Newsletter

Spring 2018

March 23, 2018
  • When the Tax Cuts and Jobs Act (TCJA) was signed into law in late 2017, it set in motion the most dramatic overhaul of the federal income tax system since the 1980s. The new law generated many headlines about reduced taxes for businesses. But it also will bring some significant changes to the amounts individual taxpayers end up owing the IRS, starting this year and generally running through 2025...
  • The new federal tax legislation signed into law in late December 2017 triggers a massive overhaul of the U.S. tax regime. The Tax Cuts and Jobs Act (TCJA) has been widely heralded as business-friendly, and that description is no joke. If you own a business, you’re likely to enjoy substantial tax cuts, even if you don’t benefit from the new 21% corporate tax. Here are some of the most significant...
  • Do you truly understand your company’s financial statement? If you have a good handle on its three components — the balance sheet, income statement and statement of cash flows — you should be equipped to make wise business decisions. Behold the Balance Sheet On this report, you tally your company’s assets, liabilities and net worth to create a snapshot of its financial health. Net worth or owners...
  • If you manage your finances well, you might have extra cash after you’ve paid your monthly bills. What should you do with this extra money? You could spend it, of course, or invest it for the future. But there’s another option to consider: Making additional mortgage payments toward your principal to pay off your mortgage loan early. Many financial experts are divided about whether investing extra...