Newsletter

Fall 2018

November 01, 2018
  • Merging with, or acquiring, another company is one of the best ways to grow rapidly. You might be able to significantly boost revenue, literally overnight, by acquiring another business. Achieving a comparable rate of growth organically — by increasing sales of existing products and services or adding new product and service lines — may take years. And this year could turn out to be a ripe year...
  • Despite its name, the Tax Cuts and Jobs Act (TCJA) left several taxes unchanged, including the 3.8% tax on net investment income (NII) of high-income taxpayers. Fortunately, there are some strategies you can use to soften the blow of NII taxes. Are You Subject to the Tax? You’re potentially liable for NII taxes if your modified adjusted gross income (MAGI) exceeds $200,000 ($250,000 for joint...
  • Your business is considering doing business in another state. You’re estimating new income and expenses. But are you fully taking new taxes into account? Activating Nexus An important question to ask when it comes to facing taxation in another state is: “Do we have ‘nexus’?” Essentially, this term indicates a business presence that’s substantial enough to trigger that state’s tax rules and...
  • It’s a tough challenge that almost every adult faces: storing financial and tax documents. Not only is there confusion about which documents to keep, and for how long, but people also wonder how they should store and retain these records. Traditionally, important financial documents have been stored in paper form in a filing cabinet, fireproof safe or bank safe deposit box. But in the digital age...