Play your tax cards right with gambling wins and losses If you gamble, be sure you understand the tax consequences. Both wins and losses can affect your income tax bill. And changes under the Tax... Read More
Assessing the S corp The S corporation business structure offers many advantages, including limited liability for owners and no double taxation (at least at the... Read More
Use pay-ratio disclosures with caution Starting in 2018, certain public companies must disclose the ratio of their CEO’s annual compensation to that of its “median em... Read More
Nonprofits should be prepared for sudden outpouring of support Americans gave unprecedented sums to charity in response to the devastating hurricanes last year. Large organizations, such as the American... Read More
Keep an eye out for extenders legislation The pieces of tax legislation garnering the most attention these days are the Tax Cuts and Jobs Act (TCJA) signed into law last December an... Read More
Choosing the right accounting method for tax purposes The Tax Cuts and Jobs Act (TCJA) liberalized the eligibility rules for using the cash method of accounting, making this method — whic... Read More
It’s important to monitor your SEC filing status As public companies grow, they may move from one filing status or issuer category to another. Recent and proposed changes to the Securities... Read More
Contemplating compensation increases and pay for performance As a business grows, one of many challenges it faces is identifying a competitive yet manageable compensation structure. After all, offer t... Read More
An FLP can save tax in a family business succession One of the biggest concerns for family business owners is succession planning — transferring ownership and control of the company to ... Read More
Steering your nonprofit through its growth stage A not-for-profit’s growth stage generally starts two or three years after formation and continues until maturity at around age 7. Thi... Read More
Play your tax cards right with gambling wins and losses
