by admin | Oct 19, 2018 | General News
The IRS recently provided transitional guidance about the deductibility of expenses for business meals that are purchased in an entertainment context. (IRS Notice 2018-76). Read this article for some scenarios that better explain the new guidance. The Basics... by admin | Sep 24, 2018 | General News
The business valuation profession has grown rapidly since 1980. Over the decades, it has developed from a rudimentary process into a highly sophisticated mix of art and science to determine the value of a business or business interest. However, many business owners... by admin | Sep 24, 2018 | General News
Privately-held business owners might need appraisals of their interests for many reasons, including: Strategic planning, Mergers, acquisitions and shareholder buy-ins (or buy-outs), Equitable distributions of marital estates, Minority shareholder disputes, Bankruptcy,... by admin | Sep 6, 2018 | General News
Recently proposed IRS regulations provide aggregation rules that allow eligible individuals to “aggregate” their businesses in order to maximize the new qualified business income (QBI) deduction. Specifically, they may be able to combine income, W-2 wages... by admin | Aug 16, 2018 | General News
Thanks to changes included in the Tax Cuts and Jobs Act (TCJA), many more businesses can now use the simpler and more-flexible cash method of accounting for federal income tax purposes. The new law also includes some other tax accounting changes that are good news for...
