Colorado Pot Tax Revenue Less than Expected

August 13, 2014 

Colorado Pot Tax Revenue Less than Expected

Colorado's lower taxes on medicinal marijuana are hindering projected tax revenue from recreational pot sales, according to a recent study released by the state's Department of Revenue.

independentcontractor21_11621257

August 12, 2014 

Employee vs. Independent Contractor: Do You Know the Rules?

When you’re running a business and someone works for you or provides a service, you pay them. That’s easy. What isn’t always so easy is determining how you should treat those payments. Before you enter into a business relationship, it’s important to establish the type of relationship – is this person providing services as an…

Taija Sparkman

irs-boston

August 12, 2014 

IRS Says Fishing Disaster Aid May be Taxable

The Internal Revenue Service says that fishermen in the Northeast U.S. who received fishery disaster funds may have to pay federal tax on that relief assistance if it's used to replace lost income.

CohnReznick20BAT2020141

August 11, 2014 

CohnReznick Raises $105,000 for Make-a-Wish Program

The accounting and advisory firm CohnReznick LLP recently raised more than $105,000 at its 13th annual employee Bowl-A-Thon, which benefits Make-A-Wish New Jersey. This brings the total raised for Make-A-Wish by the Firm over the last 13 years through employee fundraising, donations, and raffles to more than $1.45 million.

Isaac M. O'Bannon

 How to Maximize Home Office Deductions

August 11, 2014 

How to Maximize Home Office Deductions

It is well-established that you can deduct home office expenses only if certain tax law requirements are met. Notably, no deduction is allowed unless the taxpayer uses the home office regularly and exclusively for business purposes.

Ken Berry, JD