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Publications

Thursday, June 21, 2018

Watch Out for these Tax Issues When Planning for Your Business in 2018

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The Tax Cuts and Jobs Act makes sweeping changes. But some of the new provisions won’t necessarily be relevant to your situation. Here’s a quick reference guide to the major changes under the new law to help you understand what’s changing. READ MORE

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Tuesday, June 19, 2018

Will States Conform to the New Tax Rules?

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Many state legislatures are now in session. A major issue that state lawmakers may currently face is whether to conform their state income tax systems to all the changes included in the Tax Cuts and Jobs Act (TCJA). Some states are considering or have adopted legislation to address the following key provisions of the new tax […]

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Wednesday, June 13, 2018

Supreme Court Sides with Employers on Arbitration Agreements

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The Supreme Court often agrees to rule on questions upon which individual appeals courts have reached different conclusions, to create a uniform national legal standard. READ MORE

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Wednesday, June 13, 2018

New Tax Benefits of Hiring Your Kid

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Summer jobs can be an effective way to teach children about financial responsibility, encourage them to save for college or retirement, and provide them with spending money during the school year. If you own a business, consider hiring your child (or grandchild) as a legitimate employee. It can be a smart tax-saving strategy for employee and […]

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Thursday, June 7, 2018

6 Cool Ways to Save Taxes during the Hot Summer Months

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The Tax Cuts and Jobs Act (TCJA) may have put a crimp in some of your summer plans by eliminating or scaling back certain tax breaks. But individuals and small business owners still have plenty of opportunities to save taxes. Here are six ideas to consider this summer. READ MORE

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Thursday, May 31, 2018

Supreme Court Spotlights Employee Status: Exempt or Not?

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Thousands of cases are appealed to the U.S. Supreme Court every year, but usually fewer than 100 get a full-blown hearing and ruling. One case that made it through in the current court term is Encino Motorcars v. Navarro. On the surface, this case looks at whether car dealer service advisors are exempt or nonexempt. But the […]

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Wednesday, May 30, 2018

New Tax Law Boosts Appeal of Qualified Small Business Corporations

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Would you like to invest in a business that allows you to subsequently sell your stock tax-free? That may be possible with qualified small business corporation (QSBC) stock that’s acquired on or after September 28, 2010. Sales of QSBC stock are potentially eligible for a 100% federal income tax exclusion. That translates into a 0% federal […]

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Tuesday, May 29, 2018

Tax Reform Planning Checklist

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As the biggest change to the tax code in a generation, the new tax regime will have broad implications on both businesses and the people behind them. But what does the new law really mean for your business and your industry both now and in the years to come? As we near the 100th day […]

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Wednesday, May 23, 2018

Know the Rules Before Checking Employee Medical Records

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When employees request time off under the Family and Medical Leave Act (FMLA), employers need to tread carefully. The FMLA can be a minefield in several ways, including how to document eligibility for leave. In the simple words of the Department of Labor, employees would qualify for time off under the act if a serious condition […]

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Wednesday, May 23, 2018

Should Your Business Be a C Corporation or a Pass-Through Entity?

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The Tax Cuts and Jobs Act (TCJA) introduced a flat 21% federal income tax rate for C corporations for tax years beginning in 2018 and beyond. Under prior law, profitable C corporations paid up to 35%. This change has caused many business owners to ask: What’s the optimal choice of entity for my start-up business? READ […]

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