year-end Tax Planning?

Reducing Taxes Via Exit Planning

Federal Tax News for Individuals: November 2023

How to Support a Disabled Loved One With an ABLE Account

Nonprofits Need to Approach Election Season With Caution

Do You Pay Employees “Reasonable” Compensation?

How Some Taxpayers Get Snared By Tax-Avoidance Scams

5 Ideas to Help Small Business Owners Reduce Taxes for 2023

Advantages of Group Term Life Insurance as an Employee Benefit

What Is Lean Six Sigma and Could Your Company Benefit?

Are Health Savings Accounts the Cure?

Transitioning from Retirement Savings to Retirement Income

Do You Need Medicare Supplement Insurance Coverage?

Avoid These Common Mistakes When Saving for Retirement

How To Overcome the Fear of Spending Your Savings in Retirement

Choosing Your Retirement Destination Based on Taxes

5 Tax-Planning Tips for Retirees

The ABCs of Zero Coupon Bonds

Sale of a Professional Corporation Business: Who Owns the Goodwill?

The Basics of Private Health Insurance Exchanges for Business Owners

Does Your Credit Score Affect Your Insurance Rates?

Put Your Tax Refund to Good Use

Employees, Sponsors Sailing Toward Safe Harbor 401(k) Plans

Retirement Plan Contribution Limits

Weigh Three IRA Options

Staying on Safe Ground When Engaging Independent Contractors

Need Capital? Get to Know Your Loan Products

Business Valuations as an Operational Tool

Beware of the Wash Sale Rule when Harvesting Tax Losses

Planning a Graceful (and Profitable) Exit from Your Small Business

Taking Fate Into Your Own Hands

Social Security Wage Base and Earnings Test Amounts Increase in 2024

New Business Travel Per Diem Rates Are Effective on October 1

Social Security Recipients Will Receive a Smaller Increase in 2024 than in 2023

Demystifying Personal Casualty Losses

Are You Prepared to Join the Manufacturing 4.0 Revolution?

Federal Tax News for Businesses: October 2023

FAQs about SE Tax

Do You Run a Business from Home?

Year-End Holiday Parties and Gifts: What’s Taxable?

10 Ways Construction Companies Can Tighten Up Their Estimates

Can the Next Generation Successfully Run Your Business?

Illinois Governor Signs HB1197 to Change Audit/Review Requirements for Small Nonprofits

ESOP Valuations Under Increased IRS Scrutiny

Federal Contractors Will Get a Minimum Wage Increase in 2024

Annuitizing Annuities: Understanding the Terms and Consequences

Veterans Returning Home: What Are the 401(k) Make-Up Elective Rules?

Enhance Your Bookkeepers' Knowledge

Beware: CGL Policies Don't Cover Faulty Work

Still Relevant: Email Marketing for Family Businesses

Two Tools Can Make Your Estate Plan More Effective

Boost Year-end Donations to Your Nonprofit

What the DOL’s Overtime Pay Proposal Could Mean for Employers

Don’t Let Your Industry Be Your Fraud Destiny

Leveraging AI to Add Value to Your Business

Coming Soon: Changes to the 401(k) Plan Participation Rules

Manufacturing: Renewable Energy Tax Credits

Factors to Consider When Choosing a Home Improvement Pro

Changing Your House as Your Needs Change

What’s the Magic Number for Determining Your Board’s Size?

Steer Clear of Red Flags: 7 Areas of IRS Form 990 Audit Scrutiny

Update on New Retirement Account Catch-Up Contribution Rules

Our 2022 NewsBlog Archive

2022

Optimizing Business Losses

Financial Benchmarking for Success

Learn the Basics of Medicare

LIFO vs. FIFO: Taking Stock of Your Inventory Accounting Method

Tricky Tax Angles to Fringe Benefits

Succession Planning Considerations for Construction Business Owners

How Business Valuators Estimate the DLOM in a Volatile Market

Looking Ahead: 2023 Minimum Wage and Overtime Threshold Increases

Are You Missing the Roth IRA Boat?

Manufacturers: Are You Conducting Productive Employee Reviews?

How to Plan Like a Thoroughbred

Variable Costs vs Fixed Expenses: What’s the Difference?

Business Scalability: How to Build a Scalable Business

Federal Tax News for Individuals: December 2022

8 Compelling Reasons to Outsource Your Accounting Functions

Medicare Coverage: 2023 Premiums and Key Tax Considerations

Don’t Fall for Invoice Fraud Schemes

FAQs About the Family and Medical Leave Act

Expanding Your Nonprofit’s Benefit Offerings

4 Reasons to Update Your Will

Agritourism Liability Insurance Tax Credit

Consider a GRAT to Transfer a Business

Comparing QuickBooks Desktop to QuickBooks Online

Can You Swap Life Insurance for Long-Term Care Insurance?

4 Tax Breaks for Home Improvements

How to Swap Your Highly Appreciated Vacation Home Tax-Free

Double Your Tax Savings with Home Sale Gain Exclusion Plus Like-Kind Exchange

How to Plan When You’re Too Busy to Plan

8 Key Transportation KPIs to Grow Your Business

Prevent Fraud at Your Construction Company With a Holistic Approach

Act Now to Reduce Your Business’s 2022 Tax Bill

Let’s Be Reasonable about Owners’ Compensation

New Challenges of Using Remote Workers

Going Concern Value, Liquidation Value or Somewhere in Between?

Manufacturers Must Act Now to Maximize Depreciation-Related Tax Breaks for 2022

5 Steps to Take Now to Cut Your 2022 Tax Liability

Financial Reporting Check-Up: How Fiscally Fit Is Your Company?

Do You Know the Tax Implications of Equity-Based Compensation?

You Will Die: Business Planning for Unexpected Death

QuickBooks Update: New Business View for QuickBooks Online

Federal Tax News for Businesses: November 2022

Bypass Trusts Can Do More Than You Might Think

All Aboard: Recruiting New Nonprofit Board Members

Independent Contractor or Employee? The Distinction Matters

When a Valuation Professional Finds Fraud

Finding Comparable Transactions to Use in Business Valuation

It’s Time for Businesses to Rethink Their Working Capital Practices

New Law Expands Deduction for Energy-Efficient Commercial Buildings

Does the Judge or Jury Understand Your Expert?

Inventory Your Possessions

What Do the 2023 Cost-of-Living Adjustment Numbers Mean for You?

How Can Small Business Owners Lower Taxes for 2022?

Beware of Improper Employee Retention Credit Claims

The IRS Has Announced Various Tax Benefit Increases for 2023

Inflation Reduction Act Expands Deductions for Energy-Efficient Construction

Addressing Apathy Among Managers and Key Employees

Use an Exit Agreement to Bid Farewell to Nonprofit Executives

Key Questions to Ask Before Joining Another Business

How Valuators Use Visual Aids

Which Level of Assurance Is Right for Your Organization?

Does Your Business Need a Temporary CFO?

U.S. Tax Court Tells Deferred Comp Plan Participant to Pay Up

Inflation Reduction Act Enhances Payroll Tax Break for Small Manufacturers’ Research Expenses

Social Security Wage Base and Earnings Test Amounts Increase in 2023

Social Security Recipients Will Receive a Large Increase in 2023

Bucking the Latest Labor Trends

Is Self-Employment Right for You?

The Minimum Wage for Federal Contractors Is Going Up in 2023

9 Cash-Flow Management Tips for Construction Companies

What to Do When Everyone’s Ready for Your Retirement Except You

Should Your Benefits Program Feature LTC Insurance?

Business Valuations Needed for Private Stock Donations

Don’t Let Tax ID Thieves Steal Your Refund — Or Your Peace of Mind

A Power of Appointment Can Help Protect Your Best Laid Estate Plans

How to Adhere to Nonprofit Compensation Rules

Cash In on Corporate Deductions for Charitable Donations

Inflation Reduction Act Expands Valuable R&D Payroll Tax Credit

Federal Tax News for Individuals: October 2022

Smart Move: Recruit From Within

Please Leave Home Without It

Are Americans Prepared for Disability?

Employer-Sponsored Vision Coverage May Pay for Itself

Tips for Recognizing and Solving Cash Flow Problems

Is a Lease with an Option to Buy a Home Right for You?

Don’t Eat the Bear in One Bite: Planning Your Future in Steps

Avoid Unhappy Returns

Protection Against Tenant Bankruptcy

Protecting Assets When a Spouse Receives Medicaid

What Immediate Actions Must Be Taken Right After Someone Dies?

Who Has Access to Estate Assets Right After Someone Dies?

Estate Planning Issues for Those with Shorter Life Spans

How Some Actions Illegally Discriminate

Make a Tax-Smart Redemption of C Corporation Stock

Why You Need a Buy-Sell Agreement

The Finer Points of Buy-Sell Agreements

Help Family Member Employees Find Their Place

How Financial Reporting Quality Affects Expert Opinions

How Purchase Offers Factor into the Valuation Equation

10 Tips to Help You Combat Rising Costs

Are You Taking Advantage of Tax-Free Income Opportunities?

Our 2021 NewsBlog Archive

2021

New Study Finds Rising Health Benefit Costs

Boosting Your 401(k) Plan's Return

The Common Element Among Unique and Successful Businesses

Federal Tax News for Businesses: January 2022

Tips for Purchasing a New or Used Vehicle

Receivables May Offer Relief When Cash Is Tight

Economic Nexus Threshold Updates

Reviewing Tax Planning Strategies

Common Tax Mistakes to Avoid

Nursing Home Fraud: Studies Expose a Little-Known Risk

Encouraging Employees to Volunteer

How Zoning Requirements Can Affect Your Business

Beware of a 100% Personal Liability Penalty

Bring Home a Tax Credit for Adoption

What Is a Personal Residence Trust and Is It Right for You?

How to Value a Company

What is Cloud Accounting and How Does It Work?

The ABCs of Scholarship Tax Rules

4 Financial Considerations Before You Downsize

The Virtuous Circle of Improving Cash Flow

Using a Trust to Help Financially Straightened Family Members

Commission Fraud: Salespeople Getting Paid More Than They’ve Earned

How Manufacturers Can Avoid Sales and Use Tax Problems

Choosing a Retirement Plan for Your Nonprofit

Coping With New Employee Retention Credit Rules

Bookkeeping for Builders: 8 Tips to Consider

When Subsequent Events Count

Let’s Review the Tax Implications of Investing in Mutual Funds

Feast on Bigger Tax Deductions for Business Meals

Fraud Review: Watch Out for These Financial Scams

IRS Issues Information Letters to Advance Child Tax Credit Recipients & Recipients of the Third Round of Economic Impact Payments

Looking for a 2022 Safety Net for Your Business? Act on EIDL Funding Before Year End

4 Improvements That Can Position Owners for Greater Success

Are You Ready for Possible State Minimum Wage Increases?

8 New Year’s Resolutions for Small Business Owners

Host a Family Meeting To Discuss Your Estate Plan

Prevent Fraud by Envisioning How it Could Occur at Your Organization

Take the Time to Do It Right

Why Do I Owe State Taxes?

Navigating the Tax Angles for ETFs

Close-Up on the Individual AMT

What Can Employers Do with Forfeited Employee FSA Balances?

Become a Winner at Sales by Avoiding These 5 Mistakes

Tax Consequences of Borrowing From a Retirement Plan

The Importance of Reviewing Your Performance

Act Now to Make the Most of Your 2021 Charitable Gifts

Manufacturers: Don’t Miss Out on an R&D Tax Credit

7 Keys for Nonprofit Success in 2022

Workers Back on Site? Offer Them Transportation Benefits

Dos and Don’ts of Crisis Management for Contractors

New Benefits Study: How to Fill Risky Gaps in Coverage, Knowledge

7 Personal Financial Resolutions for 2022

QuickBooks Desktop Plus 2022 Paying Vendor Bills & Payment Approval

Taking Marketability Discounts on Controlling Interests

Recent IRS Guidance Addresses the Taxability of PPP Loan Forgiveness

How to Make the Most of the Annual Gift Tax Exclusion

Turn Customer Complaints Into Value-Building Opportunities

U.S. House Passes the Build Back Better Act

Dynasty Trust Provides a Bridge to Keep on Giving

Two Charitable Trusts that Provide Dual Benefits

Federal Tax News for Businesses: December 2021

The Homebuyer's Dilemma

Intelligent Home Refinancing

Construction and Bridge Loans Designed to Meet Special Needs

TDFs: Look Before You Leap

Striking a Balance Between Retirement Planning and College Saving

Tax Structures in Buying or Selling a Business

Planning Is a Team Sport: Which Teammates Do You Need?

Don’t Forget to Factor 2022 Cost-of-Living Adjustments into Your Year-End Tax Planning

New Law Ends Employer Credit and Changes Cryptocurrency Reporting

7 Tax-Smart Reasons to Hire Your Spouse

Tax Benefit of Separating Repairs from Improvements

Multistate Resident? Watch Out for Double Taxation

How Do I Know What My Home is Really Worth?

Businesses Must Navigate Year-end Tax Planning with New Tax Laws Potentially on the Horizon

The Infrastructure Investment and Jobs Act Includes Tax-Related Provisions You’ll Want to Know About

Potential Tax Law Changes Hang Over Year-End Tax Planning for Individuals

Federal Tax News for Individuals - November 2021

How Fast Can You Write off a Business Vehicle?

Deciding When to Raise Your Prices … and by How Much

How Time Can Affect Planning Success

4 Big Charitable Tax Breaks for 2021

Prioritize Your Insurance Needs

Stretch IRAs Are Dead. Long Live CRTs!

FAQs About Fairness Opinions

Is It Time for a Cost Segregation Study?

How Creditworthy Is Your Construction Business?

Check Kiting Is No Game

Does Your Nonprofit Have UBIT Exposure?

Keeping Payroll Data Confidential

Documents You Must Keep for Tax Purposes

Six Smart Reasons to Keep Scrupulous Records

9 Ideas to Potentially Lower Your Taxes for 2021

Protecting Yourself Against Employee Risk

How to Protect Your Home Investment

Inheriting Money? Considerations for Handling It

Estate Planning: The Need to Know

Maintenance Costs of Owning a Home

Mistake to Avoid: Not Understanding Home Ownership Tax Implications

Avoid Buyer's Remorse, Know the True Cost of Equipment

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