by Sarah Boehle Pool | Oct 16, 2017 | Latest News
Larger deduction might be available to businesses providing meals to their employees When businesses provide meals to their employees, generally their deduction is limited to 50%. But there are exceptions. One is if the meal qualifies as a de minimis fringe benefit...
by Sarah Boehle Pool | Oct 12, 2017 | Latest News
Ensuring a peaceful succession with a buy-sell agreement A buy-sell agreement is a critical component of succession planning for many businesses. It sets the terms and conditions under which an owner’s business interest can be sold to another owner (or owners) should...
by Sarah Boehle Pool | Oct 11, 2017 | Latest News
Yes, you can undo a Roth IRA conversion Converting a traditional IRA to a Roth IRA can provide tax-free growth and the ability to withdraw funds tax-free in retirement. But what if you convert a traditional IRA — subject to income taxes on all earnings and deductible...
by Sarah Boehle Pool | Oct 9, 2017 | Latest News
Could captive insurance reduce health care costs and save your business taxes? If your business offers health insurance benefits to employees, there’s a good chance you’ve seen a climb in premium costs in recent years — perhaps a dramatic one. To meet the challenge of...
by Sarah Boehle Pool | Oct 4, 2017 | Latest News
How to determine if you need to worry about estate taxes Among the taxes that are being considered for repeal as part of tax reform legislation is the estate tax. This tax applies to transfers of wealth at death, hence why it’s commonly referred to as the “death tax.”...