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10
MAR
2020
INDIVIDUAL TAX BRIEF FOR MARCH 10

The 2019 gift tax return deadline is coming up

April 15 isn’t only the income tax return deadline. It’s also the gift tax return deadline for people who made large gifts last year. Find out if you’re required to file a 2019 gift tax return this April (or if you may want to file one anyway).
09
MAR
2020
SMALL BUSINESS TAX BRIEF FOR MARCH 9

Determine a reasonable salary for a corporate business owner

When it comes to executive compensation, C corporation owners need to keep it “reasonable.” Here’s why.
04
MAR
2020
BUSINESS BRIEF FOR MARCH 4

How’s your buy-sell agreement doing these days?

Life comes at you fast, and so can business ownership changes. If your company has multiple owners, be sure to establish a buy-sell agreement and revisit it regularly.
03
MAR
2020
INDIVIDUAL TAX BRIEF FOR MARCH 3

Home is where the tax breaks might be

Buying a home and want to know how much of a tax break you’ll get for paying mortgage interest? Here are the rules.
02
MAR
2020
SMALL BUSINESS TAX BRIEF FOR MARCH 2

Work Opportunity Tax Credit extended through 2020

The Work Opportunity Tax credit was set to expire on Dec. 31, 2019. But a law passed late last year extends it through Dec. 31, 2020. Here’s how employers can benefit.
26
FEB
2020
BUSINESS BRIEF FOR FEBRUARY 26

Give your 401(k) plan a checkup at least once a year

The health and well-being of your 401(k) plan calls for regular attention and care. Here are some important issues to examine.
25
FEB
2020
INDIVIDUAL TAX BRIEF FOR FEBRUARY 25

Tax credits may help with the high cost of raising children

The child tax credit is more valuable than it was a few years ago. In addition, more taxpayers are able to benefit from it. Here are the rules.
24
FEB
2020
SMALL BUSINESS TAX BRIEF FOR FEBRUARY 24

Do you run your business from home? You might be eligible for home office deductions

Do you operate your business from home or perform certain functions at home that are related to your business? You might be able to claim home office deductions on your tax return.
19
FEB
2020
BUSINESS BRIEF FOR FEBRUARY 19

Digital documents with e-signatures aren’t going away

You’ve probably had to electronically sign for something in the past few months. Are you offering this convenience to your customers? Maybe you should.
18
FEB
2020
SMALL BUSINESS TAX BRIEF FOR FEBRUARY 18

How business owners may be able to reduce tax by using an S corporation

If you conduct your business as an S corporation, you’ll be subject to income tax, but not self-employment tax, on your share of the S corporation’s income. Could this be the entity for you?