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President Trump’s campaign promise to abolish the federal estate tax may or may not be realized. Meanwhile, the ‘death tax’ still exists, and it continues to be a major concern for high net-worth taxpayers, including the owners of successful small companies. If a deceased taxpayer has...

Employers: For Social Security, Medicare, and withheld income tax, file IRS Form 941 for the third quarter of 2017. Deposit any undeposited tax. (If your tax liability is less than $2,500, you can pay it in full with a timely filed return). If you deposited...

Today’s businesses face unprecedented uncertainty — from geopolitical risks and cyberthreats to tax and regulatory reforms. So, management’s historical means of addressing uncertainty in accounting estimates may not pass muster in the coming audit season. Accounting for uncertainty Some financial statement items are relatively standard, but others...