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Today’s Accounting and Audit Topic (January 4, 2019)
Attention, internal auditors: Let’s make a New Year’s resolution to work together more effectively in 2019.
Highlights of the Tax Cuts and Jobs Act
Prepaying property taxes has been a popular year-end tax-planning strategy. But does it still make sense? For many, particularly those in high-tax states, it doesn’t. The TCJA made two changes that affect this strategy: 1) nearly doubling the standard deduction, so fewer taxpayers will itemize, and 2) putting a $10,000 cap on state and local tax deductions. If you no longer itemize or you’ve already used up your $10,000 limit (on income or sales taxes or on previous property tax installments), prepaying property tax will provide no benefit.
Today’s Estate Planning Topic (December 13, 2018)
]
How incomplete nongrantor trusts can help avoid state income taxes
With the federal gift and estate tax ...
Today’s Estate Planning Topic (December 7, 2018)
]
Consider an intrafamily loan to cover estate taxes
Sometimes estates that are large enough for estate taxes to ...
Today’s Small Business Tax Topic (August 21, 2018)
]Choosing the right accounting method for tax purposes
The Tax Cuts and Jobs Act (TCJA) liberalized the ...
Today’s Accounting and Audit Topic (August 16, 2018)
]It’s important to monitor your SEC filing status
As public companies grow, they may move from one filing ...
Today’s Estate Planning Topic (August 15, 2018)
]Protect your peace of mind with a trust protector
Irrevocable trusts can allow for the smooth, tax-advantaged ...
Today’s Accounting and Audit Topic (August 14, 2018)
]Auditing the use of estimates and specialists
Complex accounting estimates — such as allowances for doubtful ...
Today’s Estate Planning Topic (August 13, 2018)
]Provide for family members with special needs using an SNT
If you have a child or other family member with a ...
Today’s Small Business Tax Topic (August 7, 2018)
]An FLP can save tax in a family business succession
One of the biggest concerns for family business owners is ...
Today’s Estate Planning Topic (August 7, 2018)
]Have you made your burial wishes clear?
It may be difficult to consider, but funeral arrangements are a critical ...
Today’s Accounting and Audit Topic (August 6, 2018)
]Hidden liabilities: What’s excluded from the balance sheet?
Financial statements help investors and lenders ...
No results found.
Today’s Accounting and Audit Topic (January 4, 2019)
Attention, internal auditors: Let’s make a New Year’s resolution to work together more effectively in 2019.
Highlights of the Tax Cuts and Jobs Act
Prepaying property taxes has been a popular year-end tax-planning strategy. But does it still make sense? For many, particularly those in high-tax states, it doesn’t. The TCJA made two changes that affect this strategy: 1) nearly doubling the standard deduction, so fewer taxpayers will itemize, and 2) putting a $10,000 cap on state and local tax deductions. If you no longer itemize or you’ve already used up your $10,000 limit (on income or sales taxes or on previous property tax installments), prepaying property tax will provide no benefit.
Today’s Estate Planning Topic (December 13, 2018)
]
How incomplete nongrantor trusts can help avoid state income taxes
With the federal gift and estate tax ...
Today’s Estate Planning Topic (December 7, 2018)
]
Consider an intrafamily loan to cover estate taxes
Sometimes estates that are large enough for estate taxes to ...
Today’s Small Business Tax Topic (August 21, 2018)
]Choosing the right accounting method for tax purposes
The Tax Cuts and Jobs Act (TCJA) liberalized the ...
Today’s Accounting and Audit Topic (August 16, 2018)
]It’s important to monitor your SEC filing status
As public companies grow, they may move from one filing ...
Today’s Estate Planning Topic (August 15, 2018)
]Protect your peace of mind with a trust protector
Irrevocable trusts can allow for the smooth, tax-advantaged ...
Today’s Accounting and Audit Topic (August 14, 2018)
]Auditing the use of estimates and specialists
Complex accounting estimates — such as allowances for doubtful ...
Today’s Estate Planning Topic (August 13, 2018)
]Provide for family members with special needs using an SNT
If you have a child or other family member with a ...
Today’s Small Business Tax Topic (August 7, 2018)
]An FLP can save tax in a family business succession
One of the biggest concerns for family business owners is ...
Today’s Estate Planning Topic (August 7, 2018)
]Have you made your burial wishes clear?
It may be difficult to consider, but funeral arrangements are a critical ...
Today’s Accounting and Audit Topic (August 6, 2018)
]Hidden liabilities: What’s excluded from the balance sheet?
Financial statements help investors and lenders ...
No results found.
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