Tax Planning vs. Financial Planning: Why You Need to Understand the Difference

Many business owners assume tax planning is something to think about later – often lumped together with retirement or viewed as a byproduct of financial

Recent blogs

Reassessing Some SALT Deduction Workarounds

In the runup to the 2017 tax reform package, the State And Local Tax deduction “loophole” fell into the crosshairs. Lawmakers predicted that lowering the

Why Are Tax Industry Experts Leary of Proposed Tax Cuts?

We don’t always agree and regardless the issue, there are always arguments on both sides, and discussions are often heated. Expect nothing less toward proposed

Is The New Tax Cut For Qualified Improvement Property Unfair to Restaurants?

Some laws are enacted because they appear to provide solutions to issues in need of resolution. That seemed to have been the case with the

IRS Encourages Tax Pros to WARN Clients: ID Theft Against Employers

A swelling wave of identity theft attempts against employers has the IRS pretty concerned. So much so, it is offering advice about how business owners

Taxpayers Proceed With Caution Warns the IRS

Not so fast, taxpayers! Proceed with caution, warns the IRS, after New York and New Jersey approved workarounds involving charitable organizations. Earlier this year New

Quill Overturned! – How Does This Effect Retailers?

Have you heard? The Supreme Court ruled on South Dakota v. Wayfair and Quill v. North Dakota has been overturned. What does this mean? Online

Sole Proprietorships and Corporations: Do Clients Understand the Difference?

Sole Proprietors and Corporations Have you noticed? Small businesses have been populating the business landscape in clusters? They represent all industries, sizes, and varieties. Some

Brace For the Impact Federal Tax Cap on State and Local Deductions

Will new charitable tax credits being considered by California and other states have any impact on the 2017 federal tax overhaul’s cap on state and

California Courts Put the Squeeze on Statewide Hiring Practices

In an effort to even the playing field, a unanimous decision by the California Supreme Court recently put business owners across the state in somewhat