How are court awards and out-of-court settlements taxed?
December 9, 2021
If you’re going to receive a personal injury or discrimination settlement or award, you want the best tax result possible. Here are the basic rules of when amounts are tax free or taxable.
The tax implications of owning a corporate aircraft
December 8, 2021
Ever wonder how much of a tax break you’d get if you bought a private plane for your business? Here are the basic rules.
Coming soon: New accounting rule on government assistance disclosures
December 7, 2021
Local governments often provide tax breaks and other financial incentives to lure businesses to town. How much detail are businesses required to disclose about these transactions?
New regulations require reporting of certain group health plan data
December 6, 2021
Does your organization offer a group health plan? If so, federal agencies recently issued final regs regarding the required reporting of certain data related to your plan. Details here.
With year-end approaching, 3 ideas that may help cut your tax bill
December 3, 2021
Before you know it, we’ll be ringing in 2022. You may still have time to reduce your 2021 federal tax liability by taking these steps.
