News & Resources

Tax-advantaged retirement plans allow your money to grow tax-deferred — or, in the case of Roth accounts, tax-free. But annual contributions are limited by tax law, and any unused limit can’t be carried forward to

Payroll and HR Professionals Beware Earlier this week, the IRS issued an alert specifically targeted for human resources and payroll professionals to be aware of an email scheme.  This phishing scheme appears to come from

On February 25, 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842). This new ASU is effective for fiscal years beginning after December 15, 2018 for a

When it comes to deducting charitable gifts, all donations are not created equal. As you file your 2015 return and plan your charitable giving for 2016, it’s important to keep in mind the available deduction:

This month’s newsletter includes the following: Electronic Payment Required for Form PC Filers Greg Rogers’ Nonprofit Special Events Reporting Whitepaper Giving Up 1.6%, Online Gifts Still In Single Digits Tax-Exempt Update Read the entire newsletter.

If there was a college student in your family last year, you may be eligible for some valuable tax breaks on your 2015 return. To max out your education-related breaks, you need to see which

The PATH Act extended the Work Opportunity Tax Credit for five years AND expanded the definition of eligible employees to include the long-term unemployed. If you’re considering hiring someone who falls in one of the targeted

Today it’s becoming more common to work from home. But just because you have a home office space doesn’t mean you can deduct expenses associated with it. Eligibility requirements If you’re an employee, your use

Bonus depreciation allows businesses to recover the costs of depreciable property more quickly by claiming additional first-year depreciation for qualified assets. The Protecting Americans from Tax Hikes Act of 2015 (the PATH Act) extended 50%

This month’s newsletter includes the following: 1099 Filing Reminder Controversial charitable donation rules withdrawn 40 Under 40: Young Leaders Who Are Solving the Problems of Today — and Tomorrow Nonprofits Report Giving Boost for 2015