How to Defer Taxes on Sale of Business Equipment
- May 8, 2016
written by Eric Lampe Under Code Sec. 1031, a taxpayer can make a tax-free exchange of property held for productive use...
A Short Window for Congress to Agree on Tax Legislation
- May 3, 2016
Tax reform continues to be highly touted in Congress as lawmakers from both parties call for simplification of countless complex rules,...
Will President Obama’s FY 2017 Budget Affect Your Business?
- March 13, 2016
written by Amy Shewmaker Small business incentives, reforms to ACA taxes, and other proposals in Obama’s FY 2017 budget could gain...
How Do I Prove Business Expenses?
- March 3, 2016
written by Connor O’Mealy Keeping good records will help a business when preparing their business tax return, and will help support...
IRS Budget Increase Aims to Improve Customer Service, Cybersecurity, and Curb Identity Theft
- February 11, 2016
written by Olivia Tinkler After a challenging year of identity theft with the IRS, 2016 should be the start to many...
How Employers Compute Employee Payroll Taxes
- January 17, 2016
written by Connor O’Mealy Any business that has employees is required to withhold income taxes on payments to each employee. Each...
An Update on 2015 Year-End Tax Legislation
- January 14, 2016
written by Jacob Hall Congress passed and put into effect two new laws: the Protecting Americans from Tax Hikes Act of...
ACA Update: How to Determine Your Filing Requirements
- December 16, 2015
written by Jacque Mattson There are various items under the Affordable Care Act (ACA) that may cause headaches over the next...
Early Planning Can Make 2016 Filing Season Easier
- December 13, 2015
written by Melinda Thurman As the current year comes to an end, a new tax filing season begins. Mid-April may seem...