Tax planning is ultimately about proper wealth management. Given the complexity of federal and state income tax law, along with its ever-changing nature, you are faced with a seemingly insurmountable task of staying on top of it all. The following tax planning checklist for 2016 is your guide for ensuring you meet all deadlines as […]

The Affordable Care Act (ACA) became law in 2010. Each year, existing aspects of the law have changed via presidential executive orders, successful constitutional challenges of the law and with built-in indexing changes. These changes have forced Americans to keep up to date on the latest information about the health insurance mandate, also known as […]

In a three to two decision, the Supreme Court in Arkansas has reversed 29 years of decisional law in order to return to the statutes as written in the state. The Court found that three precedent setting cases beginning in 1987 through 2008 did not follow the state's statutes which were plainly written. In this […]

By Tom Stringer, Michelle Cammarata U.S. manufacturing is on the rebound, having added more than 730,000 jobs since the end of 2010. And industry analysts expect the sector to create at least another 700,000 jobs by the end of the decade, according to the Manufacturing Institute. Many of these jobs are the result of the return of […]

As your company assesses its various hiring needs this spring, consider the tremendous impact your company could have on your community by hiring special needs adults while also achieving tax savings. One way to do this to hire employees who are qualified SSI recipients. This will qualify your company for the work opportunity tax credit […]

By Jeffrey J. Schragg Tenants who meet certain conditions can get a tax break for Tenant Improvement (TI) allowances. New lease agreements are typically viewed as routine business decisions rather than tax-saving opportunities. Ignorance of rules can prove costly to a tenant who is unaware of the potential tax implications. As an enticement to a […]

Setting financial goals is admirable. Keeping your goals, amid life's changes, is another thing entirely. The objective should be to both set and maintain sound financial planning through life stages. Navigation through changing markets as well as your own changing financial needs through time presents the necessity for you to make some sound decisions along […]

By Ted Vaughan, Patrick Pilch In October, Walgreens announced plans to acquire Rite Aid in a deal that had been widely anticipated. The deal is most certainly going to reshape the retail market by creating a drugstore giant with nearly 13,000 stores in the United States; as well, it foretells of the significant changes occurring […]

By Randy Schwartzman, Patricia Brandstetter In recent years, tax-free spinoffs under Sec. 355 involving REITs became popular among corporations with real estate holdings. The essence of REIT spinoffs is that valuable real estate leaves the corporation and moves tax-free into the favorable REIT tax regime. New tax legislation that took effect December 7, 2015, severely curbs this […]