Thought Leadership

Office Folders

You Can Still Trim Your 2019 Tax Bill

With fall in the air, it is time to turn your attention to year-end tax planning. During the first tax filing season under the 2019 Tax Cuts and Jobs Act (TCJA), several clear strategies and tactics emerged. However, subsequent years bring potential twists that must be considered. Let’s take a…

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Thinking About Converting from a C Corporation to an S Corporation?

The right entity choice can make a difference in the tax bill you owe for your business. Although S corporations can provide substantial tax advantages over C corporations in some circumstances, there are plenty of potentially expensive tax problems that you should assess before making the decision…

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Reporting Income Taxes Just Got Simpler

Businesses have lamented for years that the guidance under Accounting Standards Codification Topic 740, Income Taxes, includes too many mechanical rules and exceptions. As a result, it often yields information that’s challenging for investors to comprehend. These complaints intensified with the…

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Accelerate Depreciation Deductions with a Cost Segregation Study

Is your business depreciating over a 30-year period the entire cost of constructing the building that houses your operation? If so, you should consider a cost segregation study. It may allow you to accelerate depreciation deductions on certain items, thereby reducing taxes and boosting cash flow.…

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U.S. Imposes Tariffs on $7.5 Billion in EU Goods

On October 18, 2019, the United States imposed additional tariffs on a range of imports from the European Union (EU) that include 10% tariffs on civilian aircrafts and 25% tariffs on a range of products. The tariffs follow a World Trade Organization (WTO) arbitration decision that commenced on…

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Pump-And-Dump Schemes: Don’t Believe the Hype

When the value of a stock skyrockets, its investors may think they’ve hit the jackpot. But if the stock in question is part of a “pump-and-dump” scheme, investors may, in fact, lose their shirts. Here’s how to avoid getting taken by this type of investment fraud.

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