What’s Next for State Tax Nexus?

The recent Wayfair decision has drastically altered the landscape for states that want to collect sales and use taxes. Prior to this landmark U.S. Supreme Court case, economic “nexus” for tax purposes was established only if the seller of goods or services...

Save on Taxes While Doing Good

If you own assets that have appreciated significantly over the years, you may be able to profit more by giving them away than by selling them. By setting up a charitable remainder trust (CRT), you can transform a future tax liability into a current tax break, receive...

It’s Tax Time All Year Round

Here are just five of the tax-smart decisions we can help you make during the year. If handled properly, they might significantly reduce your tax liability: 1. Should you buy or lease vehicles, equipment and buildings? 2. If you’re going to make a major purchase...

Are Your Books Well-Adjusted?

Appropriate adjusting entries turn your books from a simple list of transactions into a far more accurate reflection of how your business is doing. You may think that as long as someone is recording every sale you make and every expense you pay, you’re doing...