If you routinely have extra cash on hand after paying off your monthly bills, you might want to consider paying down your home mortgage balance faster than is required under your...
Should You Pay Down Your Home Mortgage Early?
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Taxes
S Corps: Time for a Year-End Tax Projection
As the end of the year approaches, it's time to identify tax planning moves you should make before December 31st. The first step in the process is to engage our firm to make a...
IRS Finalizes Rule for Truncating SSN on W2
Final regulations from the Internal Revenue Service (IRS) give employers decision-making rights on whether to truncate their employees’ Social Security Numbers (SSN) on Form W2,...
The Taxpayer First Act
The Taxpayer First Act (the Act) of 2019 was signed into law on July 1, 2019. The bill, having gone through a few changes on its way to the president’s desk, passed with...
How the Taxpayer First Act Will Impact Nonprofits
The Taxpayer First Act (the Act) of 2019 was signed into law on July 1, 2019. The bill, having gone through a few changes on its way to the president’s desk, passed with...
As Legal Challenges Continue, Don’t Miss this EEOC Deadline
Legal skirmishes continue over whether the detailed employee pay data collection scheme (on top of the original basic employee census data) should be enforced. In 2017, the Trump...
NLRB Raises the Bar on Clarity of Employee Arbitration Agreements
Today, more than half of private employers without union-represented employees use binding arbitration agreements to resolve labor disputes, according to the Economic Policy...
How Much Does the IRS Let Delinquent Taxpayers Live On?
The IRS uses "Collection Financial Standards" to help determine a taxpayer's ability to pay a delinquent tax liability. Allowable living expenses include those that meet the test...
Protect Your Company’s Plan From an IRS Attack
When your company sponsors a qualified retirement plan, you must comply with complex rules established by the IRS and the Department of Labor. Ignore the rules and your firm...
How to Combine Home Sale Gain Exclusion with a Like-Kind Exchange
Over the years, real estate has proven to be a lucrative investment for many households. And, in some parts of the country, current market values have surpassed levels seen prior...