Tax & Accounting Updates


FAQs: How do I time a year-end stock sale?


Stock held by an investor is a capital asset under the tax law. Gain from the sale of stock held for more than a year qualifies as... Read More


Latest Tax Alerts

Check out the latest tax alert section of our website, full of links and articles for professional and personal tax news. Read More


December 2013 Tax Compliance Calendar

Here is a list of this month's important dates and deadlines. Read More


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IRS eases strict “use-or-lose” rule for health flexible spending arrangements

 

Health flexible spending arrangements (health FSAs) are popular savings vehicles for medical expenses, but their use has been held back by a strict use-or-lose rule. The IRS recently announced a significant change to encourage more employers to offer health FSAs and... Read More




How do I? Time year-end bonuses for tax purposes

 

Taxpayers generally prefer to accelerate deductions to reduce their current year income and taxes. In some situations, the tax code’s accounting rules allow an accrual-basis employer to deduct a year-end employee bonus in the current year, even...
Sound familiar? Read More



    





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