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The IRS has changed the rules governing deferred compensation. Internal Revenue Code (IRC) Section 409A sets more stringent guidelines for private companies when issuing stock options and other forms of... Continue Reading

Knowing your company’s Sustainable Competitive Advantage (SCA) is critical, as it is used as a filter for all the issues that an organization faces. It is also used as a method to allocate resources such as... Continue Reading

These strategies will help to design a recession-proof business model. In our current economy, it’s important that commercial investment real estate professionals devise a new business plan to survive, both... Continue Reading

Now that 2010 is upon us, a significant opportunity is available for individuals. Taxpayers can now to convert a traditional IRA to a Roth IRA, regardless of income level or filing status. This is an... Continue Reading

Do You Need an Individual Taxpayer Identification Number (ITIN) The ITIN is a nine-digit number issued by the IRS to individuals who are required to have a U.S. taxpayer identification number for tax... Continue Reading

Getting the Most Bang for Your Audit Bucks Audits are great financial tools for financial institutions, bonding agencies, CFOs, and board of directors, but many organizations often fail to see their own audit... Continue Reading

Many tax changes enacted and some still pending Enacted Tax Legislation  The year 2009 was certainly another active year for tax law changes. One that will impact nearly all Americans who use a tax... Continue Reading

“Bonus” First Year Depreciation and Section 179 Expensing   The 2009 Recovery Act provides several incentives for business investment in capital and equipment. These provisions extend prior law... Continue Reading

As tax season comes to a close, many taxpayers put the IRS out of their mind until the next tax season rolls around. However, some taxpayers aren’t so lucky as they are recipients of dreaded IRS letter... Continue Reading