How Lifestyle Analysis Helps Find the Money
A business owner first became suspicious when one of her managers bought an expensive boat that seemed beyond his pay grade. A closer look at the employee and his department
Find What Your Looking For
Category: Home
What You Can Deduct When Volunteering
Because donations to charity of cash or property generally are tax deductible (if you itemize), it only seems logical that the donation of something even more valuable to you —
Source: Wahrheit Ventures
Recognizing tax burdens, the U.S. areas with the highest cost of living are Manhattan, San Francisco, Silicon Valley, and Brooklyn, in that order. Among 253 locations studied, total taxes as
July 16
Employers: For Social Security, Medicare, withheld income tax, and non-payroll withholding, deposit the tax for payments in June, if the monthly rule applies.
More Give in the Gift Tax
The Tax Cuts and Jobs Act of 2017 increased the federal estate tax exemption to $11.18 million for 2018. That is per person, so the combined exemption for a married
Do Not Neglect Estate Planning
As the federal estate exemption now exceeds $11 million per person, few individuals or married couples will ever owe this tax. Nevertheless, there is more to successful wealth transfer than
Moving Your Business to a Low-Tax State
The Tax Cuts and Jobs Act of 2017 has put a cap on state and local tax (SALT) deductions. Beginning with your 2018 tax return, if you itemize deductions, you
Three Keys to a Successful Accounting System Upgrade
Technology is tricky. Much of today’s software is engineered so well that it will perform adequately for years, but new and better features are being created all the time. In
Run the Numbers Before You Extend Customer Credit
Funny thing about customers: they can keep you in business but they also can put you out of it. The latter circumstance often arises when a company overly relies on
Should Your Non-Profit Hold Virtual Board Meetings?
Your non-profit’s board of directors meetings do not always need to be performed up-close and personal in the same room. Many organizations hold virtual board meetings via phone and with