January | 2017 | Business Management Company

Want to save for education? Make 2017 ESA contributions this year.

January 30, 2017 / by Brett Hess / Tax

There are many ways to save for a child’s or grandchild’s education. But one has annual contribution limits, and if you don’t make a 2017 contribution by December 31, the opportunity will be lost forever. We’re talking about Coverdell Education Savings Accounts (ESAs). How ESAs work With an ESA, you contribute money now that the […]

What do pottery and accounting have in common?

January 26, 2017 / by Brett Hess / Small Business

2017 Q1 tax calendar: Key deadlines for businesses and other employers

January 25, 2017 / by Brett Hess / Small Business, Tax

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2017. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements. January […]

Deduction for state and local sales tax benefits some, but not all, taxpayers

January 25, 2017 / by Brett Hess / Tax

The break allowing taxpayers to take an itemized deduction for state and local sales taxes in lieu of state and local income taxes was made “permanent” a little over a year ago. This break can be valuable to those residing in states with no or low income taxes or who purchase major items, such as […]