Advisories
Explore our collection of advisories
Repeal of Alimony Deduction May Have Unintended Consequences on Post Divorce Grantor Trusts
The Tax Cuts and Jobs Act, (The Act), has brought with it many changes that impact all taxpayers. One of the provisions of The Act that may impact many Americans is the new legislation that repealed the alimony deduction after 12/31/2018. Most people ...
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Making Stock Sales Less Taxing
Patient investors generally have prospered over the long term. Nevertheless, there are many reasons for selling stocks. Knowing the basics can help improve your tax position. Selling shares held in a taxable account will trigger taxable capital gains ...
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Do You Know Who Your Partnership Representative Is? The IRS Wants to Know
It is now the middle of February, 2019 and we have already been exposed to a great many tax returns that are subject to the new IRS Partnership audit rules, which became effective on January 1, 2018. Unfortunately, we have seen very few Partnerships ...
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Double IRA Season Is Here!
The start of each year might be considered “Double IRA” season. Until mid-April (the 15th, in 2019), you still can make contributions to an IRA for 2018, if you have funds you’d like to save for retirement. Most workers and their spouses may ea ...
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Do Business Anywhere, Anytime with Business Central's Mobile App
People nowadays are perpetually connected to the things that fuel their lives: work, family, passion, and play. And the world of business is no different. As a result, we’re constantly finding new ways to stay connected another in the most seamless ...
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Why Integrate Office 365 and Dynamics 365?
Five years after Microsoft introduced Office 365, the tech giant launched Dynamics 365 (D365) to further help businesses reach their goals. Integrating these solutions has become easier with every iteration, thanks to the cloud. This affords small- a ...
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The New Section 199A Deduction and Its Impact on Real Property Ownership
The Tax Cuts and Jobs Act, (The Act), has brought with it many changes that impact all taxpayers. Real property owners in particular, need to be aware of the impacts of these changes, and plan for them accordingly. One of the most significant changes ...
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Eliminating the Problems of Complicated Payroll with an ERP System
Anybody who has worked in payroll knows that it is one of the most headache-inducing aspects of running a business. That’s mainly because of all the requirements set forth by South Florida laws and regulations, and the fact that in payroll, accurac ...
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How Business Central Helps You Analyze Data Efficiently
Unlike a retro vehicle or fine wine, old accounting systems don’t get better with age. In fact, they can hinder growth due to factors like lack of flexibility, incompatibility with modern systems, and vulnerability to cyberattacks. If your business ...
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IRS Waives Estimated Tax Penalty for Many 2018 Filers
The IRS has issued an announcement stating that it will be waiving the penalty for many taxpayers whose tax withholding and estimated tax payments fell short in 2018. According to the announcement, the IRS is “generally waiving the penalty for ...
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