February 14, 2018 Families With College Students May Save On Their Taxes The recently passed Bipartisan Budget Act of 2018 included an extension of the tuition and fees deduction. But that may … Read More
February 9, 2018 Fixed vs. Variable Costs: How To Compute Breakeven Breakeven point is a helpful management tool. To calculate breakeven, you just need your income statement, a simple formula and … Read More
February 7, 2018 Is Your Nonprofit Ready To Hire New Staffers? Hiring can be expensive, so first make sure your nonprofit carefully considers whether a larger staff really is necessary and … Read More
February 6, 2018 TCJA Temporarily Lowers Medical Deduction Threshold The new tax law makes it easier to claim the medical expense deduction on your 2017 tax return. It provides … Read More
February 5, 2018 How To Best Report your Work in Progress (WIP) Costs Is your accounting for work in progress (WIP) accurate? To find out, your auditors carefully analyze your methods of allocating … Read More
February 1, 2018 How Nonprofits Can Regain Their Tax-Exempt Status If your nonprofit has lost its tax-exempt status, you can apply to regain your status by filing Form 1023 or … Read More
February 1, 2018 Weather or Not, Stay Invested When Storm Damages Hit Investors act irrationally, thinking they can time the markets or shift investments due to pending storm damages. Read More
January 27, 2018 Section 199A Deduction of Qualified Business Income of Pass-Through Entities On Friday, December 22, President Trump signed sweeping tax reform (the “Act”) into law. The Act provides the most comprehensive … Read More
January 27, 2018 NY Life Sciences Refundable R&D Tax Credit On January 24, 2018, The New York Department of Economic Development adopted the Life Sciences Research and Development Tax Credit … Read More
January 25, 2018 Participant Corner: Your Retirement Date Retirement can be the most wonderful time of your life, truly the golden years. It is up to you to … Read More
January 24, 2018 Collaborating For A Cause: Nonprofit Alliances Before forming an alliance with another organization, ensure that it shares your nonprofit’s values and is able to live up … Read More
January 23, 2018 Can You Deduct Home Office Expenses? You might be able to deduct home office expenses for 2017 but not 2018. The difference may depend on whether … Read More
