Feb 21, 2017 | Firm Updates, Individual Tax, Tax Tips
Rather than keeping track of the actual cost of operating a vehicle, employees and self-employed taxpayers can use a standard mileage rate to compute their deduction related to using a vehicle for business. But you might also be able to deduct miles driven for other...
Feb 14, 2017 | Firm Updates, Individual Tax, Tax Tips
Last year you may have made significant gifts to your children, grandchildren or other heirs as part of your estate planning strategy. Or perhaps you just wanted to provide loved ones with some helpful financial support. Regardless of the reason for making a gift,...
Feb 7, 2017 | Firm Updates, Individual Tax
Incentive stock options (ISOs) allow you to buy company stock in the future at a fixed price equal to or greater than the stock’s fair market value on the grant date. If the stock appreciates, you can buy shares at a price below what they’re then trading for. However,...
Feb 3, 2017 | Firm Updates, International Tax
Please click here to read Linda’s Bruckner’s article “Tax Implications of Purchasing Real Estate from a Foreign Person—What You Need to Know.” This article originally appeared in the February 2017 TaxStringer and is reprinted with permission...
Feb 1, 2017 | Firm Updates, Small Business, Tax Tips
The Section 199 deduction is intended to encourage domestic manufacturing. In fact, it’s often referred to as the manufacturers’ deduction. But this potentially valuable tax break can be used by many other types of businesses besides manufacturing companies. Sec. 199...
Jan 26, 2017 | Firm Updates
We are pleased to announce the launch of our new International Tax Blog. The blog features original content written by members of our International Tax Group. Each week, a new blog post examines a specific international tax issue and how it affects individuals or...
