by Joan Buchman Miller | Oct 11, 2021 | Accounting, income tax, tax planning
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2021. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all... 
by Joan Buchman Miller | Sep 28, 2021 | income tax, tax planning
Low interest rates and other factors have caused global merger and acquisition (M&A) activity to reach new highs in 2021, according to Refinitiv, a provider of financial data. It reports that 2021 is set to be the biggest in M&A history, with the United States... 
by Joan Buchman Miller | Sep 20, 2021 | depreciaion, tax planning, Uncategorized
If you use an automobile in your trade or business, you may wonder how depreciation tax deductions are determined. The rules are complicated, and special limitations that apply to vehicles classified as passenger autos (which include many pickups and SUVs) can result... 
by Joan Buchman Miller | Sep 15, 2021 | tax planning
The week of September 13-17 has been declared National Small Business Week by the Small Business Administration. To commemorate the week, here are three tax breaks to consider. Claim bonus depreciation or a Section 179 deduction for asset additions Under current law,... 
by Joan Buchman Miller | Sep 7, 2021 | Accounting, income tax, tax planning
A business may be able to claim a federal income tax deduction for a theft loss. But does embezzlement count as theft? In most cases it does but you’ll have to substantiate the loss. A recent U.S. Tax Court decision illustrates how that’s sometimes difficult to do....