Category

Tax

Capitalizing on Your Home Office Deduction
Tax
August 19, 2019

Capitalizing on Your Home Office Deduction

With the rise of technology, we are able to email, file share, video conference and more without ever having to step foot in a traditional office setting. Between technological advancements and greater self-employment opportunities in…
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Section 163(j): The Business Interest Expense Limitation
Tax
August 15, 2019

The New Business Interest Expense Limitation and What It Means for You

The 2017 passage of the Tax Cuts and Jobs Act (TCJA) imposed a new limitation, known as “section 163(j) limitation”, on deductions for business interest expenses. Prior to the TCJA, section 163(j) of the Internal…
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HRA vs. HSA: Understanding Your Healthcare Options
Tax
August 12, 2019

HRA vs. HSA: Understanding Your Healthcare Options

In 2010 President Barack Obama officially signed the Affordable Care Act (ACA) into effect, thereby requiring employers with at least 50 employees (or full-time equivalents) to provide health benefits and pay for a significant portion…
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M&A Tax: Navigating the Tax Implications
Tax
July 18, 2019

M&A: Navigating the Tax Implications

Mergers and acquisitions (M&A) involves the combination of two entities into a single company.  M&A activities are on the rise in the United States. In the last two years, we have witnessed prominent American companies…
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How to Hire and Utilize Independent Contractors
Tax
July 15, 2019

Independent Contractors: How to Utilize the Alternative Workforce

The ways in which people work, live and spend their money have changed dramatically in the last decade. Smartphone technology and hyper-connectivity are key factors to the revolution. Apps such as Uber, Lyft, Takl and…
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Untangling the Complexities of Section 179 Vehicle Deductions
Tax
July 12, 2019

Untangling the Complexities of Section 179 Vehicle Deductions + Vehicle Deduction List

The Ultimate Section 179 Vehicle Deduction List Audi Audit Q7 3.0T Premium Audi Q7 3.0L TDI BMW X5 M BMW X5 XDrive351 BMW X6 M BMW X6 XDrive351 Buick Enclave 2WD Buick Enclave 4WD Cadillac…
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Bartering Income is Taxable Income: Key Points to Know
Tax
July 11, 2019

Bartering Income is Taxable Income: Key Points to Know

In today’s economy and the ever-evolving digital world, exchanging goods and services with another business or individual, known as bartering, is common practice. In fact, the International Reciprocal Trade Association (IRTA) estimates the annual volume…
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Tax
July 3, 2019

Which entity is most suitable for your new or existing business?

The Tax Cuts and Jobs Act (TCJA) has changed the landscape for business taxpayers. That’s because the law introduced a flat 21% federal income tax rate for C corporations. Under prior law, profitable C corporations…
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Tax
July 1, 2019

In pursuit of global tax transparency

In today’s global economy, multinational corporations engage in numerous cross-border transactions. But how they report those transactions is often vague. To help minimize stakeholders’ exposure to potential hidden risks, the Financial Accountability & Corporate Transparency…
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Tax
June 28, 2019

2019 Q3 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 third quarter of 2019. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply…
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