New Rules will soon Require Employers to Annually Disclose Retirement Income to Employees

As you’ve probably heard, a new law was recently passed with a wide range of retirement plan changes for employers and individuals. One of the provisions of the SECURE Act involves a new requirement for employers that sponsor tax-favored defined contribution retirement plans that are subject to ERISA.
Specifically, the law will require that…

IRS issues guidance on new bonus depreciation rules

The Tax Cuts and Jobs Act (TCJA) significantly expands bonus depreciation under Section 168(k) of the Internal Revenue Code for both regular tax and alternative minimum tax (AMT) purposes. Now, the IRS has released proposed regulations that clarify the requirements that businesses must satisfy to claim bonus depreciation deductions. Although the regs are only proposed…

July 13 , 2018 | Posted by Brad Schueler |

Tax Planning and Your Investment Portfolio

Summertime is back upon us and brings with it a break from school for families, summer vacations, and generally a more relaxed pace of life.  The stock market has gotten off to a volatile start this summer.  Market volatility can lead to rebalancing of a portfolio, which may, however, lead to tax consequences from capital…

May 16 , 2018 | Posted by Mike Clark |

Welcome Jay Rueger, Tax Partner

We are pleased to announce Jay Rueger as the newest member of the team.  Rueger, who has more than 18 years of public accounting experience, will serve as a Tax Partner working with high net worth families and their family offices, as well as closely held businesses.

“It’s an honor and a privilege to come…

January 19 , 2017 | Posted by John Eberhart |

AICPA’s New Financial Reporting Framework for Small and Medium Sized Entities

Abstract:   The AICPA’s new Financial Reporting Framework for Small- and Medium-Sized Entities (FRF for SMEs) has the potential to benefit borrowers and lenders alike. But it’s important for lenders to analyze clients on a case-by-case basis to see whether it’s appropriate to accept financial statements prepared in accordance with the FRF for SMEs. This article…

November 17 , 2016 | Posted by Whitney Hurtt |

November 2016 Tax Compliance

Due Date Changes for 2016 returns

In July 2015, the highway funding bill was enacted. The bill modified the due date for several common returns with tax years beginning after December 31, 2015.  These changes were made with hopes of getting K-1’s in the hands of owners in advance of those owners’ actual filing deadlines.