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ALERTS AND ARTICLES
Stay up to date with the most recent industry news and what’s happening at Topel Forman
Attention: Accounting rule delays in the work (July 30, 2019)
Several major accounting rules have been updated in recent years. Some changes are taking a lot more time and effort than expected. So, the standard setters have agreed to propose some temporary relief. Would your organization qualify?
Why your phone may be a fraud risk (July 29, 2019)
In only a decade, mobile phones have changed our daily lives. Unfortunately, fraud has kept pace with technology. Here’s what you need to know to protect your phone and identity.
The “nanny tax” must be paid for more than just nannies (July 25, 2019)
You may have heard of the “nanny tax.” But even if you don’t employ a nanny, it may apply to you.
Businesses can utilize the same information IRS auditors use to examine tax returns (July 24, 2019)
Before conducting an audit, IRS examiners do their homework by reviewing “Audit Technique Guides.” Business owners and executives can easily read the same guides.
Assess for fraud risk before you experience financial losses (July 23, 2019)
Do you look for fraud threats the same way a dishonest employee would, as opportunities with relatively little risk of exposure? You should. Read on for more about conducting a fraud risk assessment.
Thinking about a Roth IRA conversion? Now may be the ideal time (July 17, 2019)
It’s been said that timing is everything. With the reduction of individual income tax rates under the Tax Cuts and Jobs Act, now may be the right time to convert a traditional IRA to a Roth IRA.
Summer: A good time to review your investments (July 16, 2019)
As the old song goes: “Summertime, and the livin’ is easy.” But take some time to review your investment portfolio for possible growth and tax reduction strategies.
Volunteering for charity: Do you get a tax break? (July 11, 2019)
Do you spend time volunteering for charity? While you can’t deduct the value of your time, you may be able to deduct some of the out-of-pocket costs. Here are the rules.
Which entity is most suitable for your new or existing business? (July 10, 2019)
In the past couple of years, major changes have been made to the taxation of both C corporations and pass-through entities (including sole proprietorships). So what’s the best entity choice for your small business?
4 negative outcomes of jointly owning property with a family member (July 8, 2019)
Don’t be caught off guard by the estate planning pitfalls of jointly owning property with loved ones.
Donating your vehicle to charity may not be a taxwise decision (July 2, 2019)
A tax deduction isn’t the only reason for donating a vehicle to charity. But if you’re counting on one, make sure you understand the rules. You may wind up with a small deduction or none at all.
Ease itemized deduction limitations using a nongrantor trust (June 27, 2019)
Nongrantor trusts are gaining popularity, as current estate planning objectives have moved from limiting estate tax liability to reducing income taxes. Learn why.
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Attention: Accounting rule delays in the work (July 30, 2019)
Several major accounting rules have been updated in recent years. Some changes are taking a lot more time and effort than expected. So, the standard setters have agreed to propose some temporary relief. Would your organization qualify?
Why your phone may be a fraud risk (July 29, 2019)
In only a decade, mobile phones have changed our daily lives. Unfortunately, fraud has kept pace with technology. Here’s what you need to know to protect your phone and identity.
The “nanny tax” must be paid for more than just nannies (July 25, 2019)
You may have heard of the “nanny tax.” But even if you don’t employ a nanny, it may apply to you.
Businesses can utilize the same information IRS auditors use to examine tax returns (July 24, 2019)
Before conducting an audit, IRS examiners do their homework by reviewing “Audit Technique Guides.” Business owners and executives can easily read the same guides.
Assess for fraud risk before you experience financial losses (July 23, 2019)
Do you look for fraud threats the same way a dishonest employee would, as opportunities with relatively little risk of exposure? You should. Read on for more about conducting a fraud risk assessment.
Thinking about a Roth IRA conversion? Now may be the ideal time (July 17, 2019)
It’s been said that timing is everything. With the reduction of individual income tax rates under the Tax Cuts and Jobs Act, now may be the right time to convert a traditional IRA to a Roth IRA.
Summer: A good time to review your investments (July 16, 2019)
As the old song goes: “Summertime, and the livin’ is easy.” But take some time to review your investment portfolio for possible growth and tax reduction strategies.
Volunteering for charity: Do you get a tax break? (July 11, 2019)
Do you spend time volunteering for charity? While you can’t deduct the value of your time, you may be able to deduct some of the out-of-pocket costs. Here are the rules.
Which entity is most suitable for your new or existing business? (July 10, 2019)
In the past couple of years, major changes have been made to the taxation of both C corporations and pass-through entities (including sole proprietorships). So what’s the best entity choice for your small business?
4 negative outcomes of jointly owning property with a family member (July 8, 2019)
Don’t be caught off guard by the estate planning pitfalls of jointly owning property with loved ones.
Donating your vehicle to charity may not be a taxwise decision (July 2, 2019)
A tax deduction isn’t the only reason for donating a vehicle to charity. But if you’re counting on one, make sure you understand the rules. You may wind up with a small deduction or none at all.
Ease itemized deduction limitations using a nongrantor trust (June 27, 2019)
Nongrantor trusts are gaining popularity, as current estate planning objectives have moved from limiting estate tax liability to reducing income taxes. Learn why.
No results found.
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