Education as a small-business fringe benefit

As reported in previous issues of the CPA Client Bulletin this year, the Tax Cuts and Jobs Act of 2017 dramatically reduced taxpayers’ ability to itemize deductions. Among the tax deduction opportunities that have vanished, from 2018–2025, are miscellaneous itemized...

Now the G.I. Bill is forever

When you think of the G.I. Bill, you probably recall reading about a program designed to help military veterans receive college educations after they left the armed forces following World War II. Somewhat less known is that the G.I. Bill has endured, in various forms,...

How the new tax law affects 529 plans

For many years, 529 college savings plans have offered a tax-favored way to save for higher education. These plans, officially qualified tuition programs, are named for the IRC section that provides their advantages. In brief, 529 plans are funded with after-tax...

Are we a fit?

I find that I’m most useful advising and collaborating with small to medium-sized companies that have one to four owners. With businesses of this size, I have a direct connection to the decision makers who understand that I treat their business as if it were my own. I...

My big why

I built my career in the accounting field because it appealed to me.  I actually do like to put numbers in little boxes? and solve problems, as geeky as it sounds.  The orderliness of accounting sits well with me, too.  In accounting, there is always an answer and I...