Insights

Wayfair revisited – It’s time to review your sales tax obligations
In its 2018 decision in South Dakota v. Wayfair, the U.S. Supreme Court upheld South Dakota's "economic nexus" ...

Congress gives a holiday gift in the form of favorable tax provisions
As part of a year-end budget bill, Congress just passed a package of tax provisions that will provide savings for ...

New law provides a variety of tax breaks to businesses and employers
While you were celebrating the holidays, you may not have noticed that Congress passed a law with a grab bag of ...

Small Businesses: It may not be not too late to cut your 2019 taxes
Don't let the holiday rush keep you from taking some important steps to reduce your 2019 tax liability. You still ...

A divorce necessitates an estate plan review
If you're divorcing, it's important to review your estate plan as early as possible, for two reasons: First, you ...

Medical expenses: What it takes to qualify for a tax deduction
As we all know, medical services and prescription drugs are expensive. You may be able to deduct some of your ...

Holiday parties and gifts can help show your appreciation and provide tax breaks
With Thanksgiving behind us, the holiday season is in full swing. At this time of year, your business may want to ...

Have you considered making direct payments of tuition and medical expenses?
With the lifetime gift and estate tax exemption at $11.40 million for 2019 ($11.58 million for 2020), you may ...

Last-minute tips that may help trim your tax bill
If you're starting to fret about your 2019 tax bill, there's good news - you may still have time to reduce your ...

Valuable year-end tax-saving tools for your business
At this time of year, many business owners ask if there's anything they can do to save tax for the year. Under ...

A buy-sell agreement can provide the liquidity to cover estate taxes
If you own an interest in a closely held business, it's critical to have a well-designed, properly funded buy-sell ...

Setting up a Health Savings Account for your small business
Given the escalating cost of employee health care benefits, your business may be interested in providing some of ...