Category: Tax Services
Although the effective date is still more than a year out, business owners and Accounting personnel are starting to prepare and ask questions on how the new standard will affect them. While the new standard will have substantial effects on some industries (Construction, Insurance, Not-for-Profit) , others won’t notice much...
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The IRS has posted several warnings in the last couple weeks related to W-2 phishing scams. Please make sure you have procedures to verify the validity of requests for sensitive information to protect you and your organization from these scams. Cybercriminals will “spoof” an executive’s email and request sensitive information...
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Many people believe that the Estate Tax only affects the very wealthy. With a 2016 Federal Estate Tax Exemption of $5,450,000 (increasing to $5,490,000 for 2017) and the opportunity to carryover any unused exemption to a surviving spouse (under a DSUE election) allowing a married couple to shelter up to...
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In September 2013, I was interviewed by Copeland Buhl & Company employees for a full-time staff accountant position. Over the course of the day, I met a variety of employees who greeted me kindly, discussed company sponsored events, and explained their experience working at the company. I remember driving home...
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There are some steps you can take to reduce your income tax liability for 2015. Many things will be similar to last year, as the 2015 tax rates and tables saw only small changes from those in 2014. The first planning tool to consider is to reduce income tax liabilities...
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