Health care coverage gaps happen. Whether because of job loss or an extended sabbatical between gigs, you may find yourself without health care for a period. Here are some tax consequences you should know about,…

As you have heard, the only certainties in life are “death and taxes.” Prudent couples plan for the future, including the reality of death, even when both partners expect to live for decades. Someone who…

The Tax Cuts and Jobs Act (TCJA) put some sharper teeth into the “kiddie tax” rules. But with some astute planning, parents can avoid dire tax consequences. Starting this year, the calculation used to tax…

A cleaner, quicker, more organized month-end. Here’s something your future self will thank you for! At the end of each month accounting departments collect, analyze and record financial data in a process known as “closing…

Every small business eventually hits a rough patch. It’s easy to get discouraged when it happens. But look at the upside: you have infrastructure in place, you have existing customers and most importantly, you have…

The Tax Cuts and Jobs Act (TCJA) contains many provisions which affect business and business owners.  Some of these changes are specific to certain circumstances or types of business.  The depreciation changes, however, may apply…

In late 2017, it was reported that the extent of the Equifax data breach was estimated to have impacted 140+ million individuals. Last week the major credit bureau came forward with updated data on the…

The Tax Cuts and Jobs Act (TCJA) was passed by Congress in a hurry late last year, and the IRS and tax preparers have been working to digest some of the more thorny issues created…