News

Exchange-traded funds (ETFs) have become popular in this century, due largely to relatively low expenses and tax efficiency. (See the July 2016 CPA Client Bulletin for more on ETFs.) As the name indicates, ETFs... Continue Reading

A new year begins with celebrations, resolutions, and dual IRA opportunities. Most workers and their spouses have until April 18, 2017 (April 19 in some states), to contribute to an IRA for 2016. At the same... Continue Reading

Anecdotally, retirement finances formerly were based on a “three-legged stool.” After people stopped working and no longer had earned income, their cash flow would come from Social Security, personal... Continue Reading

Many U.S. investors hold foreign stocks. One of many advantages to holding foreign stocks is diversification because some foreign companies might outperform domestic stocks in bear markets. Some foreign... Continue Reading

HLB International, one of the leading global accountancy networks with a presence in 130 countries, continues its growth with the recent signing of new members in Italy and Reunion. Italy Studio Taxlex joins... Continue Reading

  Treasury Decision 9787 – Final Regulations Under §707 Regarding Disguised Sales and §752 Regarding the Allocation of Excess Partnership Nonrecourse Liabilities to a Partner On October 4, 2016, the... Continue Reading

New DOL overtime rules issued May 18, 2016, are currently scheduled to go into effect December 1, 2016. The final rule focuses primarily on updating the salary and compensation levels needed for Executive,... Continue Reading

Many people save money for retirement in a traditional IRA. The funds might have come from annual IRA contributions, or from rolling over an employer sponsored retirement account such as a 401(k). Either way,... Continue Reading

The PATH Act’s many provisions also include a permanent increase in the amounts allowed under IRC Section 179, which permits rapid deduction (expensing) of funds spent for business equipment. For 2015,... Continue Reading