BE Informed

Can You Pay Bonuses In 2017 But Deduct Them This Year?

You may be aware of the rule that allows businesses to deduct bonuses employees have earned during...

Ensure Your Year-End Donations Will Be Deductible On Your 2016 Return

Donations to qualified charities are generally fully deductible, and they may be the easiest...

There’s Still Time To Benefit On Your 2016 Tax Bill By Buying Business Assets

In order to take advantage of two important depreciation tax breaks for business assets, you must...

Accelerating Your Property Tax Deduction To Reduce Your 2016 Tax Bill

Smart timing of deductible expenses can reduce your tax liability, and poor timing can...

Year-End Tax Strategies For Accrual-Basis Taxpayers

The last month or so of the year offers accrual-basis taxpayers an opportunity to make some timely...

A Brief Overview Of The President-Elect’s Tax Plan For Individuals

Now that Donald Trump has been elected President of the United States and Republicans have retained...

A Quick Look At The President-Elect’s Tax Plan For Businesses

The election of Donald Trump as President of the United States could result in major tax law...

There’s Still Time To Set Up A Retirement Plan For 2016

Saving for retirement can be tough if you’re putting most of your money and time into operating a...

It’s Critical To Be Aware Of The Tax Rules Surrounding Your NQDC Plan

Nonqualified deferred compensation (NQDC) plans pay executives at some time in the future for...

Beware Of Income-Based Limits On Itemized Deductions And Personal Exemptions

Many tax breaks are reduced or eliminated for higher-income taxpayers. Two of particular note are...