- Tax Consequences of Giving Your Employees a Holiday Gift
- It is common practice this time of year for employers to give employees gifts. Where the gift is infrequently offered and has a fair market value so low that it is impractical and unreasonable to account for it, the gift’s value would be treated as a de minimis fringe benefit. As such it would be tax-free to the employee and tax deductible by the employer.
- Charitable Contributions and Year-End Tax Planning
- If you give to charity some important changes might be coming...
- Tax Reform Special Report
- On Friday, December 22, 2017, the "Tax Cuts and Jobs Act" (H.R. 1) was signed into law by President Trump. Almost all of these provisions go into law January 1, 2018.
- Watch This if You are Considering Year-End Business Purchases
- Watch this if you are considering year-end business purchases.
- Tips to Avoid Tax Penalties for 2017
- With the arrival of the holidays, we are thinking about family get-togethers, holiday gifting and parties. But right behind the good times is tax season. Before you get busy with holiday festivities, take the time to consider a couple of things you can do now to avoid or reduce potential penalties on your 2017 tax return.