by Mark Thomson | Jan 15, 2019 | What I have to Say
Although slow rises in prices have been paired with only modest wage increases in many sectors of the current economy, taxpayers will at least receive some relief in 2014, thanks to the mandatory annual inflation adjustments provided under the Tax Code, according...
by Mark Thomson | Jan 15, 2019 | What I have to Say
Selling your business can be a rewarding time where you receive the value of your years of time and effort you invested to build a company. Many sellers are then surprised to learn that the proceeds from the sale left over to them, after paying taxes, can sometimes be...
by Mark Thomson | Jan 15, 2019 | What I have to Say
In my last blog I discussed one of these errors – selling your business the wrong way. On November 21st, 2013 I, along with several other speakers will present these errors and talk about how to avoid them. This is a great opportunity to meet us if you are not already...
by Mark Thomson | Jan 15, 2019 | What I have to Say
In an IRS Legal Advice issued by Field Attorneys employee bonuses paid after year end (within 2 and ½ months) that are accrued as of the year-end could be deductible in the year paid instead of the year accrued. Basically, if the amount is not fixed and the right to...
by Mark Thomson | Jan 15, 2019 | What I have to Say
The Internal Revenue Service has released the final regulations for the 0.9 percent Additional Medicare Tax that was imposed as part of the Affordable Care Act. The final regulations that were released last week more or less adhere to the proposed regulations that...