May 27, 2022
The 1031 exchange is a common tax planning opportunity, but understanding the requirements is vital to obtaining the expected tax result. Here are the rules surrounding a 1031 exchange.ViewApril 26, 2022
The Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in late 2019, greatly expanded retirement tax benefits to companies and their employees. Some key provisions of SECURE Act 2.0 are discussed here.ViewFebruary 18, 2022
Many companies offer the common 401(k) retirement to their employees, including the owners. Oftentimes, owners and their employees are unaware of additional planning strategies that are available to them that could improve their personal tax situations.ViewDecember 3, 2021
As we continue to navigate through the pandemic, many employers are facing hiring needs.ViewAugust 27, 2021
Here are key factors to consider as you prepare your business for a future sale.ViewJune 29, 2021
In private companies, the shareholder(s) and/or their family members are often employees of the corporation. It is important for business owners to ensure that compensation paid to a shareholder-employee is reasonable.ViewMay 14, 2021
The passage of The Consolidated Appropriations Act and The American Rescue Plan were both geared toward stimulating the economy and providing pandemic-related financial benefits to businesses and individuals.ViewFebruary 5, 2021
Here are highlights of the plan’s tax and government aid proposals that will impact small businesses as well as their employees.ViewDecember 7, 2020
As an employer, it is vital to understand the rules surrounding taxable and non-taxable fringe benefits.ViewOctober 8, 2020
2020 has been a challenging year for state budgets. Business closures and stay-at-home orders have caused substantial decreases in income tax and non-income tax revenues. Yet even before coronavirus caused nationwide disruption to the economy, many states were struggling financially.View