The negative impact of fraud on businesses is well documented and I have commented on the statistics in past blog posts. However, many business leaders still seem unaware of the risk. In a recent fraud seminar I conducted, there was almost an audible gasp in the room...
For assets with a useful life of more than one year, businesses generally must depreciate the cost over a period of years. Special breaks are available in some circumstances, but uncertainty currently surrounds them: Section 179 expensing. This allows you to deduct,...
Are you planning to make charitable donations before year end? Do you own appreciated stock that you’d like to sell, but you’re concerned about the tax hit? Then consider donating it to charity rather than making a cash gift. Appreciated publicly traded stock you’ve...
The latest headlines in tax news have been dominated by the buzz of transactions known as corporate inversion transactions, the most notable being a contemplated inversion by Walgreens Co. What in the world is an inversion may you ask? Read below to find out. Tax...
Recent Comments