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...
by Sarah Boehle Pool | Jan 16, 2019 | Latest News
A review of significant TCJA provisions impacting individual taxpayers Now that 2019 has begun, there isn’t too much you can do to reduce your 2018 income tax liability. But it’s smart to begin preparing for filing your 2018 return. Because the Tax Cuts and Jobs Act...
by Sarah Boehle Pool | Jan 15, 2019 | Latest News
A refresher on major tax law changes for small-business owners The dawning of 2019 means the 2018 income tax filing season will soon be upon us. After year end, it’s generally too late to take action to reduce 2018 taxes. Business owners may, therefore, want to shift...
by Sarah Boehle Pool | Jan 10, 2019 | Latest News
Make sure the price is right with market research The promise of the new year lies ahead. One way to help ensure it’s a profitable one is to re-evaluate your company’s pricing strategy. You need to devise an approach that considers more than just what it cost you to...
by Sarah Boehle Pool | Jan 8, 2019 | Latest News
Business owners: An exit strategy should be part of your tax planning Tax planning is a juggling act for business owners. You have to keep your eye on your company’s income and expenses and applicable tax breaks (especially if you own a pass-through entity). But you...
