Welcome to the Tax Alert Monthly Newsletter

April 2019

  • Running Your Personal Finances Like a Business
  • Business vs. Hobby: The Tax Rules Have Changed
  • Are Income Taxes Taking a Bite Out of Your Trusts?
  • Tax Calendar
  • Small Business Owners Should Double-Check Their Tax Returns

March 2019

  • Weigh the Tax Impact of Income vs. Growth When Investing
  • Deducting Charitable Gifts Depends on a Variety of Factors
  • Did You Repair Your Business Property or Improve It?
  • There May Be Unclaimed Property With Your Name on It

February 2019

  • Multistate Resident? Watch Out for Double Taxation
  • You’ve Got Time: Small Business Can Still Set Up a 2018 SEP Plan
  • Fewer Taxpayers to Qualify for Home Office Deduction
  • Throwing Snowballs at Your Mountain of Debt

January 2019

  • Installment Sales: A Viable Option for Transferring Assets
  • How to Trim the Fat From Your Inventory
  • Laying the Groundwork for Your 2018 Tax Return
  • Tax Calendar
  • 7 Ways to Prevent Elder Financial Abuse

December 2018

  • An Intrafamily Loan is Worth Careful Consideration
  • Use Capital Losses to Offset Capital Gains
  • Accelerating Your Property Tax Deduction to Reduce Your Tax Bill
  • Is a PTO Contribution Arrangement Right for Your Business?

November 2018

  • Taxable vs. Tax-advantaged: Where to Hold Investments
  • Is Now the Time for Some Life Insurance?
  • Getting Caught Up With the Latest Catch-up Contributions
  • Year-end Tax Strategies for Accrual-basis Businesses

October 2018

  • Are You a Member of the Sandwich Generation?
  • Avoid Penalties by Abiding by the NQDC Tax Rules
  • Tax Calendar
  • DOL Has Increased Scrutiny of Defined Benefit Plans
  • Catching up with the Home Mortgage Interest Deduction

September 2018

  • TCJA Draws a Silver Lining Around the Individual AMT
  • How Spouse-Owned Businesses Can Reduce Self-Employment Taxes
  • Study Up on the Tax Advantages of a 529 Savings Plan
  • When is Bartering Taxable

August 2018

  • Take Note of the Distinctive Features of Roth IRAs
  • Assessing Your Exposure to the Estate Tax and Gift Tax
  • LLC and LLP Owners Should Befriend the PAL Rules
  • Is Your Company Overpaying on Sales and Use Taxes?

July 2018

  • Don’t Let the Kiddie Tax Play Costly Games with You
  • 4 Questions to Ask Before Hiring Household Help
  • ESOPs Offer Businesses Tax and Other Benefits
  • Tax Calendar
  • Retirement Plan Options for Business Owners

June 2018

  • How to be Tax-Smart When It Comes to Mutual Funds
  • Deducting Home Equity Interest Under the Tax Cuts and Jobs Act
  • 3 Common Types of IRS Tax Penalties
  • Beware of Tax Traps When Making an Employee a Partner

May 2018

  • Do You Have Your Own Wealth Management Plan?
  • Choosing Between a Calendar Tax Year and a Fiscal Tax Year
  • Get an Early Tax “Refund” by Adjusting Your Withholding
  • Foreign Accounts Call for Specific Reporting Requirements

If you have any questions or comments about the newsletter, please send them to

Feel free to contact us if you need technical support (330)-262-7111

image description