About Topel Forman

ALERTS AND ARTICLES

Stay up to date with the most recent industry news and what’s happening at Topel Forman

The Department of Labor proposes updated overtime rule (March 26, 2019)

The Department of Labor proposes updated overtime rule (March 26, 2019)

The Trump administration has released its long-awaited proposed rule to update the overtime exemptions for so-called white-collar workers under the Fair Labor Standards Act.
No, it’s not unusual to include your pet in your estate plan (March 22, 2019)

No, it’s not unusual to include your pet in your estate plan (March 22, 2019)

Approximately 85 million U.S. families own a pet, according to a 2017-2018 National Pet Owners survey. If your family owns a pet, consider including a pet trust in your estate plan.
Moving a trust over state lines can offer tax savings and other benefits (March 18, 2019)

Moving a trust over state lines can offer tax savings and other benefits (March 18, 2019)

It’s perfectly natural to set up trusts in the state where you live, but you may be losing out on significant benefits available in more “trust-friendly” states.
Automating your accounting department (March 15, 2019)

Automating your accounting department (March 15, 2019)

Robotic process automation (RPA) is the wave of the future … even in the accounting department. Find out best practices for getting started with automation software for routine financial reporting tasks.
Does it still make sense for employers to reimburse employees’ moving expenses? (March 13, 2019)

Does it still make sense for employers to reimburse employees’ moving expenses? (March 13, 2019)

Some employers reimburse employees for moving expenses. But tax law reform has suspended the job-related moving expense deduction as well as employers’ tax-free treatment for reimbursements. Now’s a good time to review your approach.

Using knowledge management to develop your succession plan (March 12, 2019)

When you step down from your company, your winning smile won’t be the only thing walking out the door. Your knowledge will be, too. That’s why your succession planning should include knowledge management.
Will leasing equipment or buying it be more tax efficient for your business? (March 11, 2019)

Will leasing equipment or buying it be more tax efficient for your business? (March 11, 2019)

When deciding whether to lease or buy equipment or other fixed assets, there are a multitude of factors to consider, including tax implications.
Prevent fraud with the help of your audit committee (March 8, 2019)

Prevent fraud with the help of your audit committee (March 8, 2019)

Audit committees need to conduct risk assessments and be informed about recent accounting developments. These are only two best practices for preventing fraud. What are the others?
Audits hone in on cybersecurity (March 7, 2019)

Audits hone in on cybersecurity (March 7, 2019)

Technology creates both opportunities and risks. Have you identified and safeguarded against potential breaches of your digital assets and data? Your auditor wants to know.
Vehicle-expense deduction ins and outs for individual taxpayers (March 6, 2019)

Vehicle-expense deduction ins and outs for individual taxpayers (March 6, 2019)

Rather than keeping track of your actual vehicle-related expenses, you can use a standard mileage rate to compute related tax deductions. But when are individual taxpayers eligible to deduct vehicle-related expenses?
Are your employees ignoring their 401(k)s? (March 5, 2019)

Are your employees ignoring their 401(k)s? (March 5, 2019)

No one should take his or her 401(k) plan for granted. And yet, it happens. Help your employees maintain their awareness of this important benefit.
Careful tax planning required for incentive stock options (March 4, 2019)

Careful tax planning required for incentive stock options (March 4, 2019)

If you were granted incentive stock options (ISOs) in 2018, there likely isn’t any impact on your 2018 income tax return. But if in 2018 you exercised ISOs or sold stock you acquired via exercising ISOs, then it could affect your 2018 tax liability. Here’s why.
No results found.
The Department of Labor proposes updated overtime rule (March 26, 2019)

The Department of Labor proposes updated overtime rule (March 26, 2019)

The Trump administration has released its long-awaited proposed rule to update the overtime exemptions for so-called white-collar workers under the Fair Labor Standards Act.
No, it’s not unusual to include your pet in your estate plan (March 22, 2019)

No, it’s not unusual to include your pet in your estate plan (March 22, 2019)

Approximately 85 million U.S. families own a pet, according to a 2017-2018 National Pet Owners survey. If your family owns a pet, consider including a pet trust in your estate plan.
Moving a trust over state lines can offer tax savings and other benefits (March 18, 2019)

Moving a trust over state lines can offer tax savings and other benefits (March 18, 2019)

It’s perfectly natural to set up trusts in the state where you live, but you may be losing out on significant benefits available in more “trust-friendly” states.
Automating your accounting department (March 15, 2019)

Automating your accounting department (March 15, 2019)

Robotic process automation (RPA) is the wave of the future … even in the accounting department. Find out best practices for getting started with automation software for routine financial reporting tasks.
Does it still make sense for employers to reimburse employees’ moving expenses? (March 13, 2019)

Does it still make sense for employers to reimburse employees’ moving expenses? (March 13, 2019)

Some employers reimburse employees for moving expenses. But tax law reform has suspended the job-related moving expense deduction as well as employers’ tax-free treatment for reimbursements. Now’s a good time to review your approach.

Using knowledge management to develop your succession plan (March 12, 2019)

When you step down from your company, your winning smile won’t be the only thing walking out the door. Your knowledge will be, too. That’s why your succession planning should include knowledge management.
Will leasing equipment or buying it be more tax efficient for your business? (March 11, 2019)

Will leasing equipment or buying it be more tax efficient for your business? (March 11, 2019)

When deciding whether to lease or buy equipment or other fixed assets, there are a multitude of factors to consider, including tax implications.
Prevent fraud with the help of your audit committee (March 8, 2019)

Prevent fraud with the help of your audit committee (March 8, 2019)

Audit committees need to conduct risk assessments and be informed about recent accounting developments. These are only two best practices for preventing fraud. What are the others?
Audits hone in on cybersecurity (March 7, 2019)

Audits hone in on cybersecurity (March 7, 2019)

Technology creates both opportunities and risks. Have you identified and safeguarded against potential breaches of your digital assets and data? Your auditor wants to know.
Vehicle-expense deduction ins and outs for individual taxpayers (March 6, 2019)

Vehicle-expense deduction ins and outs for individual taxpayers (March 6, 2019)

Rather than keeping track of your actual vehicle-related expenses, you can use a standard mileage rate to compute related tax deductions. But when are individual taxpayers eligible to deduct vehicle-related expenses?
Are your employees ignoring their 401(k)s? (March 5, 2019)

Are your employees ignoring their 401(k)s? (March 5, 2019)

No one should take his or her 401(k) plan for granted. And yet, it happens. Help your employees maintain their awareness of this important benefit.
Careful tax planning required for incentive stock options (March 4, 2019)

Careful tax planning required for incentive stock options (March 4, 2019)

If you were granted incentive stock options (ISOs) in 2018, there likely isn’t any impact on your 2018 income tax return. But if in 2018 you exercised ISOs or sold stock you acquired via exercising ISOs, then it could affect your 2018 tax liability. Here’s why.
No results found.

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