Individual taxpayers in the United States are given the choice to take either the itemized deduction or the standard deduction. The standard deduction is a fixed amount determined by the IRS based upon filing status and adjusted for inflation each… Read More
The final installment of our 2014 Anders Health Care Webinar Series was held on November 19, we discussed Tax Planning Opportunities and the Affordable Care Act. Thank you to those that joined us. Below is a link to access the… Read More
Segregation of Duties is imperative for any business – no individual should have so much access to enable them to execute transactions across an entire business process without a good system of checks and balances. If you are struggling with… Read More
This time of year, many public accounting firms are focusing on hiring full-time employees, part-time employees, and interns for the upcoming “busy season.” The question many interns or straight-out-of-college candidates have to address is: How do I choose where I… Read More
In our continued effort to educate our clients on the many nuances of the IRS Final Repair Regulations, this post focuses on what we see as a taxpayer friendly aspect of the regulations – the Partial Asset Disposition Election.
The… Read More