2015 Year-End Tax Planning for Businesses
Once again we find ourselves nearing the end of the year and wondering what Congress will do as far as extending important tax breaks for businesses. Extender legislation aside, there…
The Competitive Edge, Volume 4 Issue 3 | December 2015
Once again we find ourselves nearing the end of the year and wondering what Congress will do as far as extending important tax breaks for businesses. Extender legislation aside, there…
The Competitive Edge, Volume 4 Issue 2 | December 2014
The Financial Accounting Standards Board (FASB) is amending the FASB Accounting Standards Codification® and creating a new Topic 606, Revenue from Contracts with Customers, and the IASB is issuing IFRS…
The Competitive Edge, Volume 4 Issue 2 | December 2014
The Internal Revenue Service announced adjustments to the cost-of-living for the 2015 tax year that will affect dollar limitations for pension plans and other retirement-related taxes. Pension plan limitations are…
The Competitive Edge, Volume 4 Issue 2 | December 2014
This year saw numerous tax developments that affect businesses, many of which deserve special scrutiny for year-end planning in an effort to minimize your 2014 tax bill. While Congressional gridlock…
The Competitive Edge, Volume 4 Issue 2 | December 2014
There are several things to consider when doing year-end tax planning: taking advantage of expiring tax provisions, deferring income into next year, or accelerating income into the current year (and…
The Competitive Edge, Volume 4 Issue 1 | May 2014
The parties to an oil and gas lease typically include the landowner and the energy company. The lease should state the rights and the obligations of both the landowner and…
The Competitive Edge, Volume 4 Issue 1 | May 2014
The middle of the year is often a good time to “make hay” for income tax purposes. Here are 10 popular strategies that may appeal to individuals and small-business owners….
The Competitive Edge, Volume 4 Issue 1 | May 2014
The mandate for some employers to provide affordable health insurance coverage to workers will take effect in the near future. However, for some firms, it will be a case of…
The Competitive Edge, Volume 4 Issue 1 | May 2014
The answer to the question posed in the headline is an easy one: A buy–sell agreement can be immediately beneficial to a business owner contemplating a sale of the operation….
The Competitive Edge, Volume 3 Issue 6 | December 2013
Time may be running out on a unique estate-planning strategy for retirees. Under a special tax-law provision, an individual age 70½ or older can transfer funds directly from an IRA…