Real Estate

Preserve Section 1031 exchanges The IRS has recently announced that it will be scrutinizing “Section 1031 exchanges” of real estate to ensure that such exchanges comply with all the tax law requirements in this area. [...]

Year-end tax moves for individulas for 2010

Dear Friends of Our Firm, It's difficult to formulate a year-end plan in the current political environment. Nevertheless, following are seven sensible tax strategies for individual taxpayers in 2010. Caution: Tax rates are scheduled to [...]

Tax Break in small business law

Dear Friends of Our Firm, The Small Business Jobs and Act of 2010, signed by President Obama on Sept. 27, 2010, includes a bevy of tax breaks for small business owners. Here are the highlights [...]

Advice to Clients in Uncertain Markets

In the “flash crash” on May 6, 2010, the Dow Jones Industrial Average dropped nearly 1,000 points only to recover more than 600 points by the market close. On the heels of the financial crisis [...]

Dealing With Clients in Financial Distress

Managing receivables is difficult in the best of times, and these challenges have been made even more difficult by the current economic environment. But there are several steps your CPA firm can take. Get a [...]