Latest Articles

business taxes 1  56b7731687830

April 3, 2018 

New Business Meal Deduction Rules: Food for Thought

Under the new Tax Cuts and Jobs Act (TCJA), no deduction is allowed for business entertainment, beginning in 2018. But the law isn’t exactly clear how the new rules apply to business meals. Until the IRS issues some much-needed guidance, the exact tax ...

 New Tax Loophole for Home Equity Loans

April 3, 2018 

New Tax Loophole for Home Equity Loans

Under the new Tax Cuts and Jobs Act (TCJA), the deduction for mortgage interest paid on “acquisition debt” is modified, while write-offs for interest paid on “home equity debt” are eliminated. But taxpayers can still squeeze through a loophole for ...

 The Best Advice You Can Give

April 3, 2018 

The Best Advice You Can Give

I read an article about five years ago. The crux of article was that in retirement between 60%-70% of retiree’s expenses are health related. I never forgot that article. What the article didn’t mention was that to pay those medical expenses, seniors had to take money out of their retirement, which was taxable, for a...…

Craig Smalley

No April 15 Tax IRS2 58c6d6cf3ea4d

April 3, 2018 

Tax Day is April 17, 2018

Tax filers have two extra days this year, until April 17, 2018, to submit their income tax returns to the IRS. In some states, residents can file their state income tax returns even later.

mortgage-rates161

April 2, 2018 

Mortgage Rates Rising, May Hit 6%

The years of historically affordable mortgage rates look to be ending as rates have steadily increased in recent months and show no signs of turning back.

Staffing 1

April 2, 2018 

How the QSEHRA May Help Small Accounting Firms

While the legislative drama surrounding health care claimed most of the employee benefits headlines in 2017, a new benefit quietly helped accounting firms and their small business clients to offer health benefits for the first time.

harvardbusinessschool 5ac25dec04f89

April 2, 2018 

Harvard Business School Launches Gender Initiative

Inspiration for the Gender Initiative emerged during the 2013 commemoration of the School’s 50th anniversary of admitting women to its two-year MBA program. As part of that celebration, HBS hosted its first Gender & Work Symposium, an annual gathering ...

Port of Oakland

April 2, 2018 

Retail Group Stands Against China Tariffs

“Holding China accountable for refusing to follow global trading rules is important and necessary, but instead, the tariffs proposed by the administration will punish ordinary Americans for China’s violations."

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April 2, 2018 

IRS Issues Guidance on Transition Tax on Foreign Earnings

The Treasury’s notice describes regulations that the Treasury Department and the IRS intend to issue, including rules intended to prevent the avoidance of section 965, rules and procedures relating to certain special elections under section 965, and ...