Have you noticed how the commercials on late-night television have changed?  Two years ago, every commercial about gold was how they wanted to buy your gold.  Today, it is about how they want to sell you gold.  It makes no sense.  Read more...

A major shift on the horizon for lease-accounting rules could change some of your future lease decisions, such as whether to buy or rent.  Under current standard accounting practices, renting offers companies a significant financial reporting advantage because they are not required to list lease obligations as liabilities on their balance sheets.  Read more...

As we head into the summer months, we hope you can take time to enjoy the long days with family and friends.  The following is being provided to remind/update you on some of the recent tax law changes.  Read more...

The following information was derived from the April 2011 "Kiplinger Tax Letter."

The IRS continues to feast on S-Corporations that pay very low salaries to owners.  In many cases, S-Corporation owners take low salaries so they can receive the bulk of the corporation's profits as dividends, which are not subject to payroll taxes.  Read more...