Monthly Archives

March 2018

Tax
March 26, 2018

2018 Q2 tax calendar: Key deadlines for businesses and other employers

Here are some of the key tax-related deadlines affecting businesses and other employers during the second quarter of 2018. Keep…
Read More
Defer Tax With a Section 1031 Exchange
Tax
March 21, 2018

Defer Tax with a Section 1031 Exchange, But New Limits Apply This Year

Normally when appreciated business assets such as real estate are sold, tax is owed on the appreciation. But there’s a…
Read More
Uncategorized
March 17, 2018

How materiality is established in an audit or a review

When accountants conduct an audit or review, they can’t test every transaction. Instead, they set a “materiality” threshold. This benchmark…
Read More
Tax
March 17, 2018

Tax credit for hiring from certain “target groups” can provide substantial tax savings

Many businesses hired in 2017, and more are planning to hire in 2018. If you’re among them and your hires…
Read More
Tax
March 12, 2018

Make sure repairs to tangible property were actually repairs before you deduct the cost

Repairs to tangible property, such as buildings, machinery, equipment or vehicles, can provide businesses a valuable current tax deduction —…
Read More
March Tax Newsletter
March 6, 2018

CORPORATE – Tax Reform and Financial Statement Reporting – What You Need to Know

Shortly after the Tax Act was enacted, SEC staff issued SAB 118, which provides guidance for accounting for tax reform. …
Read More
Tax
March 5, 2018

Don’t forget: 2017 tax filing deadline for pass-through entities is March 15

When it comes to income tax returns, April 15 (actually April 17 this year, because of a weekend and a…
Read More