Which tax-advantaged health account should be part of your benefits package?

On October 12, an executive order was signed that, among other things, seeks to expand Health Reimbursement Arrangements (HRAs). HRAs are just one type of tax-advantaged account you can provide your employees to help fund their health care expenses. Also available are Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs). Which one should you include in your benefits package?

Your 2017 tax return may be your last chance to take the “manufacturers’ deduction”

While many provisions of the Tax Cuts and Jobs Act (TCJA) will save businesses tax, the new law also reduces or eliminates some tax breaks for businesses.

Personal exemptions and standard deductions and tax credits, oh my!

Under the Tax Cuts and Jobs Act (TCJA), individual income tax rates generally go down for 2018 through 2025. But that doesn’t necessarily mean your income tax liability will go down.

Five Things to Remember about Hobby Income and Expenses

From scrapbooking to glass blowing, many Americans enjoy hobbies that are also a source of income. A taxpayer must report income on their tax return even if it is made from a hobby.

How to determine if you need to worry about estate taxes

Among the taxes that are being considered for repeal as part of tax reform legislation is the estate tax. This tax applies to transfers of wealth at death, hence why it’s commonly referred to as the “death tax.” Its sibling, the gift tax — also being considered for repeal — applies to transfers during life. Yet most taxpayers won’t face these taxes even if the taxes remain in place.

2018 Social Security Changes

SOCIAL SECURITY FACT SHEET

Updated Form I-9

Attention Employers:  Beginning Monday, September 18, 2017, employers are required to begin using the new version of Form I-9 for each new employee.

Beware of Charity Scams Following Recent Tragedies in Boston and Texas

Scam artists often use major disasters and tragedies to try and steal money or get private information from well-intentioned people. Sometimes they use personal information to steal identities.

Time for a business structure check-up

Whether a partnership, an S corporation or another structure is best for a business can change over time, so a structure checkup is a good idea.

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Has someone stolen your refund?

Tax-related identity theft was the most common form of identity theft reported to the Federal Trade Commission in 2014. Here's what to do if you're among the victims in 2015.

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