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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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Ways to Jumpstart Your 2020 Self-employed Tax Strategy

Ways to Jumpstart Your 2020 Self-employed Tax Strategy

Many self-employed taxpayers may be looking for strategies that could help jumpstart future tax years. Here are a few strategies that self-employed taxpayers can take advantage of to help minimize […]

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Be “Sale Ready” and Maximize Value

Be “Sale Ready” and Maximize Value

Business owners devote their lives to the successful growth of their companies and what is likely the most significant asset to support their retirement. Yet, in the final stages of […]

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Retirement Security: What's the right plan for your business?

Retirement Security: What’s the right plan for your business?

If you’re a small business owner or you’re involved in a start-up, you may want to set up a tax-favored retirement plan for yourself and any employees. Several types of […]

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Transition Planning Part I (ESOPs_employees)

Transition Planning Part I (ESOPs/employees)

Eventually, the ownership of every privately-held business will be transitioned in one way or another.  There are many options available to transfer ownership, but they basically fall into one of […]

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Are you looking for a way to have your business fund your retirement_

Are you looking for a way for to have your business fund your retirement?

If you are interested in larger contributions than a 401(k) plan will permit, a cash balance pension plan may be right for you. Someone 60 years or older can possibly […]

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Credits and Incentives An extra return on your investments.

Credits and Incentives: An extra return on your investments.

The topic is always in the news — a state or city offering a major corporation a generous package of incentives to relocate or even to keep their operations in […]

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A Conversation on Revenue Recognition (ASC 606)

A Conversation on Revenue Recognition (ASC 606)

Update published on June 5, 2020: FASB issued Accounting Standards Update (ASU) 2020-05, Revenue from Contracts with Customers (ASC 606) and Leases (ASC 842) Effective Dates for Certain Entities, as part of […]

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Small business owners still have time to set up a deductible contribution to a SEP retirement plan for 2018

Small Business Owners Still Have Time to Set Up a Deductible Contribution to an SEP Retirement Plan for 2018

Business owners who don’t yet have a tax-advantaged retirement plan still have time to establish one and reduce their 2018 tax bill. For example, a Simplified Employee Pension (SEP) can […]

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A Hidden Gem for Startup_Emerging Companies_ Utilizing the R&D Credit Against Payroll Taxes

A Hidden Gem for Startup/Emerging Companies: Utilizing the R&D Credit Against Payroll Taxes

Companies of all sizes can benefit from the Research and Experimentation tax credit (R&D Credit) which has been around since 1981. This credit aims to reward businesses for increasing the […]

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What’s the Difference? Actual Home office expenses vs. the simplified method

What’s the Difference? Actual Home Office Expenses vs. the Simplified Method

Small business owners who work from home could save money on their taxes by taking the home office deduction, as long as they meet the requirements set forth by the […]

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LLC members & self-employment taxes

LLC Members & Self-Employment Taxes

When it comes to self-employment taxes, an LLC member is not necessarily in the same boat as a limited partner. The IRS is cracking down on LLC members who underreport […]

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Good News for the Craft Beverage Industry

Good News for the Craft Beverage Industry

A recently proposed bill could make the Craft Beverage Modernization and Tax Reform Act of 2017 permanent. Senators Roy Blunt (R-Mo.) and Ron Wyden (D-Ore.) had good news for the craft […]

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Understanding C Corporations Post TCJA

Understanding C Corporations Post TCJA

With the recent changes under the Tax Cut and Jobs Act (TCJA), tax rates for C corporations have come down to a flat 21%, making it very appealing for many […]

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What’s Your Business Exit Plan_ Make It Part Of Your Tax Planning.

What’s Your Business Exit Plan? Make It Part Of Your Tax Planning

It 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 […]

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Upcoming Changes to Accounting for Lease Arrangements

Upcoming Changes to Accounting for Lease Arrangements

Update published on June 5, 2020: FASB issued Accounting Standards Update (ASU) 2020-05, Revenue from Contracts with Customers (ASC 606) and Leases (ASC 842) Effective Dates for Certain Entities, as part of […]

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Webinars

man writing legislation house bill 5

House Bill 5: Kentucky Enacts Retroactive Pass-through Entity Tax

By Amy Sandlin, CPA, Tax Senior Manager at Blue & Co. On March 31st, Governor Andy Beshear signed House Bill 5, which includes a retroactive pass-through entity (PTE) tax effective […]

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someone writing kentucky house bill 360 with a pen

Kentucky House Bill 360 – Pass-Through Entity Tax Proposal

By Amy Sandlin, CPA, Tax Senior Manager at Blue & Co. A pass-through entity tax proposal is currently making its way through the Kentucky General Assembly as part of a […]

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calculator on a pile of tax information - don't forget the tax implications

Indiana Enacts Retroactive Pass-through Entity Tax – Senate Enrolled Act 2

By Laura Rakaska, CPA, Tax Manager and Amy Sandlin, CPA, Tax Senior Manager at Blue & Co. On February 22nd, Governor Eric Holcomb signed Indiana Senate Enrolled Act 2, making […]

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man filling out a tax return form with a pen kentucky income tax

Kentucky Reduces Individual Income Tax Rate for 2024 – House Bill 1 Signed into Law

By Amy Sandlin, CPA, Tax Senior Manager at Blue & Co. Kentucky House Bill 1 was signed into law by Governor Beshear on Friday, February 17th. It reduces the individual […]

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man doing calculating his taxes in front of a laptop

Indiana Senate Bill 2: Taxation of Pass-Through Entities

By Amy Sandlin, CPA, Tax Senior Manager and Laura Rakaska, CPA, Tax Manager Indiana is expected to enact pass-through entity (PTE) level tax legislation in mid-February 2023. The tax changes […]

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someone handing car keys to another person personal use of auto

The Importance of Personal vs. Business Use of Auto

By Pam Swartout, Manager and Jacoby Shade, Staff Accountant at Blue & Co. Many business owners provide a company vehicle to their employees as part of their employment. This is […]

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