losses
provisions

IRS updates FAQs on Certain ACA Provisions

The Trump Administration and the Republican majority in Congress plan to repeal and replace the Affordable Care Act (ACA) in the coming months. In the meantime, however, employers must continue to comply with the existing rules for 2016, including…
business

Thinking about Selling Your Business? Add Value Now

Business succession and exit planning should ideally be done over a long period of time (unless illness or another emergency makes it necessary to address them in the short term). Your business should be readied for sale on a continuing basis.…
generations

Nurture Understanding Between Generations for a Peaceful Workplace

Is there frustration building in your organization due to clashing generations about work? If so, you are not alone. The good news is it doesn't need to trigger an explosion. In many workplaces, Baby Boomer and Gen X supervisors are exasperated…
will

Transferring Real Estate to Heirs: Issues that Can Arise Without a Will

When someone dies owning real estate, problems may occur -- especially if the individual doesn't have a will. This article addresses some of the issues that could arise so that you can plan ahead to make the process go smoothly for your…
capital

Land Is Not Always a Low-Taxed Capital Asset

In one U.S. Tax Court decision involving several consolidated cases, the court concluded that gains from a partnership's land sales were high-taxed ordinary income rather lower-taxed long-term capital gains. We'll explain the decision, but…
real estate
tax figures

Important Tax Figures for 2017

Every year, the dollar amounts allowed for various federal tax benefits are subject to change based on inflation adjustments and legislation. Here are some important tax figures for 2017, compared with 2016, including the estate tax exemption,…