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Save Taxes While Controlling Employee Health Costs
If rising health care costs have sent your company searching for ways to reduce expenses, you should know there are alternatives to standard medical insurance plans.
IRS Announces 2018 Contribution Limits
In mid-October, the IRS released the 2018 contribution and benefit limits for retirement and other benefit plans types.
Year-End Planning: Charitable Donations
Some surveys indicate that more than 30% of all charitable giving occurs in December, and that over 10% of donations are made in the last three days of the year.
Year-End Planning: Business Tax
IRC Section 179 permits “expensing,” or first-year tax deduction, of outlays for business equipment that otherwise would be recovered through depreciation over many years.
Impact of the Proposed Partnership Audit Regime
The IRS recently released new proposed regulations designed to significantly change the rule under which an audit of a partnership can occur.
Nonprofit Industry: Audit Guide
Is your nonprofit organization required to have a financial statement audit in the current fiscal year?