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Blog Month: June 2018

Do you know the ABCs of HSAs, FSAs and HRAs?

There continues to be much uncertainty about the Affordable Care Act and how such uncertainty will impact health care costs. So it’s critical to leverage all tax-advantaged ways to fund

US Supreme Court South Dakota v. Wayfair

The US Supreme Court just handed down their decision on the Wayfair case.  This case sets a precedence for major changes in sales & use tax filing requirements by retailers. 

2018 Q3 tax calendar: Key deadlines for businesses and other employers

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2018. Keep in mind that this list isn’t all-inclusive, so there may

Procurement Standards to Uniform Guidance and Your Organization

All recipients of federal awards should familiarize themselves with the changes in the Uniform Guidance.  Even if your federal awards are passed through the state or another organization, Uniform Guidance

3 Easy Ways to Safeguard Your Church’s Assets

As church members, we probably do not want to entertain the idea that the people handling the church finances could be dishonest. But, the truth is that fraud is a

Best Practices for Offertory Controls

“We have such wonderful staff. They would never do anything.” “Oh, he’s been a volunteer counter for years. We trust Bill.” “Our staff is so small. Thankfully, Jill is able

How Your Business Can Benefit from the New Family and Medical Leave Tax Credit

Question: What is the new Family and Medical Leave tax credit and how does it benefit my business? Answer: The 2017 Tax Cuts and Jobs Act recently introduced a new

The tax impact of the TCJA on estate planning

The massive changes the Tax Cuts and Jobs Act (TCJA) made to income taxes have garnered the most attention. But the new law also made major changes to gift and

Saving tax on restricted stock awards with the Sec. 83(b) election

Today many employees receive stock-based compensation from their employer as part of their compensation and benefits package. The tax consequences of such compensation can be complex — subject to ordinary-income,

Factor in state and local taxes when deciding where to live in retirement

Many Americans relocate to another state when they retire. If you’re thinking about such a move, state and local taxes should factor into your decision. Income, property and sales tax