Finance & Accounting

What do the 2014 Tax Relief Extender Laws Mean to You?

As 2014 wraps up, Congress has just approve HR (House Resolutions) Bill 5771 which retroactively provides significant tax deductions for individuals and corporate taxpayers. So, what do the tax relief extender laws mean to you?  Here are a few of the highlights … Continue reading

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Tax Update: Businesses, individuals benefit from latest tax relief extender law

Businesses, individuals benefit from latest tax relief extender law On Dec. 16, the Senate passed the Tax Increase Prevention Act of 2014 (TIPA), which the House had passed on Dec. 3. TIPA is the latest “extender” package, a stopgap measure that retroactively … Continue reading

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Tax Bites: How much time is left to make donations you can deduct on your 2014 return?

To take a 2014 charitable donation deduction, the gift must be made by Dec. 31, 2014. According to the IRS, a donation generally is “made” at the time of its “unconditional delivery.” But what does this mean? Is it the date you, … Continue reading

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Fraud Spotlight: Searching for Cost Reduction?

Many companies have focused intently on cost reduction during the years since the 2008 recession. Reducing labor costs through workforce reduction and early retirement programs, streamlining operational procedures, renegotiating contracts with vendors and service providers, and, in general, doing more with less … Continue reading

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2014 Year End Tax Planning Guide

As 2014 nears a close, the focus shifts from the election to post-election tax planning. Although Congress is still divided on many key issues, we expect an extenders bill coming soon. In the meantime, the following are suggested planning tips to take prior … Continue reading

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