The New Interest Expense Limitation & Manufacturers
When the Tax Cuts and Jobs Act (“TCJA”) was passed in late 2017, there was a lot for manufacturers to be excited about. The return of bonus depreciation, a lowering […]
Read MoreWhen the Tax Cuts and Jobs Act (“TCJA”) was passed in late 2017, there was a lot for manufacturers to be excited about. The return of bonus depreciation, a lowering […]
Read MoreDoes your business engage in the rental of heavy equipment? If so, there is a new excise tax enacted in Indiana which may affect your business. Effective January 1, 2019, […]
Read MoreIt’s time to file your taxes and you’ve likely begun receiving letters from charities acknowledging your 2018 year-end donations. To take a charitable donation deduction, you must itemize and you […]
Read MoreMany business tax limitations are annually indexed for inflation, and a number of these have gone up for 2019. There are also new limitations related to section 199A, which were […]
Read MoreAs the result of the Tax Cuts and Jobs Act (TCJA), many changes to the tax law went into effect in 2018 and either apply through 2025 or are now […]
Read MoreIt may seem odd to develop a business exit plan this soon, but you must look out for your own financial future. You have to consider your company’s income and […]
Read MoreIf you didn’t adjust your withholdings or estimated tax payments in 2018 and now owe tax, you could qualify for penalty relief. On January 16, 2019, the Internal Revenue Service […]
Read MoreWith the passing of the New Year, many tax planning strategies businesses use to reduce their tax liability for the year expire. However, you may be able to accrue and […]
Read MoreAs 2018 comes to a close, reviewing the changes to the new tax laws can prove to be vital as business owners and individuals plan for their 2018 tax liability. […]
Read MorePrior to the Tax Cuts and Jobs Act (TCJA), Net Operating Losses (NOLs) generated allowed taxpayers to carry back the loss two years and/or carry it forward up to 20 […]
Read MoreBedford, Ind. (December 16, 2024) – Blue & Co., LLC, a top-60 accounting and advisory firm with offices in Indiana, Kentucky, Ohio, and Michigan is expanding into Bedford, IN. Effective December […]
By Debbie Herbert, CPA, Director at Blue & Co. If your defined contribution plan has a vesting schedule for employer contributions, you may be familiar with the term ‘forfeitures.’ In […]
By Karen Dringenburg, CPA, Senior Accountant and Andrew Brock, CPA, Senior Manager at Blue & Co. Are you a not-for-profit entity considering implementing ACH transactions? Or are you wondering if […]