CPA Blog

• ► 2024 (55)
  • ► September (5)
    • • Businesses must stay on guard against invoice fraud
    • • Is your home office a tax haven? Here are the rules for deductions
    • • Understanding the $7,500 federal tax credit for buying an electric vehicle
    • • 6 key elements of a business budget
    • • 6 tax-free income opportunities
  • ► August (8)
    • • Brand audits can help companies in a variety of ways
    • • Are you liable for two additional taxes on your income?
    • • Business owners sometimes need to switch successors
    • • Cash or accrual accounting: What’s best for tax purposes?
    • • Does your company have an EAP? If so, be mindful of compliance
    • • Are you unfairly burdened by a spouse’s tax errors? You may qualify for “innocent spouse relief”
    • • Businesses should stay grounded when using cloud computing
    • • Do you owe estimated taxes? If so, when is the next one due?
  • ► July (8)
    • • Would an adoption assistance program suit your company?
    • • Business website expenses: How they’re handled for tax purposes
    • • Strategic planning for businesses needs to include innovation
    • • How are Series EE savings bonds taxed?
    • • 3 areas of focus for companies looking to control costs
    • • Planning your estate? Don’t overlook income taxes
    • • Could a 412(e)(3) retirement plan suit your business?
    • • Consider borrowing from your corporation but structure the deal carefully
  • ► June (2)
    • • What might be ahead as many tax provisions are scheduled to expire?
    • • Figuring corporate estimated tax
  • ► May (7)
    • • You may be entitled to tax breaks if caring for an elderly relative
    • • A three-step strategy to save tax when selling appreciated vacant land
    • • Businesses must face the reality of cyberattacks and continue fighting back
    • • The tax advantages of including debt in a C corporation capital structure
    • • Pay attention to the tax rules if you turn a hobby into a business
    • • 8 key features of a customer dispute resolution process for businesses
    • • Taxes when you sell an appreciated vacation home
  • ► April (5)
    • • Watch out for “income in respect of a decedent” issues when receiving an inheritance
    • • Why some businesses choose to execute a pivot strategy
    • • Don’t have a tax-favored retirement plan? Set one up now
    • • A general look at generative AI for businesses
    • • The tax deadline is almost here: File for an extension if you’re not ready
  • ► March (5)
    • • Should your business change its health care plan for next year?
    • • B2B businesses: Assess customer credit carefully
    • • Beware of a stealth tax on Social Security benefits
    • • Empower your sellers with sales enablement
    • • A job loss is bad but the tax implications could make it worse
  • ► February (7)
    • • Applying for a commercial loan with confidence
    • • New option for unused funds in a 529 college savings plan
    • • Small businesses can help employees save for retirement, too
    • • Taking your spouse on a business trip? Can you write off the costs?
    • • Get ready for the 2023 gift tax return deadline
    • • How businesses can reinvigorate strategic planning
    • • Filing jointly or separately as a married couple: What’s the difference?
  • ► January (8)
    • • 3 common forms of insurance fraud (and how businesses can fight back)
    • • If you gave to charity in 2023, check to see that you have substantiation
    • • Seeing the big picture with an enterprise risk management program
    • • Account-based marketing can help companies rejoice in ROI
    • • Did your business buy the wrong software?
    • • The kiddie tax could affect your children until they’re young adults
    • • Perform an operational review to see how well your business is running
    • • It’s possible (but not easy) to claim a medical expense tax deduction
• ► 2023 (82)
  • ► December (8)
    • • 3 types of internal benchmarking reports for businesses
    • • The standard business mileage rate will be going up slightly in 2024
    • • Reinvigorating your company’s sales efforts heading into the new year
    • • Court awards and out-of-court settlements may (or may not) be taxed
    • • How businesses can get better at data capture
    • • The “nanny tax” must be paid for nannies and other household workers
    • • Is your business underestimating the value of older workers?
    • • 4 ideas that may help reduce your 2023 tax bill
  • ► November (3)
    • • Some businesses may have an easier path to financial statements
    • • 11 Exceptions to the 10% penalty tax on early IRA withdrawals
    • • Is your business subject to the new BOI reporting rules?
  • ► October (8)
    • • Contributing to your employer’s 401(k) plan: How it works
    • • What businesses can expect from a DOL benefits plan audit
    • • Facing a future emergency? Two new tax provisions may soon provide relief
    • • Valuations can help business owners plan for the future
    • • Business automobiles: How the tax depreciation rules work
    • • The tax implications of renting out a vacation home
    • • Could value-based sales boost your company’s bottom line?
    • • Casualty loss tax deductions may help disaster victims in certain cases
  • ► September (8)
    • • Business owners: Think carefully about fringe benefits related to smartphones
    • • What are the tax implications of winning money or valuable prizes?
    • • What businesses can expect from a green lease
    • • It’s important to understand how taxes factor into M&A transactions
    • • 4 best practices for effective strategic planning meetings
    • • Investment swings: What’s the tax impact?
    • • Could your business benefit from interim financial reporting?
    • • Plan now for year-end gifts with the gift tax annual exclusion
  • ► August (7)
    • • Reviewing and adjusting your marketing strategy
    • • Selling your home for a big profit? Here are the tax rules
    • • Look carefully at three critical factors of succession planning
    • • Guaranteeing a loan to your corporation? There may be tax implications
    • • Cost containment: An important health care benefits objective for businesses
    • • 5 tips for more easily obtaining cyberinsurance
    • • Should your business add a PTO buying feature to its cafeteria plan?
  • ► July (7)
    • • Consider adverse media screening to vet vendors, customers and others
    • • A tax-smart way to develop and sell appreciated land
    • • Improving your company’s sales pipeline management
    • • Retirement account catch-up contributions can add up
    • • Strong billing processes are critical to healthy cash flow
    • • Inheriting stock or other assets? You’ll receive a favorable “stepped-up basis”
    • • That email or text from the IRS: It’s a scam!
  • ► June (2)
    • • Hiring family members can offer tax advantages (but be careful)
    • • Reduce the impact of the 3.8% net investment income tax
  • ► May (6)
    • • Is it time for a targeted marketing campaign?
    • • 4 tax challenges you may encounter if you’re retiring soon
    • • Addressing pay equity at your business
    • • Questions you may still have after filing your tax return
    • • 6 tried-and-true strategies for improving collections
    • • Education benefits help attract, retain and motivate your employees
  • ► April (9)
    • • Businesses, be prepared to champion the advantages of an HSA
    • • Tax news for investors and users of cryptocurrency
    • • Strengthen strategic planning with competitive intelligence
    • • There’s a favorable “stepped-up basis” if you inherit property
    • • 5 valuation terms that every business owner should know
    • • Paperwork you can toss after filing your tax return
    • • Paperwork you can toss after filing your tax return
    • • It’s happening: Using social media for customer service
    • • The tax advantages of hiring your child this summer
  • ► March (9)
    • • How businesses can use stress testing to improve risk management
    • • Some taxpayers qualify for more favorable “head of household” tax filing status
    • • ACA penalties will rise in 2024
    • • Two important tax deadlines are coming up — and they don’t involve filing your 2022 tax return
    • • Keep an eye out for executive fraud
    • • The 2022 gift tax return deadline is coming up soon
    • • Forming a cross-functional sales team
    • • Protect the “ordinary and necessary” advertising expenses of your business
    • • Supreme Court: Overtime rules still apply to highly compensated employees
  • ► February (7)
    • • Awarded money in a lawsuit or settlement? It’s only tax-free in certain circumstances
    • • Influencer marketing could help your business (or not)
    • • There still may be time to make an IRA contribution for last year
    • • Child tax credit: The rules keep changing but it’s still valuable
    • • Sailing a steady ship in today’s interesting economy
    • • Have employees who receive tips? Here are the tax implications
    • • Look to a SWOT analysis to make better HR decisions
  • ► January (8)
    • • Retirement plan early withdrawals: Make sure you meet the requirements to avoid a penalty
    • • 3 ways your business can uncover cost cuts
    • • Why you might want to file early and answers to other tax season questions
    • • Is now the time for your small business to launch a retirement plan?
    • • Tax-saving ways to help pay for college — once your child starts attending
    • • Employers should be wary of ERC claims that are too good to be true
    • • Unused PTO a problem? Consider a contribution arrangement
    • • SECURE 2.0 law may make you more secure in retirement
• ► 2022 (13)
  • ► December (8)
    • • Look forward to next year by revisiting your business plan
    • • Renting to a relative? Watch out for tax traps
    • • Inbound vs. outbound: Balancing your company’s sales strategies
    • • Save for retirement by getting the most out of your 401(k) plan
    • • Timing is everything when it comes to accounting software upgrades
    • • Do you qualify for the QBI deduction? And can you do anything by year-end to help qualify? If you own a business, you may wonder if you’re e
    • • Does your family business’s succession plan include estate planning strategies?
    • • Answers to your questions about taking withdrawals from IRAs
  • ► November (5)
    • • Take a look at stock options as a recruitment tool
    • • Strategies for investors to cut taxes as year-end approaches
    • • Choosing a retirement plan for your small business
    • • Like every business, a start-up needs a sensible budget
    • • Computer software costs: How does your business deduct them?

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