As the calendar year draws to a close, one item on the mind of many business owners is calculating year-end bonuses for employees. While relevant to employee performance and retention,…
Recent Insights
‘Tis the Season to Beware Tax & Charity Scams
Phishing emails. Online scams. Callers misrepresenting their identities. It seems like hardly a week goes by without reports of a new scheme to confuse or intimidate individuals into turning over…
Now What? What to Do Now in Response to Ruling on DOL Overtime Changes
The late-breaking court order announced yesterday involving the DOL’s expansion of overtime eligibility is leaving businesses in limbo after months of preparation for the new rules. A federal judge in…
Qualified Charitable Distributions from IRAs Here to Stay
Since 2006, taxpayers age 70½ or older have been able to make tax-free “qualified charitable distributions” (QCDs) from their IRAs. This provision survived through the years thanks to periodic, short-term…
Non-Residential Properties Can Now Recover More Improvement Costs
Businesses may now be eligible for greater tax deductions related to improvements made to commercial or rental properties, thanks to one of the many provisions included in the Protecting Americans…