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Copyright 2017

According to IRS Publication 5137, Fringe Benefit Guide, a fringe benefit is "a form of pay (including property, services, cash or cash equivalent), in addition to stated pay, for the performance of services." But the tax treatment of a fringe benefit can vary dramatically based on the type of benefit.

Generally, the IRS takes one of four tax approaches to fringe benefits:

Copyright 2017

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2017. Keep in mind that this list isn't all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you're meeting all applicable deadlines and to learn more about the filing requirements.

Copyright 2017

If you acquire a company, your to-do list will be long, which means you can't devote all of your time to the deal's potential tax implications. However, if you neglect tax issues during the negotiation process, the negative consequences can be serious. To improve the odds of a successful acquisition, it's important to devote resources to tax planning before your deal closes.

Copyright 2017

Many people dream of making money pursuing a favorite hobby. By starting a sideline business, you could be eligible for a treasure chest of tax deductions.

Copyright 2017

Unemployment tax rates for employers vary from state to state. Your unemployment tax bill may be influenced by the number of former employees who've filed unemployment claims with the state, your current number of employees and your business's age.

Copyright 2017

Get the most from Social Security.  Younger retirees face a harsh penalty for working part-time. For every $2 earned over $16,920 in 2017 (up from $15,720 in 2016), you lose $1 in Social Security benefits. In the year you reach full retirement age, a higher earnings threshold applies.

Copyright 2017

Tax reform has been a major topic of discussion in Washington, but it's still unclear exactly what such legislation will include and whether it will be signed into law this year.

Copyright 2017

When you take out personal lonas to buy a business, you want to maximize the tax write-offs for the resulting interest expense. The tax law in this area is tricky. But if you play your cards right, you can get the best possible outcome.

If you own commervial property, you're probably depreciating it over 39 years. That means that every year, you deduct 1/39th of the property's value (excluding land) from your taxes. Depending on the value of your property, you could generate a million dollars or more in depreciation deductions over the 39 years.

Copyright 2017
Donating to charity is more than good business citizenship; it can also save tax. Here are three lesser-known federal income tax breaks for charitable donations by businesses.

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