Every year, a substantial percentage of weddings aren’t first-time nuptials but second (or subsequent) marriages. Here are four tips to help such partners better manage the situation: Take inventory. Identify the assets and liabilities each person brings to the union. If one spouse has significant debt, how will the couple manage it? Or if one spouse […]
With conference calls and Web meetings increasingly prevalent, business travel isn’t what it used to be. But if your company is still sending employees out on the road, it remains important to understand the tax ramifications. Fringe benefits Generally, for federal tax purposes, a company may deduct all ordinary and necessary expenses paid or incurred […]
Keeping up with the complexity of the Internal Revenue Code is challenging for an individual and even more so for a business owner. But, if you’re someone who handles both roles — an owner-employee — the difficulty level is particularly high. Nonetheless, it’s important to stay up to speed on your specific obligations. As you’re […]
We are proud to announce that we were recognized on the annual “Best in Quality” list by St. Louis Small Business Monthly for 2017! Thank you to all who nominated us and to our employees for always going above and beyond for our clients. We are beyond grateful for the support and recognition!
EDUCATE EMPLOYEES ON REQUIRED MINIMUM DISTRIBUTION RULES The deadline for taking 2017 required minimum distributions (RMDs) is rapidly approaching: December 31, 2017. If you own a business and offer a 401(k) plan, it’s a good time to think about how you can make sure your older employees are aware of the RMD obligations, including how […]
HANDLE WITH CARE: MUTUAL FUNDS AND TAXES Many people overlook taxes when planning their mutual fund investments. But you’ve got to handle these valuable assets with care. Here are some tips to consider. Avoid year-end investments Typically, mutual funds distribute accumulated dividends and capital gains toward the end of the year. But don’t fall for […]
HOUSE TAX BILL RELEASED On November 2, 2017, the House of Representatives released a draft tax reform bill titled the “Tax Cuts and Jobs Act.” The bill would reduce individual and business tax rates, would modify or eliminate a variety of itemized deductions as well as repeal the estate and alternative minimum taxes, and would […]
We recently teamed together for our annual Scheffel Boyle Shares project. Each year, we plan philanthropic activities throughout our offices to give back to our local communities. This year, our employees organized the “Write-Off Hunger” food drive which culminated in the collection of more than 5,500 food items to be donated to local food pantries! […]
We are proud to announce that we were named a “Best Consulting Firm” by St. Louis Small Business Monthly for 2017! Thank you to all who nominated us and to our employees for always going above and beyond for our clients.
St. Louis Small Business Monthly has recognized our very own Scott Weber, CPA, CCIFP as a “Top Accountant” in the St. Louis region for their annual feature. Each year the publication features top accountants from the St. Louis area as chosen by readers of the magazine. Scott was one of only 27 people recognized this year by the […]
Serving St. Louis, the Metro-East and Southwestern Illinois since 1924.
