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Partners May Have To Report More Income On Tax Returns Than They Receive In Cash

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Are you a partner in a business? You may have come across a situation that’s puzzling. In a given year, you may be taxed on more partnership income than was […]

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Proposed Regs For Inherited IRAs Bring Unwelcome Surprises

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Back in late 2019, the first significant legislation addressing retirement savings since 2006 became law. The Setting Every Community Up for Retirement Enhancement (SECURE) Act has resulted in many changes […]

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The Specifics Of Tax Increment Financing

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Tax increment financing (TIF) started in the 1950s as an urban renewal strategy and is now one of the country’s most commonly used economic development tools. Municipalities use TIF districts […]

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The Effects of Implementing the New Lease Standard

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Does your business happen to lease warehouse space, equipment, or vehicles? Do you have service contracts, supply agreements, or contract manufacturing arrangements? If so, you and your company may be […]

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Time is Running Out for COVID-19 EIDL Fund Loan Increases

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The U.S. Small Business Administration (SBA) recently announced COVID-19 Economic Injury Disaster Loan (COVID EIDL) funding is expected to be exhausted in April 2022. While the SBA is no longer […]

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