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    Posts

    Timeliness counts in financial reporting

    Do you procrastinate when it comes to closing your books and delivering year-end financial statements? Lenders and investors may think...

    Posts

    Business owners: Put your successor in a position to succeed

    When it comes time to transition your role as business owner to someone else, you’ll face many changes. One of...

    Posts

    Choosing the best way to reimburse employee travel expenses

    If your employees incur work-related travel expenses, you can better attract and retain the best talent by reimbursing these expenses....

    Posts

    Put your income statement to good use

    By midyear, most businesses that follow U.S. Generally Accepted Accounting Principles (GAAP) have issued their year-end financial statements. But how...

    Posts

    Are your retirement savings secure from creditors?

    A primary goal of estate planning is asset protection. After all, no matter how well your estate plan is designed,...

    Posts

    Consider the tax consequences before making an employee a partner

    In today’s competitive environment, offering employees an equity interest in your business can be a powerful tool for attracting, retaining...

    Posts

    Business owners: When it comes to IRS audits, be prepared

    If you recently filed your 2016 income tax return (rather than filing for an extension) you may now be wondering...

    Posts

    Why financial restatements happen … and how to prevent them

    When companies reissue prior financial statements, it raises a red flag to investors and lenders. But not all restatements are...

    Posts

    It’s a matter of principle — and trust — when using a principle trust

    For many, an important estate planning goal is to encourage their children or other heirs to lead responsible, productive lives....

    Posts

    How to shape up your working capital

    Working capital — current assets minus current liabilities — is a common measure of liquidity. High liquidity generally equates with...

    Posts

    Risks in Your Supply Chain

    Looking for concentration risks in your supply chain Concentration risks are a threat to your supply chain. These occur when...

    Posts

    Operating across state lines presents tax risks — or possibly rewards

    It’s a smaller business world after all. With the ease and popularity of e-commerce, as well as the incredible efficiency...

    Posts

    Bonus Depreciation Yields Big Savings For Business Owners

    Bonus Depreciation Takes The Edge Off Mid-Quarter Convention Concerns Since introduced as part of the Job Creation and Worker Assistance...

    Posts

    Year-end Tax Planning Letter

    Dear Client: As the end of the year approaches, it is a good time to think of planning moves that...

    Posts

    Late Rollovers (past 60 days) May Benefit From New IRS Guidance

    September 28th, 2016 Did you miss the deadline to rollover your retirement plan or traditional IRA funds due to circumstances...

    Posts

    Family Limited Partnership Discounted Gifting May Soon Be Coming to an End

    August 25, 2016 Leonard M. Friedman, CPA/ABV, CBA Family Limited Partnerships (FLP’s) can be useful family wealth management tools for...

    Posts

    Venture Capital, the 7 Secrets Your Big CPA Firm Won’t Tell You

    Brian Zucker, CPA August 9, 2016 7 Secrets Your Big CPA Firm Won’t Tell You About Investing in or Starting...

    Posts

    Starting a Business? Find a Trusted Advisor Today

    Brian Zucker, CPA August 1, 2016 Starting a Business? Find a Trusted Advisor Today One of the great things about...

    Posts

    The New and Improved Research and Development Credit

    Leonard M. Friedman, CPA/ABV, CBA July 27, 2016 The New and Improved Research and Development Credit In December 2015, the...

    Posts

    Calling it Quits: How Dentists Can Maximize Their Exit Strategies

    Gary A. Sherman, CPA July 15, 2016 If you’ve been thinking about selling your dental practice, you’re not alone. According...

    Posts

    Stress-Free Ways to Grow Your Dental Practice

    Gary A. Sherman, CPA July 12, 2016 I recently visited the Rutgers School of Dentistry website. I was impressed by...

    Posts

    The Right Way to Value Your Dental Practice

    Gary A. Sherman, CPA July 6, 2016 Ah, summer. It’s that magical time when many dentists dream about spending more...

    Posts

    R&D Tax Credit – In 2016 Qualifying Start Up Businesses can elect as credit from Payroll Taxes.

    Here's some important tax news for our clients with small new businesses. Starting with tax years beginning in calendar year...

    Posts

    Research Credit can to some extent offset payroll taxes!

    New law. The Act retroactively and permanently extends the research credit. (Code Sec. 41(h), as amended by Act Sec. 121(a)(1))...

    Posts

    New Tax Deal- Some Tax Extenders made permanent

    Congress and the President finally agreed and signed into law a new tax deal on all the pending “extenders” we’ve...

    Posts

    Health Care Law: Tax Considerations for Employers with Fewer than 50 Employees

    IRS Tax Tips December 1, 2015 Useful Links: IRS.gov Help For Hurricane Victims News Essentials What's Hot News Releases IRS...

    Posts

    5 Internal Control Tips That Can Save Your Business From Fraud

    Where There’s Smoke, There’s Fire: 5 Internal Control Tips That Can Save Your Business From Fraud Will the lack of...

    Posts

    10 Ways To Implement Internal Controls With Limited Resources

    You’ve probably heard about how critical it is to establish internal controls throughout your business. But if you happen to...

    Posts

    Making the best tax use of a Vacation home with today’s rules

    Making the best tax use of a vacation home under today's rules—Part I An improved economy, a strengthened real estate...

    Posts

    Tax Deadline for 2016 for most filers will be Monday April 18th

    Monday, April 18 will be 2016 tax deadline for most individual taxpayers Rev Rul 2015-13, 2015-22 IRB In a Revenue...

    Posts

    Seven Tips to Help You Determine if Your Gift is Taxable

    IRS Tax Tip 2015-51, April 1, 2015 If you gave money or property to someone as a gift, you may...

    Posts

    Stay Vigilant Against Bogus IRS Phone Calls and Emails

    Tax scams take many different forms. Recently, the most common scams are phone calls and emails from thieves who pretend...

    Posts

    Cyber Crimes, Identity theft and Your Tax return

    Last week health insurance giant Anthem Inc. said hackers had breached its computer system and that the personal information of...

    Posts

    IRS SETS OUT RULES FOR REPORTING SICK PAY PAID BY THIRD PARTIES

    IRS SETS OUT RULES FOR REPORTING SICK PAY PAID BY THIRD PARTIES Notice 2015-6, 2015-05 IRB In a Notice, IRS...

    Posts

    What Key Estate Planning Tools Should I Know About?

    By taking steps in advance, you have a greater say in how these questions are answered. And isn’t that how...

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