Private Companies
Properly Allocate Your Combined Business & Vacation Travel Expenses
If you go on a business trip within the U.S. and add on some vacation days, you know you can deduct some of your expenses. The question is how much.…
How Buy-Sell Agreements Can Ensure Continuity
If you own a closely held business with at least one other partner, certain steps can be taken to guard against business disruption if you or the partner unexpectedly dies…
Rick Willinger Featured in MidJersey Magazine on Tax Tips for Business Owners
With the start of 2016, many business owners are looking at the opportunities and challenges that lie ahead. But this may also be the right time to take a look back, especially…
Develop A Strong Business Succession Plan
Most business owners want to see their business continue to prosper, even after they have passed the mantle of leadership on to their successors. Unfortunately, many owners do not realize…
Focus On Costs Of Identity Theft-Related Tax Refund Fraud
National Taxpayer Advocate Nina E. Olson recently released her statutorily mandated mid-year report to Congress that identifies the priority issues the Taxpayer Advocate Service (TAS) will address during the upcoming…
The Affordable Care Act and Employers
The Affordable Care Act (ACA) contains several tax provisions that affect employers. Under the ACA, an employer’s workforce size is significant because this information determines which provisions apply.An employer’s size…
Budget Less, Forecast In Real Time A Winning Strategy For Some
Budgeting seems to be going out of vogue in some company circles as financial markets, and the economy at large, is becoming increasingly volatile and more difficult to predict. In…
Relief For Small Business Retirement Plan Filing Penalties
The Internal Revenue Service began a one-year pilot program last June to help small businesses with retirement plans that owe penalties for not filing reporting documents. By filing current and…
Data Analytics: A Valuable Investigative Tool
“Time is money” is an age-old expression deeply rooted in the lexicon of most individuals and businesses, especially those that derive their income by providing a service to others. In…
It’s a Taxing Time of Year for Companies in Bankruptcy
Keeping on top of tax compliance is one aspect of the working relationship that debtors and bankruptcy professionals have with accountants or financial advisors. One pitfall I’ve seen is that…