Capture tax rewards for ISOs

  • June 21, 2017

Do you own incentive stock options (ISOs) issued by your company? They can provide big tax benefits if you’re careful.

View deductions for skybox rentals

  • June 06, 2017

Have you finally made it big in the business world? You might enjoy your success by buying skybox seats for your favorite local sports team. Unfortunately, however, the...

Do you still need a bypass trust?

  • April 10, 2017

Recent changes have eroded some of the estate tax benefits of bypass trusts. And, if President Trump gets his way, the federal estate tax could be completely repealed.

IRS rolls out new gambling regs

  • February 27, 2017

Do you enjoy wagering at casinos and participating in other games of chance? The IRS requires you to pay tax on your fair share of winnings as reported by the...

Take tax shortcut for business travel

  • December 06, 2016

The tax rules for substantiating business travel expenses are a major hassle, but there’s a way that employers can reduce some of the strain.

Protect life insurance proceeds from tax

  • August 05, 2016

If you own your life insurance policy, the proceeds will generally be included in your taxable estate for federal estate tax purposes when you die.

IRS updates guidance on 100% penalty

  • June 28, 2016

One of the most onerous provisions in the tax code imposes personal liability for unpaid employment taxes on small business owners and managers.

New law benefits college savings plans

  • March 28, 2016

How are you ever going to pay for college for your children? It’s a tough nut to crack, but at least you can take advantage of a key tax law provision.

Conjure up extra plan benefits

  • January 13, 2016

Provide extra benefits to higher-ups like yourself without bumping up against the usual restraints for qualified retirement plans.

How to recoup FICA tax overpayments

  • December 26, 2015

Common occurrence: A worker overpays FICA tax due to a change in jobs or other circumstances. It could easily happen to you or someone else in your family. Depending...

Turn on the HEET for education

  • December 15, 2015

With the onset of cold weather in many parts of the country, grandparents of college-bound children may seek some warmth in a smart tax-saving device. Investigate the...

Lower tax through salary reduction plan

  • September 25, 2015

Suppose your employees regularly incur business expenses that aren’t reimbursed by your company. For example, they might personally pay for business travel or...