News and Updates

Handle with Care: The Nanny Tax Rules

When you hire a nanny, housekeeper or other domestic worker, pay close attention to the tax rules.

FAQs About Self-Employment Tax

Do you owe self-employment (SE) tax on nonwage income that you collect only occasionally or in a...

What Employers Should Know About HSAs

Health Savings Accounts (HSAs) are a tax-smart way to cover an individual’s uninsured medical...

How to Reduce the Tax Hit on Soon-to-Be-Developed Land

In many places, real estate prices are soaring. That’s good news for owners of undeveloped land in...

Open Enrollment: Make the Most of Your Health Care Benefits Options

It’s open enrollment season at many companies. If you’re lucky enough to work for a company that...

Year-End Tax Planning Moves for Small Businesses

It’s hard to believe 2019 is almost over! It’s been a busy year in many sectors, often forcing...

New Overtime Pay Rules Finalized for 2020

The U.S. Department of Labor (DOL) has issued the long-anticipated final version of its overtime...

Year-End Strategies to Reduce AGI

Reducing your current-year adjusted gross income (AGI) is usually a tax-smart idea. Here are ten...

Bonus Depreciation for Your Business: Let’s Review Your Options

First-year bonus depreciation has been around for a while now. However, the Tax Cuts and Jobs Act...

Navigating a Global Expansion

Is your business part of the global economy? If not, it may be losing out on some revenue- and...