A Look at President-Elect Trump’s Tax Plan
President-elect Donald Trump’s tax reform plan was released earlier this year. The affects on businesses include: Reducing the top corporate income tax rate from 35% [...]
Employers: January 2017 Is Busier Than Ever with New Due Dates
December and January are undoubtedly busy times for businesses with closing out their calendar years, gathering documentation for their accountants, tax preparers, and auditors, and [...]
Board Development Imperative to a Not-for-Profit’s Future
Our world is changing at a record pace, particularly here in the United States. As a result nonprofit organizations need to plan accordingly, not only [...]
The New DOL Fiduciary Rule – What Plan Sponsors Need to Know!
The U.S. Department of Labor (DOL) published its long awaited and highly controversial final rule on April 6, 2016, which addresses when a person is considered a fiduciary under the Employee Retirement Income Security Act of 1974 (ERISA), when providing investment advice to a Plan, its participants and beneficiaries.
Explaining the New FLSA Overtime Rule
The Labor Department has issued a rule that doubles the salary threshold for overtime exemption, effective Dec. 1. This is a big change for business [...]
Company Retirement Plans Made Easier – Ask Anna
Question: My Company had a good year and my accountant says I could use some more deductions on my tax return. Can I contribute extra to my [...]
New Standard Changes How Leases are Treated Effective Late 2019
Accounting Standards Update (ASU) 2016-02, Leases (Topic 842) – issued February 25, 2016 For most non-public entities this update is effective for fiscal years beginning [...]
10 Habits to Keep Your Medical Practice in Good Financial Shape
Everyday you give patients advice on how to stay in shape, how to avoid chronic diseases and how to recover from an unexpected health crisis. [...]
PBMares Clarifies Startup Tax Deductions
Tax Deductions for Start-Ups There are many deductions startups CAN deduct, but there are restrictions on HOW they are deducted. As an entrepreneur, you may [...]
The Protecting Americans From Tax Hikes Act of 2015
Extended Credits Help Lessen Business Taxes As a business owner filing taxes in 2015, you’ll want to consider taking advantage of federal tax breaks that [...]