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Thought Leadership

When it comes to thought leadership and staying informed, we’ve got you covered. See below for recent articles, webinars, and downloadable resources available.

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Year-end tax planning checklist for individuals

Year-End Tax Planning Checklist for Individuals

As 2018 comes to a close, here are a few quick tax items to address before the end of the year: Check your FSA balance. If you have a Flexible […]

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How to Calculate Parking Expenses Additions to Unrelated Business Income

How to Calculate Parking Expenses Additions to Unrelated Business Income

One of the biggest questions arising from the passing of the Tax Cuts and Jobs Act (TCJA) involves the add-back of disallowed fringe benefit deductions to an exempt organization’s unrelated […]

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Individual Federal Income Tax Planning

By Miranda L. Aavatsmark Originally published in The Kentucky CPA Journal. It’s beginning to look a lot like….tax time! Looking back at all of the tax law changes, interpretations and […]

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What do the 2019 Cost-of-Living Adjustments Mean for You?

What do the 2019 Cost-of-Living Adjustments Mean for You?

The IRS has announced its 2019 cost-of-living adjustments to tax items that might affect you. Many of the amounts increased to account for inflation, but some remained at 2018 levels. […]

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Holiday Gifts and Parties: When are They Deductible or Taxable?

Holiday Gifts and Parties: When are They Deductible or Taxable?

The holiday season is a great time for businesses to show their appreciation for employees and customers by giving them gifts or hosting holiday parties. Before you begin shopping or […]

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Should You Prepay Your Property Taxes?

Should You Prepay Your Property Taxes?

Prepaying property taxes related to the current year that are due the following year has long been one of the most popular and effective year-end tax-planning strategies. But, does it […]

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Charitable gifts may or may not save you taxes this year

Charitable Gifts May or May Not Save You Taxes This Year

In past years, it has been the norm to make charitable donations to not-for-profit organizations at the end of the year as a tax savings strategy and in the spirit […]

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Guidance issued on business interest expense

Guidance Issued on Business Interest Expense

A major issue for large businesses is the business interest expense limitation, which was included in the Tax Cuts and Jobs Act (TCJA). The IRS has issued proposed regulations that […]

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Bunching Charitable Contributions

Tax Strategy: Bunching Charitable Contributions

The Tax Cuts and Jobs Act (TCJA) passed late last year, bringing about some of the most comprehensive changes in tax law in decades. The most discussed and impactful changes […]

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Key Highlights from the TCJA for Healthcare Tax-Exempt Organizations

Key Highlights from the TCJA for Healthcare Tax-Exempt Organizations

The passing of the Tax Cuts and Jobs Act (TCJA) in December 2017 brought about some of the largest changes for exempt organizations since the reformatting of the Form 990 […]

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There is still time: Consider setting up a retirement plan for 2018

There is still time: Consider setting up a retirement plan for 2018

When the majority of your liquid assets are tied up in your business, saving for retirement can be difficult. However, setting up a tax-advantaged retirement plan can help plan for […]

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Year-End Planning: Mutual funds

Year-End Tax Planning: Mutual funds

Now is the time to review your mutual fund holdings! Before the end of the year, it’s a common strategy to review the mutual fund holdings in your taxable accounts […]

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Estate & Trust 199A/TCJA Update

Estate & Trust 199A/TCJA Update

A lot of time has been spent examining the implications of tax reform as it relates individuals and businesses. Yet, estates and trusts were also significantly impacted by the Tax […]

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Buying Qualifying Business Assets Before Year-End Could Reduce Your Tax Liability

Buying Qualifying Business Assets Before Year-End Could Reduce Your Tax Liability

There is still time to reduce your 2018 tax liability by purchasing qualifying business assets, but you need to act soon! The Tax Cuts and Jobs Act (TCJA) has enhanced […]

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Make 2019 NQDC Plan Deferral Elections Now

Make 2019 NQDC Plan Deferral Elections Now

Employers may offer executives or other key employees a nonqualified deferred compensation (NQDC) plan. NQDC plans pay employees in the future for services currently performed. The plans allow deferral of […]

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Webinars

QuickBooks Online: Important Changes to Year‑End 1099 and W2 Tax Forms for 2024

As we approach year end, please see the information below that outlines the new fee structure for 1099 and W-2 forms printed and mailed by Intuit’s QuickBooks. If you have […]

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Beneficial ownership information report

Beneficial Ownership Information Report –New 2024 Requirement

By Amy Sandlin, CPA, Tax Quality Control at Blue & Co. Tens of millions of businesses are estimated to be now required to file a Beneficial Ownership Information Report (“BOIR”) […]

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Ohio commercial activity tax

Major Changes to the Ohio Commercial Activity Tax May Reduce Your Business Taxes This Year

By Cayleb Reyes, Senior Accountant and Amy Sandlin, CPA, Tax Senior Manager at Blue & Co. Significant changes to the Ohio Commercial Activity Tax (“CAT”) will impact businesses this year, […]

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Tax Relief for American Families and Workers Act of 2024: A Comprehensive Overview of Bipartisan Legislation

By Derek Gray, CPA, Director and Amy Sandlin, CPA, Senior Tax Manager at Blue & Co. A bipartisan bill drafted by House Ways and Means Chair Jason Smith (R-MO) and […]

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government shutdown

Potential Federal Government Shutdown: Impact on Businesses and IRS Operations

By Elizabeth Zimnawoda, CPA, Senior Accountant at Blue & Co. The possibility of federal government shutdowns looms early this year, stemming from persistent funding challenges. Unmet funding resolution deadlines could […]

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529 plan

Unlocking Educational Wealth: The SECURE Act 2.0’s Transformation of 529 Plans

By Jackie Emert, CPA, MST, Tax Manager and Amy Sandlin, CPA, Tax Senior Manager at Blue & Co. Have you heard about the SECURE Act 2.0? It builds on the […]

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