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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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What to do with my Required Minimum Distribution

What to Do with My Required Minimum Distribution

Are you 70 ½ or older and charitably minded with investments in an IRA? With fewer taxpayers itemizing because of the doubling of the standard deduction, using your required minimum […]

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Year-end tax planning for businesses struggling with the TCJA

Year-End Tax Planning for Businesses Struggling with the TCJA

During the first tax-filing season under the Tax Cuts and Jobs Act (TCJA), many businesses wrestled with how the law’s sweeping changes would impact their bottom lines. Before the beginning […]

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Family members with disabilities may be ABLE to save

Family Members with Disabilities may be ABLE to Save

Achieving a Better Life Experience (ABLE) account is a tax-free account that can be used for expenses related to disability without losing eligibility for government benefits. ABLE accounts can be […]

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Tax Planning Tips to Adjust Your Taxable Income

Tax Planning Tips to Adjust Your Taxable Income

As the year comes to a close, it is important to review options that are available to lower your tax burden. One easy way to adjust your taxable income for […]

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Using Your 401(k) Plan to Save

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 […]

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Small Business 1099-MISC Reporting Requirements

Small Business 1099-MISC Reporting Requirements

A month after the new year begins, your business may be required to comply with rules to report amounts paid to independent contractors, vendors, and others. This involves sending 1099-MISC […]

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TCJA and 2019 Tax Law Issues

TCJA and 2019 Tax Law Issues

By Miranda Aavatsmark Make no mistake, Congress did not come together and pass any new tax laws or make other changes to the existing tax laws in 2019. Although there […]

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There's Still Time to Trim Your 2019 Tax Bill

There’s Still Time to Trim Your 2019 Tax Bill

Fall is in the air and that means it’s time to turn your attention to year-end tax planning. While several clear strategies and tactics emerged during the first tax filing […]

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Avoid the Wash Sale Rule

Avoid the Wash Sale Rule

If you’re planning to sell assets at a loss to offset gains that have been realized during the year, it’s important to be aware of the “wash sale” rule. How […]

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Accelerate Depreciation Deductions with a Cost Segregation Study

Accelerate Depreciation Deductions with a Cost Segregation Study

Is your business depreciating over a 30-year period the entire cost of constructing the building that houses your operation? If so, you should consider a cost segregation study. It may […]

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Property Tax Exemptions for Nonprofits

Property Tax Exemptions for Nonprofits

Did you know that just because a nonprofit organization is exempt from income tax, does not automatically qualify it to be exempt from property taxes? A general rule is that […]

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The U.S. DOL Finalizes the New Overtime Rule

The U.S. DOL Finalizes the New Overtime Rule

The U.S. Department of Labor (DOL) has released the finalized rule on overtime exemptions for white-collar workers under the Fair Labor Standards Act. The rule updates the standard salary levels […]

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Beware of These Tax-Related Scams

Beware of These Tax-Related Scams

“Thousands of people have lost millions of dollars and their personal information to tax scams,” according to the IRS. Criminals can contact victims through regular mail, telephone calls, and email […]

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Understanding and Controlling the Unemployment Tax Costs of Your Business

Understanding and Controlling the Unemployment Tax Costs of Your Business

Unemployment taxes can cost your business a bundle. That is especially true if a lot of former employees file unemployment claims against your business. Fortunately, you may be able to […]

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Gift Tax Exclusion Rules to Take Advantage of

Gift Tax Exclusion Rules to Take Advantage of

As we head toward the gift-giving season, you may be considering giving gifts of cash or securities to your loved ones. Taxpayers can transfer substantial amounts free of gift taxes […]

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Webinars

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 […]

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passive real estate

Passive Real Estate: What You Need to Know

By: Lance Williams, CPA, Senior Manager, and Kimber Sutton, CPA, Senior Accountant at Blue & Co. Its March 1 and you are gathering your tax documents to drop off to […]

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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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