by Sarah Boehle Pool | Jul 30, 2018 | Latest News
Close-up on the new QBI deduction’s wage limit The Tax Cuts and Jobs Act (TCJA) provides a valuable new tax break to noncorporate owners of pass-through entities: a deduction for a portion of qualified business income (QBI). The deduction generally applies to income...
by Sarah Boehle Pool | Jul 26, 2018 | Latest News
Is your inventory getting the better of you? On one level, every company’s inventory is a carefully curated collection of inanimate objects ready for sale. But, on another, it can be a confounding, slippery and unpredictable creature that can shrink too small or grow...
by Sarah Boehle Pool | Jul 25, 2018 | Latest News
Do you know the ABCs of HSAs, FSAs and HRAs? There continues to be much uncertainty about the Affordable Care Act and how such uncertainty will impact health care costs. So it’s critical to leverage all tax-advantaged ways to fund these expenses, including HSAs, FSAs...
by Sarah Boehle Pool | Jul 23, 2018 | Latest News
Choosing the best business entity structure post-TCJA For tax years beginning in 2018 and beyond, the Tax Cuts and Jobs Act (TCJA) created a flat 21% federal income tax rate for C corporations. Under prior law, C corporations were taxed at rates as high as 35%. The...
by Sarah Boehle Pool | Jul 19, 2018 | Latest News
Finding a 401(k) that’s right for your business By and large, today’s employees expect employers to offer a tax-advantaged retirement plan. A 401(k) is an obvious choice to consider, but you may not be aware that there are a variety of types to choose from. Let’s...
by Sarah Boehle Pool | Jul 12, 2018 | Latest News
Run the numbers before you extend customer credit Funny thing about customers: They can keep you in business — but they can also put you out of it. The latter circumstance often arises when a company overly relies on a few customers that abuse their credit to the...