Articles

  • Accounting for Acquisitions
  • Acquiring a company can be a great way to get started in a new industry or to grow an existing business.  The combination of physical assets, business relationships and business processes used to create a competitive advantage are often painstakingly learned through years of trial and error.  It is possible to realize these synergies by […]Read More
  • Small Businesses and the American Taxpayer Relief Act of 2012
  • There has been much debate about how valuable the American Taxpayer Relief Act of 2012 has been for most people.  Although the bill provides income tax relief for 98 percent of Americans, working taxpayers were hit with a 2 percent increase in the payroll tax on January 1, 2013.  This largely negated any benefit most […]Read More
  • Gifts and Taxes
  • Christmas has always been one of my favorite times of the year.  People are a little nicer, a little more generous and most of us enjoy participating in one of the season’s best traditions – gift giving.  Although tax implications are often the furthest thing from most peoples’ minds when they are celebrating, it pays […]Read More
  • Bypassing Obamacare’s Medical Deduction Floor
  • On June 28, 2012 the Supreme Court upheld the constitutionality of the Affordable Health Care act requiring US citizens and legal residents to maintain health coverage.  There has been much discussion about the Medicare surtax, but few people are talking about a change that will be targeting the middle class – the increase in the […]Read More
  • Overwhelmed by Back Taxes? Try an Offer In Compromise
  • OK, so you fell behind on your taxes.  Correction, you have fallen way behind on your taxes and the situation looks totally hopeless.  Now you are wondering what you are going to do.  Well, first off, don’t panic, you are not the first person to find themselves in this situation.  Don’t let a fast talking […]Read More