Valuable gifts to charity may require an appraisal

If you donate valuable items to charity, you may be required to get an appraisal. The IRS requires ...
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Ensure your construction accounting system has the right features

Construction accounting is distinctively complex. Unlike other businesses that rely heavily on a general ledger to track finances, ...
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Valuing noncompetes in business combinations

Purchase price allocations are an important part of negotiating a successful M&A transaction. The value of most assets ...
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Passthrough Entity Tax Elections – What You Should Know

Passthrough entity tax elections are a hot topic these days, with numerous states passing this kind of legislation ...
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Keep tabs on culture to maximize productivity, minimize risks

Every workplace has its culture — whether a for-profit business, nonprofit organization, government agency or any other type ...
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Georgia Governor Signs Tax Reduction and Reform Act of 2022

On April 26, 2022, Governor Brian P. Kemp signed the Tax Reduction and Reform Act of 2022 which ...
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Are you and your spouse considering “splitting” gifts?

Gift splitting can be a valuable estate planning tool, allowing you and your spouse to maximize the amount ...
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What charitable givers need to know about taxes

Although most charitable donors aren’t primarily motivated by potential tax breaks, they still need to know how donations ...
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Want to turn a hobby into a business? Watch out for the tax rules

Like many people, you may have dreamed of turning a hobby into a regular business. You won’t have ...
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A segmented income statement can be a powerful management tool for manufacturers

A companywide income statement may be sufficient for lenders or other outsiders to evaluate your manufacturing company’s financial ...
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Understanding the terms of health care directives

Estate planning experts usually cite the need to include advance health care directives in a comprehensive estate plan. ...
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Form I-9 is changing; comments requested by May 31

Form I-9, “Employment Eligibility Verification,” is used to verify the identity and employment authorization of individuals hired for employment ...
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