Along with important criteria relative to integrity, credentials, experience, education, services offered, and fees, we suggest that you ask the following 5 questions to gain valuable insight into the quality of relationship you can anticipate and how it will...

While the TCJA drastically changed several tax provisions, many year-end planning tactics remain. Managing taxable income is important not only for the new QBI deduction, but also for the additional Medicare tax and Net Investment income tax. Lowering your...

Entertainment expenses are no longer deductible; however, meals remain deductible and are still subject to the 50% limitation. For example, if you take a client to a baseball game—and purchase tickets, hot dogs, and drinks—the cost of the ticket...

For qualified property placed in service during 2018, $1,000,000 can be expensed under Section 179 (up from $510,000 in 2017). This deduction begins to be phased out if more than $2,500,000 of property is placed in service during 2018.

The top tax rate for C Corporations has been reduced from 35% to 21%. In order to place individual business owners and passthrough business owners in a similar tax rate situation, the Tax Cuts and Jobs Act 2018 (TCJA)...