Industry News

If your business plans to purchase bonus depreciation qualifying property, take action soon to realize a valuable tax break.

If the upcoming back-to-school season has got you thinking about providing for your grandchildren’s educational needs, consider a family education trust.

Pitfalls abound when creating and maintaining an estate plan. Here are four to be especially aware of.

For employers looking to attract the best job candidates, a relocation package could be a benefit that puts your organization over the top.

Employers: Do you offer an employee benefits plan that must comply with ERISA? If so, step carefully when terminating an employee. A recent court case demonstrates why.

For employers looking to attract and retain key employees, a nonqualified deferred compensation plan could be a good addition to a benefits package.

For employers looking to better engage with customers and employees, gamification holds many potential benefits. Just be sure you know what you’re getting into.

Every employer must keep up with its federal payroll tax responsibilities. Let’s take a step back and review the basics.

Many people started working from home during the pandemic and have continued working out of home offices. Some of them qualify for home office deductions, but unfortunately, not all of them do. Here are the rules.

Self-employed taxpayers generally must make quarterly estimated tax payments. But even if you’re not self-employed, you may have to make them to avoid a penalty if you don’t have enough federal tax withheld. Here are the rules.

One of the most effective estate-tax-saving techniques is also one of the simplest and most convenient: making maximum use of the annual gift tax exclusion.

A split annuity might be the right strategy for you if you wish to maintain a certain standard of living in retirement while also preserving wealth to pass on to your family.

If you’re considering making gifts to, or for the potential benefit of, your grandchildren or other “skip persons,” you’d be wise to account for the generation-skipping transfer (GST) tax in your estate plan.

As difficult as it may be, turning down an inheritance might be a estate-tax-wise decision.

A big tax bill (or a large refund) may mean you don’t have the proper amount of tax withheld from your paycheck. Here’s how to make sure that doesn’t happen next year.

If you want to take money out of your traditional IRA before age 59½, you’ll generally have to pay an early withdrawal penalty on top of the regular income tax you’ll owe. But there are exceptions to avoid the penalty.

Do your children have investment income? They may owe “kiddie tax.” Here are the basic rules.

Among the methods your company should consider using to screen prospective customers, vendors and other business partners, is an adverse media search. But be careful how you source and use negative information.

Investors and other stakeholders are demanding that companies meet environmental, social and governance (ESG) goals. Yet these initiatives may induce executives to commit fraud and violate ethics.

Many people are thinking about buying electric vehicles because of their advanced technology, high gas prices and the fact there are more models available today. Along with factors like acceleration and the battery range, check out the federal tax break that may be available.

In some cases, disability income is taxable by the federal government. In other cases, it isn’t. Here are the rules.