By Kenneth H. Bridges, CPA, PFS November 2016
Late November through year end is the time for year-end tax planning. This year, with potential major tax legislation coming in 2017, it is more important than ever. While every client’s situation …
By Kenneth H. Bridges, CPA, PFS November 2016
With the Republicans in control of The White House and Congress, the stage could be set in 2017 for the most significant tax legislation we have seen since The Tax Reform Act …
By Kenneth H. Bridges, CPA, PFS June 2016
We are often asked by our U.S.-based clients who are considering conducting business outside the U.S. to advise them with respect to the tax consequences of such. Likewise, we are often asked …
By Kenneth H. Bridges, CPA, PFS February 2016
Federal income tax rules have long been mostly favorable for real estate developers and investors. Having a basic understanding of the general rules applicable to real estate developers and investors is critical …
By Kenneth H. Bridges, CPA, PFS February 2016
“How long do I need to keep our old tax returns and related documents?” This is a question I get often; and it is a simple question for which there is no …
By Kenneth H. Bridges, CPA, PFS November 2015
Thinking about selling your company? How you structure the transaction could have a significant impact on the after-tax amount you realize.
Asset sale or stock sale – As a general rule, buyers …
By Kenneth H. Bridges, CPA, PFS November 2015
Most growth-oriented companies will eventually go through due diligence, either in connection with a capital raise or a sale transaction. Proper preparation can improve the likelihood of a favorable outcome; and preparation …
By Kenneth H. Bridges, CPA, PFS July 2015
IRC section 409A was enacted in 2004 to curb perceived abuses in the area of executive nonqualified deferred compensation (NQDC). The supposed primary target of this legislation was the situation in which …
By Kenneth H. Bridges, CPA, PFS July 2015
Because of the inherent potential for abuse, tax rules require a higher level of substantiation for travel, meal and entertainment expenses. For these expenses to be tax deductible, you must document what …
By Kenneth H. Bridges, CPA, PFS July 2015
Many of our clients see on their tax returns a “domestic production activities deduction” and wonder what this is. This deduction, enacted in 2004, was designed to replace the exclusion for “extraterritorial …