by Sarah Boehle Pool | Feb 6, 2019 | Latest News
What will your marginal income tax rate be? While the Tax Cuts and Jobs Act (TCJA) generally reduced individual tax rates for 2018 through 2025, some taxpayers could see their taxes go up due to reductions or eliminations of certain tax breaks — and, in some cases,...
by Sarah Boehle Pool | Feb 4, 2019 | Latest News
Many tax-related limits affecting businesses increase for 2019 A variety of tax-related limits affecting businesses are annually indexed for inflation, and many have gone up for 2019. Here’s a look at some that may affect you and your business. Deductions Section 179...
by Sarah Boehle Pool | Jan 24, 2019 | Latest News
4 business functions you could outsource right now One thing in plentiful supply in today’s business world is help. Orbiting every industry are providers, consultancies and independent contractors offering a wide array of support services. Simply put, it’s never been...
by Sarah Boehle Pool | Jan 23, 2019 | Latest News
2 major tax law changes for individuals in 2019 While most provisions of the Tax Cuts and Jobs Act (TCJA) went into effect in 2018 and either apply through 2025 or are permanent, there are two major changes under the act for 2019. Here’s a closer look. Medical expense...
by Sarah Boehle Pool | Jan 21, 2019 | Latest News
Higher mileage rate may mean larger tax deductions for business miles in 2019 This year, the optional standard mileage rate used to calculate the deductible costs of operating an automobile for business increased by 3.5 cents, to the highest level since 2008. As a...
by Sarah Boehle Pool | Jan 17, 2019 | Latest News
Economic damages: Recovering what was lost A business can suffer economic damages arising from a variety of illegal conduct. Common examples include breach of contract, patent infringement and commercial negligence. If your company finds itself headed to court looking...