IRS Reminder - Tax Return Due Dates Changed

Back in September 2016, we devoted our Tax Update to the recent changes to certain tax return due dates.  Now that we’re closer to filing season, we felt that it would be beneficial to remind you of what those new dates are. 

Health Reimbursement Arrangements (HRA

As a business owner, you may have heard about or even implemented a Health Reimbursement Arrangement (HRA). These arrangements allow employers to assist employees with paying health insurance premiums and other qualified medical expenses. 

Donor-Advised Funds Versus Private Foundations

While many financially successful people have philanthropic leanings, most tend to shy away from the more sophisticated tax-advantaged vehicles used to make charitable contributions.  One reason may be the erroneous belief that these strategies are reserved for the likes of Bill Gates and Warren Buffett. 

Bartering – A Cash Flow Aid?

Bartering.  It is more than likely that you have heard this term before.  I would also bet that you have bartered at least one time in your life.  Think back to elementary school when you switched sandwiches with another student just to add variety to your life.  

Are Donations to a GoFundMe Account Deductible?

As we enter the New Year, many people and families face economic hardships and challenging circumstances.  Being generous with our time, talents, and treasures should be something we all strive to do.  Sometimes it’s as simple as lending someone a helping hand.  Other times we may be willing to donate our financial assets to others.  When you do donate money, it not only helps certain individuals or organizations, but it may have a beneficial impact on your tax return.  One popul

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