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Despite reduced resources due to recent budget cuts, the IRS is continuing its efforts to deter illegal tax evasion schemes. Instead of announcing its annual list of the “Dirty Dozen” tax scams for 2015 in one fell swoop, the agency…

The traditional estate planning approach, aimed at reducing estate tax values, is less relevant for the vast majority of individuals today than it was in the past. The American Taxpayer Relief Act of 2012 (ATRA) provides relatively generous estate tax…

It’s a fair question to ask…why should employers provide paid sick leave? As noted by President Obama in his recent State of the Union Address, not every employer does. According to the Bureau of Labor Statistics, 73 percent of U.S….

Last year was the hottest year for mergers and acquisitions (M&As) since the financial crisis began, according to recent estimates from Thomson Reuters. And 2015 is expected to be even hotter. Are you contemplating buying or selling a business in…

Tax season is finally here. The deadline for calendar-year corporations to file a return (or an extension) is Monday, March 16. The deadline for individuals to file their income tax returns (or an extension) is Wednesday, April 15. As businesses…

December 15, 2014 – Whitney Coombs, CPA recently joined Daszkal Bolton as Tax Manager where she will oversee tax engagements serving middle market corporations as well as private equity groups and other investment organizations. Coombs brings with her seven years…

Part I: Why Strategy Execution is the Solution Even the highest performing companies miss opportunities to increase profit. As the economy improves and business picks up, you need to make sure you capture as much of the upswing as possible….

If you think occupational fraud and abuse can’t happen at your company, think again. Fraud is a global epidemic. In a recent study, the Association of Certified Fraud Examiners (ACFE) estimates that the typical business loses 5 percent of its…

As if the process of getting married (or divorced) isn’t difficult enough, couples also need to take income tax considerations into account before tying (or untying) the knot. That’s particularly true for those who plan a change in marital status…

There have been several twists and turns this year relating to the “once-a-year rule” for IRA rollovers. In the latest move, the IRS has provided additional guidance in the wake of a controversial U.S. Tax Court decision applying the rule…