Newsletter

Welcome to the Tax Alert Monthly Newsletter

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

April 2018

  • Getting To Know Your Credit And Debit Cards A Bit Better
  • No Kidding: Child Credit To Get Even More Valuable
  • What Is “Reasonable Compensation,” Anyway?
  • Tax Calendar
  • The New Deal On Employee Meals (And Entertainment)

March 2018

  • Dynasty Trusts Are More Valuable Than Ever
  • Heed The Warning Signs Of W-2 Phishing Scams
  • Business Owners: Brush Up On Bonus Depreciation
  • The Changing Face Of Personal Exemptions And The Standard Deduction

February 2018

  • Take A Look At The Domestic Production Activities Deduction
  • Making 2017 Retirement Plan Contributions In 2018
  • Do You Know The Tax Impact Of Your Collectibles?
  • When An Elderly Parent Might Qualify As Your Dependent

January 2018

  • Still Important: The Tax Impact of Business Travel
  • Help Prevent Tax Identity Theft by Filing Early
  • Owner-Employees Need to Stay Up to Speed on Employment Taxes
  • Tax Calendar
  • 4 Financial Planning Tips for Second Marriages

December 2017

  • Educate Employees on Required Minimum Distribution Rules
  • DAPTs Offer a Homegrown Approach to Asset Protection
  • 5 Common Mistakes When Applying for Financial Aid
  • Ensuring Your Year-End Donations Are Tax Deductible

November 2017

  • Handle With Care: Mutual Funds and Taxes
  • Bad Debts Aren’t Always Bad News
  • Pondering the Purchase of a Life Insurance Policy
  • Are Frequent Flyer Miles Ever Taxable?

October 2017

  • How to Steer Clear of Tax Issues Related to Shareholder Loans
  • Wills and Living Trusts: Estate Planning Imperatives
  • Tax Calendar
  • Should You Change Your Business – or Transform It?

September 2017

  • Do You Need the Protection of a D & O Insurance Policy?
  • Beware the Ongoing Risk of Employee Misclassification
  • Understanding the Differences Between Health Care Accounts
  • 5 Keys to Disaster Planning for Individuals

August 2017

  • Should You Convert From a C Corporation to an S Corporation?
  • Cool Down with a Dip Into Your Tax Records
  • IRS Permits High-Earner Roth IRA Rollover Opportunity
  • Shifting Capital Gains to Your Children

July 2017

  • Why You Should (or Shouldn’t) Pursue an Acquisition
  • Leasing Property to Your Business Might Trigger Undesirable Tax Consequences
  • Which Type of Mortgage Loan Meets Your Needs?
  • Tax Calendar
  • Know Your Tax Hand When it Comes to Gambling

If you have any questions or comments about the newsletter, please send them to cpa@lcs-cpa.com

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