new lease accounting standard

What does the new lease accounting standard mean for your business?

Barbara Carmody, CPA Lease Accounting, Business Management Leave a Comment

When the new lease accounting standard, Accounting Standards Codification (ASC) 842, is implemented, all leases will have to be reported on the balance sheet. A ‘right of use’ asset and …

taxpayer first act

Everything you need to know about the Taxpayer First Act

Glass Jacobson Wealth Advisors Tax Planning For Individuals, Tax Reform Leave a Comment

As of July 1, 2019, the Internal Revenue Service has been put on notice. The Taxpayer First Act has been passed by Congress with bipartisan support, and signed into law …

medicare tax

IRMAA: The Hidden Medicare Tax

Alan I. Fox, CPA, CVA Personal Finance, Tax Planning For Individuals Leave a Comment

What is IRMAA? IRMAA stands for Income-Related Monthly Adjustment Amount. Many of us pay premiums for Medicare Parts B and D just like any health insurance. But high income enrollees …

3(38) and 3(21) investment advisors

3(38) and 3(21) Fiduciary Investment Advisor Services

Byron T. Deese Business Management, 401k, Retirement Plans Leave a Comment

If you’re a retirement plan sponsor and/or administrator, did you know that you can outsource several key responsibilities for managing your company’s benefits package for your employees? For example, you …

long-term care insurance

Long-term Care Insurance: Why You Should Consider It As You Age

Byron T. Deese Personal Finance, Tax Planning For Individuals Leave a Comment

As baby boomers plan for retirement, there is a growing need for long-term care. At the same time, costs for nursing home care, assisted living and in-home care are growing …

New Tax Law Changes

When Should You Sell Your Business?

Glass Jacobson Wealth Advisors Business Management Leave a Comment

Knowing when to sell your business is not an exact science. Like deciding when to sell a stock, you need to combine some intuition with analytic talent. Both skills can …