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Articles tagged: Accounting-Auditing-Taxation
Cannabis Companies and the Marijuana Tax: It’s Not Easy Being Green
Cannabis companies are overwhelmed by taxation and restrictions on their expense deductions via Section 208E, but new legislature may ease the pressure. Read More
Making Charitable Donations: Seven Practical Considerations
Being Selfless While Also Watching Out For Your Wallet You may desire to be philanthropic, but handing over money may not be the most effective way to make charitable donations. Donors must confront many issues before making substantial gifts to a charity. If you’re considering making a donation to a nonprofit, here are seven practical […] Read More
‘Know Thy Numbers’ Installment #3: Types of Financial Statements
From the statement of income to the statement of cash flows, here’s how various types of financial statements present a bigger picture of company health. Read More
‘Know Thy Numbers’ Installment #2 – Accounting Principles in a Nutshell
GAAP rules are accounting principles and concepts that shape how we present financial information. These are the 12 “Commandments” of GAAP accounting. Read More
‘Know Thy Numbers’ Installment #1 – Welcome to the Jungle, an Introduction to the Series
Don’t leave numbers to the accountant. An introduction to accounting and its basic concepts can equip you to make better business decisions. Read More
Putting off the Tax Collector – The Basics of 1031 Exchange Rules
Hold off the tax man by following these 1031 exchange rules when selling and reinvesting in new properties. Read More
Will an Unapologetic Tax Hike Affect Your 401(k) or IRA Beneficiaries?
You worked a lifetime to grow your retirement fund. Now, pending bills in DC may speed taxes on retirement benefits and impact 401k and IRA beneficiaries. Read More
Using Your Assets for Good: Incorporating Charitable Giving into Your Financial or Estate Plan
Charitable giving is a rewarding process, but donors should be aware of the tax implications (and benefits) of each philanthropic approach. Read More
Tax Cut and Jobs Act: Expectations Met and Unrealized
Expectations were high for the Tax Cut and Jobs Act in 2017. Were those expectations met? How the tax reform actually affects you and your business in 2019. Read More
The Economic Consequences of 1031 Exchanges: 5 Myths Debunked
1031 exchanges are not cop-outs for the wealthy. Like-kind exchanges actually stimulate the economy. Here are 4 myths about 1031 exchanges, debunked. Read More