Blog

John Csargo | Jan. 22, 2018

Eight Factors Indicating a Buy/Sell Agreement Needed

1. Liquidity: The owners want to ensure a ready market for their ownership interests (in the event of death, disability,…

Chris Wittich | Jan. 22, 2018

Three Flavors of Form 1095 – A, B, C

There are three different flavors of Form 1095 and most people don’t know much about them, so what’s the scoop…

Stacy Shaw | Jan. 22, 2018

Can Hiring Your Kids Save on Taxes?

School is out and you are wondering how to keep your kids occupied for the summer – why not think…

John Csargo | Jan. 22, 2018

How do the tax reform proposals affect my business?

Here is a recap of the proposals in both the House and the Senate, that could affect your business in…

John Csargo | Jan. 22, 2018

2018 Tax Bill Update

Republican House and Senate negotiators released a final tax bill on Friday bridging differences between the House and Senate bills…

Chris Wittich | Jan. 19, 2018

What is UNICAP?

UNICAP is short for Uniform Capitalization.  That probably doesn’t even help explain it.  The IRS Code Section 263A is all…

Chris Wittich | Jan. 19, 2018

Built-In Gains Tax is a BIG Bad Wolf

Built-in Gains tax is a BIG bad wolf.  Every business owner should strive to avoid the built-in gains (BIG) tax…

Chris Wittich | Jan. 17, 2018

US Expats in Canada

The largest subset of US expats are living in Canada. Our neighbor to the north is the place where we…

Chris Wittich | Jan. 17, 2018

Tax Breaks for Expats

If you are a US expat, the requirement to file a US tax return can be painful but the tax…

Chris Wittich | Jan. 17, 2018

What are the FBAR requirements?

What is the FBAR (also known as FinCen Form 114), and why is it so important? An FBAR is a…

Chris Wittich | Jan. 17, 2018

What is a US Expat?

What is a US expat? An expat is a US citizen who is living in a foreign country. For some…

Chris Wittich | Jan. 16, 2018

New Tax Bill: Mortgage Interest

For every single individual taxpayer who has a mortgage on their principal residence, your mortgage rate just went up with…

Chris Wittich | Jan. 16, 2018

New Tax Bill: Business Vehicle Deductions

For business owners with vehicles in their business the new tax bill has a few wrinkles that will affect how…

Chris Wittich | Jan. 15, 2018

Documentation Quote

Randy Feld | Jan. 15, 2018

Two Sets of Books?!

You don’t have to be Tom Petters or Al Capone to have two sets of books.  In fact, I believe…