Feb 5, 2019 | Firm Updates, Individual Tax, Tax Tips
The IRS opened the 2018 income tax return filing season on January 28. Even if you typically don’t file until much closer to the April 15 deadline, this year consider filing as soon as you can. Why? You can potentially protect yourself from tax identity theft—and reap...
Feb 4, 2019 | Firm Updates, High Technology
Finding a qualified controller or CFO is not always easy. Demand for professionals with the right skill set is high, making recruiting difficult. And as a start-up business, you may be growing fast, which makes keeping up with back-office demands more challenging....
Feb 1, 2019 | Firm Updates, Individual Tax, Small Business
One of the provisions of the Tax Cuts and Jobs Act—the Section 199A Deduction for Qualified Business Income of Pass-through Entities (S199A)—is generating great anticipation for many taxpayers. This section of tax law provides a deduction to individuals, trusts, and...
Jan 29, 2019 | Firm Updates, Small Business, Tax Tips
Commercial buildings and improvements generally are depreciated over 39 years, which essentially means you can deduct a portion of the cost every year over the depreciation period. (Land is not depreciable.) But special tax breaks that allow deductions to be taken...
Jan 25, 2019 | Firm Updates, Individual Tax
When someone asks you to serve as executor of his or her estate, it is generally meant as a compliment that he or she trusts you to serve in this important role. But don’t simply accept the role before you have given the matter serious thought. Not only does the...
Jan 22, 2019 | Firm Updates, Individual Tax, Tax Tips
If you’re like many Americans, letters from your favorite charities have been appearing in your mailbox in recent weeks acknowledging your 2018 year-end donations. But what happens if you haven’t received such a letter—can you still claim an itemized deduction for the...
