Deduct bonuses first, and then pay them later

  • January 31, 2012

If your company uses the accrual method of accounting for tax purposes, you can deduct accrued year-end bonuses in the current year as long as they are paid within...

Sidestep a tax trap for intra-family loans

  • June 19, 2011

If your child is graduating from college or grad school, you’ll want the youngster to start off on the right foot. Strategy: Give your child a low-interest, or...

Use salary reduction plan to lower tax

  • October 30, 2009

Suppose your employees regularly incur business expenses that are not reimbursed by your company. For example, they might personally pay for business travel or tools. If...

Count every day for IRA rollover

  • February 12, 2009

Q. I’m running close to the 60-day deadline for an IRA rollover. Does the period begin when I requested the payout?