Jeff's Blog

Thoughts from Our Managing Partner and Other M&S Thought Leaders

With the new year just beginning, now is the perfect time to start organizing your tax records. Granted, it may not be something you relish doing, but tacking this now can save you a multitude of headaches later. Tax law rules Generally, you should keep tax-related records until the statute of limitations expires (or, in other words, as long as the IRS has the ability to audit your return or...
Do you make nondeductible contributions to a traditional IRA? If so, it is important to understand the tax treatment of distributions to ensure you're not taxed twice on the same income. Justify your strategy There are several reasons you might make nondeductible contributions to an IRA: You or your spouse has an employer sponsored retirement plan and your income exceeds the threshold, reducing...
It's easy to understand why more and more businesses are taking a "bring your own device" (BYOD) approach to the smartphones, tablets, and laptops many employees rely on to do their jobs. BYOD can boost employee efficiency and satisfaction, often while reducing a company's IT costs. But the approach isn't without risk for both you and your staff. Therefore, a formal policy that combines...
IT consultants are many things - experts in their field, champion of the workaround, and, generally, the "people persons" of the tech field. But they're not magicians who, with the wave of a smartphone, can solve any dilemma you throw at them. Here are six ways to get more value from your company's next IT consulting relationship: Spell out your needs. Define your desired outcome in as much...

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