The ins and outs of using "Accountable Plans to" save taxes

When an employer pays an expense reimbursement or advance to an employee - regardless of whether the employee incurs or

Contemplate your company's compensation philosophy

A good way to start is to consider the practices of your peers. This doesn't mean you have to copy them.

What 2015 tax records can you toss once you ve filed your return?

At minimum, keep tax records for as long as the IRS has the ability to audit your return or assess additional taxes...

Tax scams take many forms

AVOID TAX SCAMS WITH VIGILANCE AND COMMON SENSE.
Scammers have targeted US taxpayers for decades with various schemes, often

Entrepreneurs what can you deduct and when?

Starting a new business is an exciting time. But before you even open the doors, you generally have to spend a lot of money.

Tax smart gifting strategies

3 INCOME-TAX-SMART GIFTING STRATEGIES If your 2015 tax liability is higher than you'd hoped and you're ready to transfer

Make a 2015 contribution to an ira before time runs out

Tax credits reduce tax liability dollar-for-dollar, making them particularly valuable. Two valuable credits are especially for small businesses that offer

Benefits related small businesses tax credits

WHAT'S YOUR CHARITABLE DONATION DEDUCTION? When it comes to deducting charitable gifts, all donations are not created equal.

Education related tax breaks

While the IRS does not offer deductions for Ramen noodles and beer, there are many college related expenses which do qualify for...

5 ways to cut costs and improve cash flow

When business owners start to feel the choking effect of a slow cash flow, they often blame their customers. "Why

Major shift in lease accounting could cause major headaches

Under current U.S. Generally Accepted Accounting Principles (GAAP), companies are required to...

Following the new path

Manufacturers and distributors tend to invest heavily in equipment, technology upgrades and leasehold improvements.