Tax Bites: Don’t Overlook Reinvested Dividends
One of the most common mistakes investors make is forgetting to increase their basis in mutual funds to reflect reinvested dividends. Many mutual fund investors automatically reinvest dividends in additional shares of the fund. These reinvestments increase tax basis in the fund, … Continue reading
Transfer Pricing Audit Roadmap
To address the importance of proper transfer pricing documentation and adherence to the complex rules, on February 18, 2014, IRS’s Large Business and International division (LB&I) issued a highly detailed “transfer pricing audit roadmap,” which includes audit techniques and tools to assist … Continue reading
Are Our Companies Killing Us?
Are our companies killing us? For those of you that are regular readers of my blog, I’m sure you have noticed that I love the work of Simon Sinek. One of my favorite Sinek videos is his TED talk on How Great … Continue reading
Tax Bite: Could deducting state and local sales taxes save you more?
For the last several years, taxpayers have been allowed to take an itemized deduction for state and local sales taxes in lieu of state and local income taxes. Although this break hasn’t yet been extended to 2014, it … Continue reading