865.769.0660 info@pughcpas.com

News

How the New Limit on SALT Deductions Affects Homeowners

The ability to deduct state and local taxes (SALT) has historically been a valuable tax break for taxpayers who itemize deductions on their federal income tax returns. Unfortunately, the Tax Cuts and Jobs Act (TCJA) limits SALT deductions for 2018 through 2025. Here's...

read more

Tax Reform Update for Individuals & Businesses

It's always a great time when we gather with our clients!  It's even better when you have a dynamite speaker presenting a tax reform update and how it affects individuals and businesses.  Did I say dynamite speaker and tax reform in the same sentence?  You bet, I did!...

read more

The W-2 Email Scam (from IRS)

Using a technique known as business email compromise (BEC) or business email spoofing (BES), fraudsters posing as authority figures send email to payroll personnel requesting copies of Forms W-2 for all employees. The initial email may be a friendly, "hi, are you...

read more

The Insight–A Business Valuation Newsletter (Winter ’17)

The Insight--Pugh CPAs' Business Valuation & Litigation Support quarterly newsletter.   The Winter 2017 issue feature two articles of interest: Surviving an Earnout Provision in a Business Sale and Valuation in Shareholder Disputes.   Please click the safe link...

read more

Proposed Tax Legislation Impacts Financial Institutions

Executive Summary: The much-debated tax reform proposal currently under consideration may have unexpected impacts to many financial institutions.   As drafted, both the House and Senate bills include a corporate rate reduction for federal income taxes from 35% to...

read more

Proposed Tax Cuts & Jobs Act

The Republican controlled House of Representatives unveiled their first draft at tax reform on November 2, 2017.  The 429 page H.R. 1 bill proposes significant changes to individual, business, gift and estate taxes.  The House Ways and Means Committee also released a...

read more

Before Year-End, Get The Most Out of Your FSA

If you have money set aside in a Flexible Spending Account (FSA), you know it's a great tax saving vehicle. Not only are your FSA contributions not taxed, but you don't have to wait until you have enough money in the account for a planned medical expense, such as...

read more

Archives

Ready to take the next step?

Let's Get Started
SUBSCRIBE TO OUR NEWSLETTER

SUBSCRIBE TO OUR NEWSLETTER

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!