by Doug Kook | Nov 8, 2017 | Estates & Trusts, Financial Planning, Non-Profit, Small Business, Tax
Tax planning season is upon us. Have you reviewed your income and expenses this year to see if there are ways to minimize taxes? Even though uncertainty still exists regarding possible changes to the tax code, there are some considerations that could be beneficial no...
by Doug Kook | Sep 25, 2017 | Financial Planning, Non-Profit, Small Business
Is your bottom line not quite what you’d like it to be? Consider a plan to cut expenses. Begin by running a 5-year analysis on your expenses to determine which accounts have increased the most. Then dive into the details and see which vendors have increased prices at...
by Doug Kook | Sep 13, 2017 | Financial Planning, Small Business, Tax
Considering converting your C Corporation into an S Corporation? There are many tax advantages to converting from a C Corporation into an S Corporation under the current tax laws, but the conversion does not always make sense for every business. One of the primary...
by Doug Kook | Aug 28, 2017 | Financial Planning, Small Business, Tax
Open enrollment and insurance premium increase season is just around the corner. Interested in a more flexible, fixed cost alternative to your traditional group health insurance plan? A Qualified Small Employer Heath Reimbursement Arrangement (QSEHRA) might be the...
by Doug Kook | Aug 17, 2017 | Small Business, Tax
The IRS is changing the way they audit partnerships and assess underpayment of tax beginning in 2018. Underpayment of tax and the assessment of penalty and interest will be assessed at the partnership level versus the individual partner level and the tax will be...
