fbpx

Category: Tax

< Back to Thought Leadership

Trim Your Tax Bill: Three Last-Minute Tips

Good news — there is still time to reduce your 2019 tax liability. Here are three strategies that may help you cut your taxes before year-end: 1. Accelerate deductions/defer income. […]

Read More

Updated Rule for Mileage-Related Deductions

The IRS has issued new guidance updating the rules for using optional standard mileage rates when calculating “above-the-line” deductions for the costs of operating an automobile for certain purposes. IRS […]

Read More

R&D Credits for Small Manufacturers

Many manufacturers take advantage of the federal income tax credit for increasing research activities, more commonly referred to as the “R&D credit.” Enacted back in 1981, the R&D credit was […]

Read More

Using Your 401(k) Plan to Save

You can reduce taxes and save for retirement by contributing to a tax-advantaged retirement plan. If your employer offers a 401(k) or Roth 401(k) plan, contributing to it is a […]

Read More

Stack of papers next to a statue of a blindfolded woman holding a balance | Medicare Cost Report Appeal Types Infographic | Blue & Co., LLC | Medicare Cost Report Appeals | Medicare Cost Report

Medicare Cost Report Appeal Types & How to Navigate the Appeals Process

To appeal or not to appeal: that is the question. Medicare cost report appeals can be extremely profitable, but which issues are worth the time and effort to appeal? Without […]

Learn More
not-for-profit fundraising

Fundraising Expenses: Know the Rules, And Your Options

By Rick Shields, CPA, Principal at Blue & Co. One of the issues not-for-profits must address is how to raise funds while also properly reporting the associated costs for donor […]

Learn More
kentucky disaster relief

IRS Postpones Tax Deadline & Provides Disaster Relief for Kentucky

By Amy Sandlin, CPA, Tax Quality  The Internal Revenue Service (IRS) announced significant tax relief for individuals and businesses in Kentucky affected by severe storms, straight-line winds, flooding, and landslides […]

Learn More