Does prepaying property taxes make sense anymore?
Prepaying property taxes has been a popular year-end tax-planning strategy. But does it still make sense? For many, particularly those in...
When holiday gifts and parties are deductible or taxable
It’s a great time of year for businesses to show their appreciation for employees and customers by giving them gifts or hosting holiday...
Catch-up retirement plan contributions can be particularly advantageous post-TCJA
Will you be age 50 or older on December 31? Are you still working? Are you already contributing to your 401(k) up to the regular annual...
Tax reform expands availability of cash accounting
The cash method of accounting offers greater tax-planning flexibility, allowing some businesses to defer taxable income. Under the TCJA,...
