Budgeting ideas for uncertain times Budgeting, like many other things, was generally easier before COVID-19. Even though the pandemic isn’t over and much remains uncerta... Read More
Stock market investors: Year-end tax strategies to consider Year-end is a good time to plan to save taxes by carefully structuring your capital gains and losses. Consider some possibilities if you... Read More
Rolling forecasts provide flexibility in uncertain times Forecasting how your company is likely to perform over the next year can be challenging, especially when it’s unclear where the marke... Read More
Providing a company car? Here’s how taxes are handled The use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses. This perk results in tax deductions... Read More
The tax implications of owning a corporate aircraft If your business is successful and you do a lot of business travel, you may have considered buying a corporate aircraft. Of course, there a... Read More
A credit card use policy can help prevent abuse During the busy holiday season, not-for-profit executives may rely on staffers to purchase gifts and holiday party supplies for the organiz... Read More
How are court awards and out-of-court settlements taxed? Awards and settlements are routinely provided for a variety of reasons. For example, a person could receive compensatory and punitive damag... Read More
Could an FLP fit into your succession plan? Among the biggest long-term concerns of many business owners is succession planning — how to smoothly and safely transfer ownership a... Read More
Coming soon: New accounting rule on government assistance disclosures On November 17, the Financial Accounting Standards Board (FASB) issued a new accounting standard on disclosing certain types of govern... Read More
FASB offers practical expedient for private companies that issue share-based awards On October 25, the Financial Accounting Standards Board (FASB) issued a simpler accounting option that will enable private companies t... Read More
Budgeting ideas for uncertain times
