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Why it’s important to plan for income taxes as part of your estate plan Individuals

Why it’s important to plan for income taxes as part of your estate plan

As a result of the current estate tax exemption amount ($11.58 million in 2020), many…
September 30, 2020
Why face-to-face meetings with your auditor are important Accounting

Why face-to-face meetings with your auditor are important

Remote audit procedures can help streamline the audit process and protect the parties from health…
September 26, 2020
Business website costs: How to handle them for tax purposes Business

Business website costs: How to handle them for tax purposes

The business use of websites is widespread. But surprisingly, the IRS hasn’t yet issued formal…
September 22, 2020
Can investors who manage their own portfolios deduct related expenses? Individuals

Can investors who manage their own portfolios deduct related expenses?

In some cases, investors have significant related expenses, such as the cost of subscriptions to…
September 22, 2020
How to report COVID-19-related debt restructuring Accounting

How to report COVID-19-related debt restructuring

Today, many banks are working with struggling borrowers on loan modifications. Recent guidance from the…
September 19, 2020
When should you pay nonprofit board members? Nonprofit

When should you pay nonprofit board members?

Most for-profit companies compensate the directors who serve on their boards. But not-for-profit board members…
September 17, 2020
Weighing the risks vs. rewards of a mezzanine loan Business

Weighing the risks vs. rewards of a mezzanine loan

To say that most small to midsize businesses have at least considered taking out a…
September 17, 2020
Tax implications of working from home and collecting unemployment Individuals

Tax implications of working from home and collecting unemployment

COVID-19 has changed our lives in many ways, and some of the changes have tax…
September 15, 2020
2020 Q4 tax calendar: Key deadlines for businesses and other employers Business

2020 Q4 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…
September 15, 2020
On-time financial reporting is key in times of crisis Accounting

On-time financial reporting is key in times of crisis

Many companies are struggling as a result of shutdowns and restructurings during the COVID-19 crisis.…
September 12, 2020
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