How the Stimulus Package is Impacting Not-for-Profit Organizations
The Not-for-Profit sector has finally received some good news as it relates to COVID relief and the new…
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281 Results Found
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January 15, 2021
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January 6, 2021
How Employers Can Take Advantage of the Expanded Employee Retention Tax Credit
On December 27, 2020 President Trump signed into law a new relief bill in response to the continuing…
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December 29, 2020
Rehabbing a Historic Building? Historic Preservation Tax Credits Can Help
The Historic Preservation Tax Incentives Program works to revitalize communities across the country by offering a tax incentive…
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December 22, 2020
Gifting Personal or Business Assets to Children Using a Family Limited Partnership
Passing along a business or wealth to the next generation is a goal of many individuals. There are…
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December 8, 2020
How Working from Home Affects State Taxes in Missouri and Illinois
With many companies having a remote workforce for most of 2020, there are a lot of questions around…
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November 17, 2020
Making Your Business Valuable During COVID-19: Pivoting a Service to a Product
Service companies are disproportionately impacted by the economic disruption caused by the COVID-19 pandemic. While consumers are cutting…
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November 3, 2020
Blues Captain Leaves for Sin City: How State Income Taxes Played a Role in Alex Pietrangelo’s Departure
On January 3, 2019, no one could have predicted that the then St. Louis Blues captain, Alex Pietrangelo,…
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October 29, 2020
Year-End Tax Planning for 2020: RMD Changes, Tax Law Proposals and Strategies to Consider
Being nimble has seemed like a requirement for all of 2020. We have needed to be nimble with…
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October 20, 2020
How Real Estate and Construction Contractors Can Avoid Overpaying Sales and Use Tax
Whether you’re a real estate broker and independent contractor or a general or sub-contractor working in construction, sales…
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October 13, 2020
How the Presidential Election Could Impact Your Taxes
As election season comes to a head, taxpayers across the country are wondering how their families and businesses…
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September 29, 2020
Net Operating Loss Carrybacks Offer a New Cash Flow Opportunity Under the CARES Act
The CARES Act has created many tax planning opportunities for individuals and businesses alike. One of these opportunities…
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September 22, 2020
179D Tax Deduction Extended Through 2020 for Energy Efficient Building Improvements
Commercial building owners can now take advantage of the 179D tax deduction for energy efficient building upgrades through…
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September 17, 2020
How Businesses Can Add Value to Recover from COVID-19
If you’re like most business owners, the first quarter of the year was progressing like any other. Then, suddenly…
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September 3, 2020
How the 2020 Presidential Election Could Impact Your Estate Planning
With the presidential election quickly approaching, it’s important for individuals with large estates to begin considering how the…
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September 3, 2020
Using Form 990 to Market Your Not-for-Profit
While tax-exempt not-for-profit organizations don’t typically have federal tax liability, most are still responsible for filing an annual…
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September 1, 2020
How a CARES Act Correction to Qualified Improvement Property Can Increase Cash Flow for Bars and Restaurants
After the Tax Cuts and Jobs Act (TCJA) of 2017 brought some unintended consequences to the tax treatment…
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August 25, 2020
How the CARES Act Encourages Charitable Giving in 2020
To encourage more charitable giving in 2020 and to help charitable organizations recover from the pandemic, the CARES…
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August 14, 2020
Robert Willeford Warns Dentists of Consumer Use Tax in the Dental Arch
Many dentists are aware that dental services are generally exempt from sales tax. But when dentists sell tangible…
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August 13, 2020
My Employee Tested Positive for Coronavirus, What Should I Do?
As the pandemic continues, employers are asking a lot of questions around what they need to do when…
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August 13, 2020
Proposed Regulations Define “Real Property” for Like-Kind Exchanges
The IRS released proposed regulations defining property that can qualify for like-kind exchanges under changes imposed by the…
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August 11, 2020
How Does the CARES Act Affect My Retirement Distributions in 2020?
While the CARES Act relief efforts were largely targeted towards businesses, there were also significant changes around rules…
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August 10, 2020
How President Trump’s Executive Order Affects Payroll Taxes for Employees
On August 8, 2020, President Trump signed an executive order to defer certain payroll tax obligations to provide…
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July 28, 2020
How to Beat the Odds and Successfully Transition Your Family Business
If you want to find examples of failed family business transition plans, you don’t have to search very…
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July 27, 2020
Stock Up on School Supplies During Missouri’s Back to School Sales Tax-Free Weekend August 7-9
While “going back to school” may look different this year, the Missouri Back to School Sales Tax Holiday…
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July 2, 2020
Did You Miss the Perfect Time to Sell Your Business?
Stockholders have been on a rollercoaster for much of 2020. The market was chugging along pretty nicely, continuing…
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June 25, 2020
Is My Business Eligible to Claim the Employee Retention Tax Credit?
Qualified businesses can now take advantage of the employee retention tax credit as a COVID-19 relief option. For business…
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June 23, 2020
Paying Too Much in Taxes? Here are Common Expense Deductions Startups Miss
Many profitable companies, including startups, are paying more in taxes than they should solely because they are not…
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June 18, 2020
How Low Stock Values and Interest Rates Can Work in Your Benefit for Estate Tax Planning
COVID-19 has changed the entire world, including how we do business, see loved ones, or even go to…
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May 22, 2020
Temporary Location Treatment by State for Work From Home Employees During COVID-19
In response to the stay-at-home orders issued by the states, many states are addressing their treatment of the…
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April 23, 2020
Sales and Use Tax Reviews Provide Opportunity for Businesses to Recover Overpaid Taxes
With the COVID-19 pandemic impacting businesses across industries, this is an ideal time to look for other ways…
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April 16, 2020
State Tax Deadline Extensions Due to COVID-19
In response to the Federal Government’s deadline extensions for federal income tax filings and payments, many states are…
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April 14, 2020
IRS Defers Employment Tax Deposits and Payments Through 2020
The IRS recently released guidance on the CARES Act employment tax deposit deferral. Below are the highlights of…
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March 20, 2020
IRS Extends Federal Tax Filing Deadline to July 15 in Response to COVID-19
The IRS has officially extended the federal income tax filing and payment deadline from April 15 to July…
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March 10, 2020
Protect Yourself Against Tax-Related Identity Theft with a New Tool from the IRS
It’s crunch time for filing individual tax returns, which means tax-related identity theft is on the rise. Each…
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March 3, 2020
If Your Accounting Firm is Organized as a Partnership, the IRS Requires 1099s for Fees Paid
The IRS requires businesses, self-employed individuals, and not-for-profit organizations to issue Form 1099-MISC for professional service fees of…
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March 3, 2020
How Business Owners Can Increase Company Value While Empowering Employees by Taking a Step Back
If a company finds itself in a position where customers always insist on speaking with the owner directly…
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