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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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Do you need to adjust your withholding for 2018?

Do You Need To Adjust Your Withholding For 2018?

If you received a large refund after filing your 2017 income tax return, you’re probably enjoying the influx of cash. But a large refund isn’t necessarily all positive. It also […]

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Get started on 2018 tax planning today

Get Started On 2018 Tax Planning Today!

Now is the time to start tax planning for 2018 for maximum tax savings. It’s especially critical to get an early start this year because the Tax Cuts and Jobs […]

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Individual Tax Document Retention Guidelines

Individual Tax Record Retention Guidelines

What 2017 tax records can you toss once you’ve filed your 2017 return? That’s easy – none. You need to hold on to all of your 2017 tax records for […]

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You can still defer tax with a "like-kind" exchange but new limits apply

You Can Still Defer Tax With A “Like-Kind” Exchange But New Limits Do Apply

Normally when appreciated business assets such as real estate are sold, tax is owed on the appreciation. But there’s a way to defer this tax: a Section 1031 “like-kind” exchange. […]

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Important deadlines for the rest of 2018

Important Deadlines For The Rest Of 2018

While April 15 (April 17 this year) is the main tax deadline on most individual taxpayers’ minds, there are others throughout the rest of the year that you should be […]

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These tax credits for small businesses could reduce your 2017 & 2018 tax bills

These Tax Credits Just For Small Businesses Could Reduce Your 2017 & 2018 Tax Bills

Maximizing available credits is especially important now that the Tax Cuts and Jobs Act has reduced or eliminated some tax breaks for businesses. There are two still-available tax credits for […]

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What to know before hiring temporary help

What To Know Before Hiring Temporary Help

Before hiring temporary help, it is important to determine if the individual hired will be an employee or an independent contractor. Proper classification between the two is critical for many […]

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The State and Local Sales Tax Deduction Still Remains to an Extent

The State And Local Sales Tax Deduction Remains To An Extent But Is Subject To A New Limitation

Individual taxpayers who itemize their deductions can generally deduct either state and local income taxes or state and local sales taxes. The ability to deduct state and local taxes — […]

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IRS Clarifies New Limit On Business Interest Expense Deductions

IRS Clarifies New Limit On Business Interest Expense Deductions

The Tax Cuts and Jobs Act (TCJA) imposes a limit on deductions for business interest for taxable years beginning in 2018. The limit, like other aspects of the law, has […]

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Tax Extender Provisions in the Bipartisan Budget Act of 2018

Tax Extender Provisions In The Bipartisan Budget Act Of 2018

On Friday, February 9, Congress passed, and the President signed into law, H.R. 1892, the “Bipartisan Budget Act of 2018” (the Budget Act, P.L. 115-123). The major reason for the […]

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Take Advantage of TCJA Updates That Benefit Manufacturers

Take Advantage Of TCJA Updates That Benefit Manufacturers

The Tax Cuts and Jobs Act (TCJA), which was signed into law in December 2017, contained numerous changes to cost recovery methods for capitalized assets. These changes provide manufacturers with […]

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TCJA temporarily lowers medical expense deduction threshold

TCJA Temporarily Lowers Medical Expense Deduction Threshold

With rising healthcare costs, claiming tax deductions for these expenses can be more important than ever. However, there is a threshold for deducting medical expenses that may be hard to […]

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Important upcoming tax deadlines for businesses

Important Upcoming Deadlines For Businesses

Here are some of the key tax deadlines affecting businesses and other employers during the second quarter of 2018.  Keep in mind that this list isn’t all-inclusive, so there may […]

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TCJA expands use of cash basis accounting method and more

TCJA Expands Use Of Cash Basis Accounting Method And More

The recently enacted Tax Cuts and Jobs Act (TCJA) includes a number of changes to the rules governing the choice of accounting methods by taxpayers. In certain situations, the TCJA […]

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Can you deduct home office expenses?

Can You Deduct Home Office Expenses?

Working from home has become commonplace, but just because you have a home office space doesn’t mean you can deduct expenses associated with it. For 2018, even fewer taxpayers will […]

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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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