Year End Accounting & Tax Issues

Size: px
Start display at page:

Download "Year End Accounting & Tax Issues"

Transcription

1 End of Year Accounting & Tax Issues November 7, 2014 Jeff Solis & Brandon Ernat UHY LLP 1

2 YEAR-END AUDIT & ACCOUTING ISSUES 2

3 Presentation Outline Introduction Audit Overview Auditor Selection Year-End Audit Prep Best Practices 3

4 What is an Audit? Highest level of assurance Auditor attests to the material accuracy of the financial statements Snapshot in time Deep dive into the PEO s accounting records and processes Prepared in accordance with Generally Accepted Accounting Principles (GAAP) 4

5 Why do we even want an audit? Required for Compliance by: Banks and other lenders Worker s compensation insurance National health insurance plans PEO licensing in many states (almost 30) ESAC accreditation M&A transaction 5

6 Why do we even want an audit? Added Benefits: Banks and other lenders Worker s compensation insurance National health insurance plans PEO licensing in many states (almost 30) ESAC accreditation M&A transaction 6

7 Auditor Selection How are they involved in the PEO industry? How long have they been in the PEO space? Do they have other PEO clients? What other services do they provide to PEOs? PEO client references that you can contact? 7

8 Auditor Selection Consider Firm Size Too small or too large? Audit Fees Added value Cost should not be the primary deciding factor You get what you pay for Low audit fees does not necessarily translate to a good deal 8

9 Other Attestation Services Internal Control Assessment: Identify areas of exposure or concern Vendor additions Cash cycle Internal payroll process CPA to maintain high level of professional skepticism Determine risk tolerance of owners and investors Agreed Upon Procedures: Testing management s assertion on specified elements including: Payroll tax accuracy Insurance compliance 401k Compliance ESAC/State quarterly payroll testing 9

10 Other Attestation Services SSAE 16 Engagements: Tests the PEO s controls most relevant to their clients (ex. privacy of data, timely and accurate payroll tax payments, and payroll processing) Report is issued by CPA with the auditor s opinion regarding operational effectiveness of the controls that management indicated are in place 10

11 Year-End Preparation Prior to Year-End Consider Q4 shareholder tax distributions Pull year end work ahead where applicable: Asset activity Internal controls Significant accounting events Internal/External Structure Reconcile accounts monthly Review prior year audit requests Audit planning meeting with CPA 11

12 Year-End Preparation Post Year-End Extend month-end close to capture all 2014 activity Contact service providers for unbilled fee accruals Prepare schedules for all significant accounts Inquire with legal team regarding outstanding litigation Obtain document request list from auditor Archive items needed for audit during the closing process Review prior year adjusting entries made by the auditor 12

13 Recent Tax Developments and Tax Strategies 13

14 2014 Federal Tax Update Section 179 Deduction is limited to $25,000 Hired Reservists Tax Credits Expired 12/31/2013 Work Opportunity Tax Credit expired 12/31/2013 Research and Development Tax Credit expired 12/31/2013 Sales tax deduction on Schedule A Expired 12/31/2013 Contributions from an IRA directly to charity expired 12/31/2013 Bonus Depreciation of 50% expired 12/31/2013 Residential Energy Tax Credits expired on 12/31/2013 Accelerated Depreciation for Leasehold Improvements expired 12/31/

15 Corporate Income Tax Taxable income over Not over Tax rate $ 0 $ 50,000 15% 50,000 75,000 25% 75, ,000 34% 100, ,000 39% 335,000 10,000,000 34% 10,000,000 15,000,000 35% 15,000,000 18,333,333 38% 18,333, % Corporate income tax rates have remained unchanged since

16 Personal Income Tax 2013 Married Filing Joint 2014 Married Filing Joint Taxable income under Tax Rate $ 17,850 10% 72,500 15% 146,400 25% 223,050 28% 398,350 33% 450,000 35% > 450, % Taxable income under Tax Rate $ 18,150 10% 73,800 15% 148,850 25% 226,850 28% 405,100 33% 457,600 35% > 457, % 16

17 Corporate Tax Considerations Cost to Acquire Tangible Property Taxpayers that have a written accounting policy in place at the beginning of the taxable year may elect to expense otherwise capitalizable expenditures that are below current thresholds. Thresholds Taxpayers with an Applicable Financial Statement (AFS) - $5,000 per invoice (or per items as substantiated by an invoice) Taxpayers without an Applicable Financial Statement (AFS) - $500 per invoice (or per items as substantiated by an invoice) 17

18 Corporate Tax Considerations Cost to Acquire Tangible Property An applicable financial statement (AFS) is: A financial statement required to be filed with the Securities and Exchange Commission A certified audited financial statement that is accompanied by the report of an independent certified public accountant that is used for Credit Purposes Reporting to shareholders, partners or similar partners Any other substantial non-tax purpose A financial statement (other than a tax return) required to be provided to a federal or state government or agency 18

19 Corporate Tax Considerations De Minimis Safe Harbor Example Facts: Taxpayer has accounting policy in place to expense amounts less than $5,000 Purchases 1,000 printers for a total of $250,000 ($250 each) Purchases 1,000 computers for a total cost of $600,000 ($600 each) Results: With AFS Expense both printers and computers Without AFS Expense printers Capitalize computers 19

20 Corporate Tax Considerations Corporate Election/Revocation? Increased personal income tax rates may lead to C-Corp structure being more favorable Excessive compensation; C-Corp issue Dividend tax rate at 20%. Still a good deal? BIG (built-in-gain) holding period is 10 years (Starting Jan. 1, 2014) 20

21 C Corporation Advantages: Limited liability of shareholders No shareholder-level tax on undistributed income. No ownership restrictions apply Multiple classes of stock permitted Disadvantages: Double taxation No capital gains rate differential Distributions of appreciated property usually triggers gain at the corporate level Shareholders do not benefit from corporate losses 21

22 C Corporation (cont.) Indicators that C Corp is Entity of Choice Real estate will not be owned by company The company operates a trade or business (not rental real estate or investment portfolio) The company is highly unlikely to create capital gains as part of its operations 22

23 S Corporation Advantages: Shareholder limited liability. An S corporation can easily convert to a C corporation Corporate losses flow through, which shareholders may be able to use to offset other income. Not subject to self employment taxes Disadvantages: Cannot have more than 100 members Cannot have as a shareholder a person who is not an individual other than an estate, trust or certain tax-exempt organizations. Cannot have a nonresident alien as a shareholder. Cannot have more than one class of stock. Do not allow for special allocations as do LLCs taxed as partnerships Built-in-gains tax Passive Investment Income Tax 23

24 S Corporation (cont.) Indicators that S Corp is Entity of Choice The company will incur several years of start up losses Shareholder s qualify to be a shareholder of an S corporation The company is in a service industry where major capital investments are not required Shareholders have ability to loan company funds in down years (to increase basis) Company is projected to be able to make cash distributions to cover passthrough taxable income to shareholders 24

25 Limited Liability Company Advantages: Provides limited liability for its members. No limitations on the number of members, as is the case for the S corporation. Allows for varying classes of membership. An LLC is permitted to specially allocate income and losses among its members. Losses of an LLC flow through to the members Tax-free distributions of appreciated property Disadvantages: Limitations imposed on contributions and distributions pursuant to Section 704(c) Transfer of 50% or more of the membership interests terminates the LLC Disposition of an LLC interest can result in taxation at ordinary income rates. Members of an LLC will owe tax on the LLC s income regardless of whether the LLC makes a distribution to the member Self-employment taxes may be due on pass-through income 25

26 Limited Liability Company (cont.) Indicators that LLC is Entity of Choice The company will incur several years of start up losses The company will hold real estate or marketable securities Member s want ability to share in profits differently than ownership percentages Members don t have ability to contribute cash but can contribute assets that can be used as collateral for bank loans that may provide tax basis for deducting losses 26

27 Entity Summary C Corporation S Corporation Limited Liability Company Levels of Tax At corporate and shareholder level. At shareholder level, except for former C- corps that distributes E&P, has a built-ingain, or excessive net passive income. At member level only. Tax Base Corporate Level: Taxable Income Shareholder level: Distributions Pro rate share of income, whether distributed or not. Allocable share of income, whether distributed or not. Self-Employment (SE) Taxes No. A shareholder will not be subject to SE taxes on compensation for services rendered. No. A shareholders distributive share of earnings will be subject to SE taxes only to the extent re-characterized as compensation for services rendered. Yes, if not treated as a limited partner. Additionally, all members must pay SE taxes on guaranteed payments. Deductibility of Losses N/A because losses deductible only at corporate level. Subject to basis limitations, at risk limitations, and passive activity limitations. Subject to basis limitations, at risk limitations, and passive activity limitations. 27

28 Entity Summary C Corporation S Corporation Limited Liability Company Number of Owners 1 or more shareholders shareholders (spouses counted as 1 shareholder). If number of shareholders exceeds 100, loss of S status. Type of Owners No Restrictions May not include corporations, nonresident aliens, partnerships, or certain trusts. 1 member allowed but disregarded for federal tax purposes. At least 2 members required to be taxed as a partnership. No Restrictions. Classes of Ownership interest Permitted One class only, may have differences in voting rights. Permitted Special allocations N/A Not permitted. Income/expense items are allocated pro rata according to stock ownership. Permitted. Certain allocations required if a member contributes property to the LLC or of the LLC has nonrecourse debt. 28

29 SMALL BUSINESS HEALTH CREDIT SMALL BUSINESS TAX CREDIT: In order for Small Employers to qualify: 1. Starting in 2014, must purchase coverage through the Small Business Health Options Program (SHOP), 2. Have fewer than 25 FTEs, 3. Pay average annual wages of less than $50,800 (2014) per FTE, 4. Pay at least half of single coverage health premiums. HOW MUCH: 2014 and later years: Up to 50% of Taxable Small Employer premium contributions Up to 35% of Tax-Exempt Small Employer premium contributions Can only be claimed for any two consecutive taxable years. 29

30 HI Medicare Tax Beginning Jan 1, 2013, an additional 0.9% tax applies to wages, other compensation and to self-employment income for the tax year in excess of: $250,000 for joint filers, $125,000 for married individuals filing separately, and $200,000 for all others 30

31 HI Medicare Tax Once an employee s wage reaches $200,000 for the year, the employer must begin withholding the additional 0.9% tax from their wages without regards to the employee s filing status or income from other sources The 0.9% tax applies only to employees, not to employers 31

32 Net Investment Income Tax (NIIT) (3.8%) NIIT is generally equal to 3.8% of net investment income Investment income includes, interest, dividends, other forms of passive income The IRS recently issued guidance regarding owneroccupied rental real-estate (self-rentals) which states that the income derived from such activities is not subject to the 3.8% tax Self-Charged Interest is also not subject to NIIT 32

33 Severance Pay & FICA Tax (Quality Stores, Inc. v. United States) Quality Stores, Inc. laid off thousands of workers and argued that their severance pay should not be subject to severance tax Supreme court ruled recently (3/25/2014) against Quality Stores and held that severance pay is subject to FICA taxes This reversed decisions in favor of Quality Stores made by 6 th Circuit court (KY, MI, OH, TN): that severance pay is not subject to FICA 33

34 State Tax Issues Nexus: to bind; a connection or link (Webster s Dictionary) - state s ability to tax out-of-state businesses having activity within it. PL : stop-gap measure passed in 1959 (so much for temporary legislation) to give guidance on multi-state taxation. Unitary Group: commonly owned or controlled group of companies allowed/required to file one tax return. Composite Return: flow-thru entity tax filing made on behalf of the partners/members/shareholders. 34

35 State Taxes - Nexus Physical Presence a. Property b. Payroll (PEO vs. ASO) Protected Activities (PL ) Multi-State Tax Commission Apportionment Single-factor [CA, CO, CT, GA, MI, NY, SC, TX, etc.] Three factors 35

36 State Taxes Composite Filings Most states permit composite filings; some differences for Partnership and S- corporation filers [AK, DC, FL, NC, NE, NV, SD, TX, UT, WA, TN, WY do not] Some states require a minimum number of nonresident shareholders in order to file composite [AZ & NY] Allows corporate deduction of taxes paid on behalf of owners Applies to non-resident owners (usually) that have no other activity for that state No personal filing requirement for owners 36

37 State Taxes Compliance Issues MD Personal Property Tax Returns- If your company is registered to do business in Maryland, you are required to file an annual personal property tax return regardless of physical presence. California Franchise Tax If your company is registered to do business in California, you are required to pay an $800 minimum tax regardless of the level of activity or physical presence you have in the state. Nonresident withholding may also apply. S-Elections Some states (including AR, NJ and NY) require separate state election forms to be filed in order to obtain S-Corporation status. State tax law is constantly changing and these requirements should be reviewed before finalizing an S-election. S-Revocations Must be filed within 2.5 months after start of tax year. 37

38 California Apportionment (Gillette case) Beginning January 1, 2013, California mandated that most taxpayer (with very few exceptions) must use single sales factor apportionment Gillette challenged contesting that taxpayers should have the option to use 3 factor apportionment versus single sales factor California Appellate Court ruled in favor of the taxpayer Case is now being heard in the California Supreme Court 38

39 Ohio Small Business Investor Deduction Allows individuals to deduct 75% of Ohio Small business income subject to certain limitations Ohio business income defined as: Income arising from transactions, activities and sources in the regular course of trade or business operations Ordinary trade or business income can include: Interest Dividends Capital Gains Rents and Royalties Wages paid to 20% or more shareholder 39

40 Ohio Small Business Investor Income Deduction (Cont.) Available for : Non-Residents who have OH business income, OH Residents and OH Part Year Residents For 2014: Maximum deduction $93,750 Claimed on individual return even if composite return filed at corporate level 40

41 Questions? Jeff Solis Manager UHY (586) Brandon Ernat Manager UHY (586) Jared Schroeder Sr. Accountant UHY Advisors MI, Inc. (586)

WithumSmith+Brown, PC Certified Public Accountants and Consultants BE IN A POSITION OF STRENGTH. withum.com

WithumSmith+Brown, PC Certified Public Accountants and Consultants BE IN A POSITION OF STRENGTH. withum.com 1 Objectives for Today s Webinar What are the different types of K-1s? K-1 line items where do they end up? My income is greater than the cash I received why would that be? 2 What is a Schedule K-1 Form?

More information

Choice of Entity. Shareholders of publicly traded corporations can come and go with ease

Choice of Entity. Shareholders of publicly traded corporations can come and go with ease One of the most important decisions facing a new business owner is the selection of the most appropriate legal entity for their new business. There are several options including C Corporations, S Corporations,

More information

business owner issues and depreciation deductions

business owner issues and depreciation deductions business owner issues and depreciation deductions Individuals who are owners of a business, whether as sole proprietors or through a partnership, limited liability company or S corporation, have specific

More information

Distribution Request for Payment of Qualified Health and Long-Term Care Insurance Premiums THE CITY OF SEATTLE VOLUNTARY DEFERRED COMPENSATION PLAN

Distribution Request for Payment of Qualified Health and Long-Term Care Insurance Premiums THE CITY OF SEATTLE VOLUNTARY DEFERRED COMPENSATION PLAN Instructions Distribution Request for Payment of Qualified Health and Long-Term Care Insurance Premiums THE CITY OF SEATTLE VOLUNTARY DEFERRED COMPENSATION PLAN Retired Public Safety Officers can use this

More information

8.0 DISTRIBUTIONS/ACCUMULATED ADJUSTMENTS ACCOUNT (AAA)

8.0 DISTRIBUTIONS/ACCUMULATED ADJUSTMENTS ACCOUNT (AAA) Page 1 of 23 Table of Contents 8.0 DISTRIBUTIONS/ACCUMULATED ADJUSTMENTS ACCOUNT (AAA) 8.1 The Accumulated Adjustments Account (AAA) 8.2 The Importance of the Accumulated Adjustments Account 8.3 Do I Have

More information

A person. who wants BACKGROUND. corporation. corporation. action, the. The C corporation. subject to. qualify to make. or certain

A person. who wants BACKGROUND. corporation. corporation. action, the. The C corporation. subject to. qualify to make. or certain CHOOSING THE FORM OF BUSINESS ORGANIZATION A person who wants to start a business can choose from a variety of different types of business entity formations. For instance, a person can form a business

More information

Choosing the Right Entity for Maximum Tax Benefits for Your Construction Company

Choosing the Right Entity for Maximum Tax Benefits for Your Construction Company Choosing the Right Entity for Maximum Tax Benefits for Your Construction Company Timely re-evaluation of choice of entity will enhance the shareholder value of your contractor client By Theran J. Welsh

More information

Business Types and Payroll Taxes

Business Types and Payroll Taxes Minority Business Development Division (MBDD) Prince George s County Office of Central Services Legal Issues and Taxes Facing Small and Minority Businesses October 26, 2010 Business Types and Payroll Taxes

More information

TAX CONSIDERATIONS BUSINESSES. Marty Verdick

TAX CONSIDERATIONS BUSINESSES. Marty Verdick TAX CONSIDERATIONS FOR SMALL BUSINESSES Marty Verdick RSM McGladrey, Inc. Overview of Topics General federal tax issues Federal tax incentives Entity selection tax issues State tax issues Sales & use tax

More information

Willamette Management Associates

Willamette Management Associates Valuation Analyst Considerations in the C Corporation Conversion to Pass-Through Entity Tax Status Robert F. Reilly, CPA For a variety of economic and taxation reasons, this year may be a particularly

More information

Choice of Entity: Corporation or Limited Liability Company?

Choice of Entity: Corporation or Limited Liability Company? March 2014 Choice of Entity: Corporation or Limited Liability Company? By Gianfranco A. Pietrafesa* Attorney at Law There are many different types of business entities, including corporations, general

More information

INTERNATIONAL TAX COMPLIANCE FOR GOVERNMENT CONTRACTORS

INTERNATIONAL TAX COMPLIANCE FOR GOVERNMENT CONTRACTORS INTERNATIONAL TAX COMPLIANCE FOR GOVERNMENT CONTRACTORS Mark T. Gossart Alison N. Dougherty September 26, 2012 2012 All Rights Reserved 805 King Farm Boulevard Suite 300 Rockville, Maryland 20850 301.231.6200

More information

SC REVENUE RULING #06-12. All previous advisory opinions and any oral directives in conflict herewith.

SC REVENUE RULING #06-12. All previous advisory opinions and any oral directives in conflict herewith. State of South Carolina Department of Revenue 301 Gervais Street, P. O. Box 125, Columbia, South Carolina 29214 Website Address: http://www.sctax.org SC REVENUE RULING #06-12 SUBJECT: Tax Rate Reduction

More information

Bunting, Tripp IngleyLLP

Bunting, Tripp IngleyLLP Dear Clients and Friends, As the end of 2011 approaches, now is a good time to start year-end tax planning to minimize your individual and business tax burden. Generally, year-end tax planning involves

More information

Tax Items For Businesses Ohio Tax Law Changes

Tax Items For Businesses Ohio Tax Law Changes FRUSH & ASSOCIATES, INC. OVERVIEW Recap of 2013 ACA Act NII Surtax Medicare Wage Surtax Tax Items For Businesses Ohio Tax Law Changes Circular 230 Disclosure Pursuant to the rules of professional conduct

More information

FORMALIZING YOUR FIRM: LLC VERSUS S CORPORATION VERSUS C CORPORATION

FORMALIZING YOUR FIRM: LLC VERSUS S CORPORATION VERSUS C CORPORATION FORMALIZING YOUR FIRM: LLC VERSUS S CORPORATION VERSUS C CORPORATION by Stephanie L. Chandler 1 and Lisa S. Miller 2, Jackson Walker L.L.P. As we work with entrepreneurs in setting up the structures for

More information

Considerations in the Health Care Company Tax Status Conversion from C Corporation to Pass-Through Entity

Considerations in the Health Care Company Tax Status Conversion from C Corporation to Pass-Through Entity Health Care Forensic Analysis Insights Considerations in the Health Care Company Tax Status Conversion from C Corporation to Pass-Through Entity Robert F. Reilly, CPA For a variety of economic and taxation

More information

The Business Organization: Choosing an Entity

The Business Organization: Choosing an Entity The Business Organization: Choosing an Entity The subject matter is divided into two sections: 1. Section A shows direct comparison of different types of organizational structures. 2. Section B details

More information

THE TATITLEK CORPORATION 401(K) PLAN FINAL DISTRIBUTION FORM (888) 477-3135

THE TATITLEK CORPORATION 401(K) PLAN FINAL DISTRIBUTION FORM (888) 477-3135 Return Form To: Northwest Plan Services, Inc. 5446 California Ave SW Suite 200 Seattle, WA 98136 Fax (206) 938-5987 THE TATITLEK CORPORATION 401(K) PLAN FINAL DISTRIBUTION FORM (888) 477-3135 Participant

More information

Commonly asked questions on the new tangible property regulations

Commonly asked questions on the new tangible property regulations Commonly asked questions on the new tangible property regulations A compilation of questions and answers from recent webcasts November 2013 Materials and supplies Question 1: How is a rotable defined?

More information

The 3.8% Medicare Surtax on Investment Income

The 3.8% Medicare Surtax on Investment Income Wealth Strategy Report The 3.8% Medicare Surtax on Investment Income OVERVIEW Beginning in 2013, certain investment income will be subject to an additional 3.8% surtax, enacted as part of the Health Care

More information

Post Election Focus: Stars, Stripes & Taxes

Post Election Focus: Stars, Stripes & Taxes Post Election Focus: Stars, Stripes & Taxes Presented By: Margo Cook, CPA December 6, 2012 Click HERE to listen to webinar. Post Election Focus: Stars, Stripes & Taxes Presented By: Margo Cook, CPA December

More information

Medicare Tax On Married Couples Filing Joint Returns

Medicare Tax On Married Couples Filing Joint Returns Medicare taxes for higher-income taxpayers Many changes from the 2010 Affordable Care Act are now in effect Begin planning now You ll especially want to discuss these tax provisions with your Financial

More information

PFS Planning Update Planning for the Net Investment Income Tax, also known as the Medicare Contribution Tax

PFS Planning Update Planning for the Net Investment Income Tax, also known as the Medicare Contribution Tax www.pwc.com/us/pfs PFS Planning Update Personal Financial Services Planning for the Net Investment Income Tax, also known as the Medicare Contribution Tax Local disclaimer and copyright statements go here

More information

A Comparison of Entity Taxation

A Comparison of Entity Taxation A Comparison of Entity Taxation Sean W. Brewer, CPA Daniel N. Messing, CPA Pugh & Company, P.C. 315 N. Cedar Bluff Road; Suite 200 Knoxville, TN 37923 Sole Proprietorships Single Owner Advantages Easy

More information

SPAWN IDEAS, INC. TAX-DEFERRED SAVINGS PLAN TERMINATED PARTICIPANT DISTRIBUTION ELECTION FORM

SPAWN IDEAS, INC. TAX-DEFERRED SAVINGS PLAN TERMINATED PARTICIPANT DISTRIBUTION ELECTION FORM I Participant Information Participant Name: Street Address: City: SPAWN IDEAS, INC. TAX-DEFERRED SAVINGS PLAN TERMINATED PARTICIPANT DISTRIBUTION ELECTION FORM Social Security Number: Date of Birth: Date

More information

Staying Healthy, Wealthy & Wise: The Aftermath of the Fiscal Cliff. Heather Kovalsky, CPA

Staying Healthy, Wealthy & Wise: The Aftermath of the Fiscal Cliff. Heather Kovalsky, CPA Staying Healthy, Wealthy & Wise: The Aftermath of the Fiscal Cliff Heather Kovalsky, CPA 2013 Tax Changes The Patient Protection and Affordable Care Act American Tax Relief Act of 2012 The Patient Protection

More information

Tax Law Snapshot for Small Businesses 2014 Filing Season

Tax Law Snapshot for Small Businesses 2014 Filing Season Tax Law Snapshot for Small Businesses 2014 Filing Season As the economy recovers, you want to position your business for growth. By combining unrivaled education, training and experience and adherence

More information

Choice of Entity: Corporation or Limited Liability Company?

Choice of Entity: Corporation or Limited Liability Company? September 2012 Choice of Entity: Corporation or Limited Liability Company? By Gianfranco A. Pietrafesa* Attorney at Law There are many different types of business entities, including corporations, general

More information

HEALTH CARE ACT TAX OVERVIEW INDIVIDUALS. Expanded Medicare taxes and other changes make planning critical

HEALTH CARE ACT TAX OVERVIEW INDIVIDUALS. Expanded Medicare taxes and other changes make planning critical HEALTH CARE ACT TAX OVERVIEW INDIVIDUALS Expanded Medicare taxes and other changes make planning critical 1 The agenda The health care act s tax impact on individuals Medicare tax increase on earned income

More information

Tax Considerations Of Foreign

Tax Considerations Of Foreign FIRPTA requires that a buyer withhold 10% of the gross sales price, subject to certain exceptions, and send it to the Internal Revenue Service if the seller is a foreign person. U.S. Taxes Foreign investors

More information

S Corporation vs. LLC in California Here is an overview of the differences between doing business as an S corporation or as an LLC.

S Corporation vs. LLC in California Here is an overview of the differences between doing business as an S corporation or as an LLC. S Corporation vs. LLC in California Here is an overview of the differences between doing business as an S corporation or as an LLC. After you have read this article, we can discuss in detail what would

More information

FRISSE & BREWSTER LAW OFFICES

FRISSE & BREWSTER LAW OFFICES FRISSE & BREWSTER LAW OFFICES ADVANTAGES AND DISADVANTAGES OF VARIOUS BUSINESS ENTITIES SOLE PROPRIETORSHIP A sole proprietorship is simple to establish and operate; little ongoing documentation is needed.

More information

BUSINESS ENTITY BASICS

BUSINESS ENTITY BASICS LEGAL SERVICES FOR ENTREPRENEURS 415-543-9444, Ext. 217 lse@lccr.com BUSINESS ENTITY BASICS Presented By Lisa Li, Wilmer Hale LLP DISCLAIMER The information contained in this presentation has been prepared

More information

CHOOSING THE RIGHT BUSINESS STRUCTURE

CHOOSING THE RIGHT BUSINESS STRUCTURE CHOOSING THE RIGHT BUSINESS STRUCTURE One type of business structure is not necessarily better than another, therefore, it is important to evaluate your needs now and into the future, and consider the

More information

Presentation for. CSEA IRS/Practitioner Fall Seminars. S Corporation. Darrell Early, IRS. Date September 27, 2012

Presentation for. CSEA IRS/Practitioner Fall Seminars. S Corporation. Darrell Early, IRS. Date September 27, 2012 Presentation for CSEA IRS/Practitioner Fall Seminars S Corporation Darrell Early, IRS Date September 27, 2012 Agenda What is an S Corporation? Why would a Corporation make the S election? How does a Corporation

More information

2014-2015 Tax Update: Another Year For Tax Breaks By Kurt J. Kilwein, CPA, CFP, Partner and Olga Zarney, CPA, MBT, Manager

2014-2015 Tax Update: Another Year For Tax Breaks By Kurt J. Kilwein, CPA, CFP, Partner and Olga Zarney, CPA, MBT, Manager WINTER 2014-2015 2014-2015 Tax Update: Another Year For Tax Breaks By Kurt J. Kilwein, CPA, CFP, Partner and Olga Zarney, CPA, MBT, Manager Individual Taxation Many of the tax breaks which expired at the

More information

THE AMERICAN LAW INSTITUTE Continuing Legal Education

THE AMERICAN LAW INSTITUTE Continuing Legal Education 41 THE AMERICAN LAW INSTITUTE Continuing Legal Education American Taxpayer Relief Act: What You Need To Know for Tax Planning and Compliance January 22, 2013 Video Presentation Service Issues Proposed

More information

NYSE: BX. Dear Unit Holder:

NYSE: BX. Dear Unit Holder: NYSE: BX For Questions Regarding Your Tax Package Contact Partner DataLink 307111 SAMPLE PARTNER A 345 PARK AVENUE NEW YORK, NY 10154 Partner DataLink The Blackstone Group L.P. P.O. Box 8447 Hermitage,

More information

Variable Universal Life Permanent Life Insurance. Flexible premiums and potential cash value

Variable Universal Life Permanent Life Insurance. Flexible premiums and potential cash value Variable Universal Life Permanent Life Insurance Flexible premiums and potential cash value Why consider a Variable Universal Life Policy? Permanent life insurance protection, plus potential cash value

More information

An Introduction to... Equity Settlement

An Introduction to... Equity Settlement An Introduction to... Equity Settlement The New York CEMA & Co-op Process June 2009 About Us... Established in 1986 Over 100 Associates Approved Vendor for Bank of America Preferred Vendor for Many National

More information

State Corporate Income Tax-Calculation

State Corporate Income Tax-Calculation State Corporate Income Tax-Calculation 1 Because it takes all elements (a*b*c) to calculate the personal or corporate income tax, no one element of the corporate income tax can be analyzed separately from

More information

2013 Federal Income Tax Update with The American Taxpayer Relief Act of 2012

2013 Federal Income Tax Update with The American Taxpayer Relief Act of 2012 THE UNIVERSITY OF TENNESSEE 2013 SINGLETON B. WOLFE MEMORIAL TAX CONFERENCE OCTOBER 31, 2013 2013 Federal Income Tax Update with The American Taxpayer Relief Act of 2012 JOHN D. HOUSTON, CPA Certified

More information

Table 12: Availability Of Workers Compensation Insurance Through Homeowner s Insurance By Jurisdiction

Table 12: Availability Of Workers Compensation Insurance Through Homeowner s Insurance By Jurisdiction AL No 2 Yes No See footnote 2. AK No Yes No N/A AZ Yes Yes Yes No specific coverage or rate information available. AR No Yes No N/A CA Yes No No Section 11590 of the CA State Insurance Code mandates the

More information

CHOICE OF ENTITY CONSIDERATIONS. A Basic Guide to Entrepreneurs. October 9, 2012

CHOICE OF ENTITY CONSIDERATIONS. A Basic Guide to Entrepreneurs. October 9, 2012 CHOICE OF ENTITY CONSIDERATIONS A Basic Guide to Entrepreneurs October 9, 2012 Bill Osterbrock, Of Counsel Baker Donelson wosterbrock@bakerdonelson.com 404-589-3418 Iliana Malinov, Tax Manager HLB Gross

More information

SHOULD MY BUSINESS BE AN S CORPORATION OR A LIMITED LIABILITY COMPANY?

SHOULD MY BUSINESS BE AN S CORPORATION OR A LIMITED LIABILITY COMPANY? SHOULD MY BUSINESS BE AN S CORPORATION OR A LIMITED LIABILITY COMPANY? 2015 Keith J. Kanouse One Boca Place, Suite 324 Atrium 2255 Glades Road Boca Raton, Florida 33431 Telephone: (561) 451-8090 Fax: (561)

More information

INSTRUCTIONS FOR PARTICIPANT DISTRIBUTIONS

INSTRUCTIONS FOR PARTICIPANT DISTRIBUTIONS INSTRUCTIONS FOR PARTICIPANT DISTRIBUTIONS Your distribution package includes a Distribution Request Form ("Form"), a Participant Distribution Notice, and a Special Tax Notice Regarding Plan Payments.

More information

Michigan Business Tax Frequently Asked Questions

Michigan Business Tax Frequently Asked Questions NOTICE: The MBT was amended by 145 PA 2007 on December 1, 2007. Act 145 imposes an annual surcharge to taxpayers' MBT liability, as well as makes other changes. Some of the FAQs below have revised answers

More information

USA Taxation. 3.1 Taxation of funds. Taxation of regulated investment companies: income tax

USA Taxation. 3.1 Taxation of funds. Taxation of regulated investment companies: income tax USA Taxation FUNDS AND FUND MANAGEMENT 2010 3.1 Taxation of funds Taxation of regulated investment companies: income tax Investment companies in the United States (US) are structured either as openend

More information

Individual Federal Income Tax. Adding Schedule C Business-Related Deductions from Biz Income

Individual Federal Income Tax. Adding Schedule C Business-Related Deductions from Biz Income Individual Federal Income Tax [tax $20,000] @ $3500 [family of Mom and 2 kids] $10,000 minus standard or itemized DEDUCTIONS [state/local tax, mortgage %, charity, etc.] $20,000 equals TAXABLE income --

More information

S CORP vs. C CORP vs. LLC: WHICH IS RIGHT FOR YOUR BUSINESS?

S CORP vs. C CORP vs. LLC: WHICH IS RIGHT FOR YOUR BUSINESS? S CORP vs. C CORP vs. LLC: WHICH IS RIGHT FOR YOUR BUSINESS? One of the significant decisions you face when starting a company is deciding through which type of legal entity you will operate the business.

More information

IRS-SJSU Small Business Tax Institute Assisting New and Growing Businesses June 18, 2014. Choice of Entity in California: Non-Tax Considerations

IRS-SJSU Small Business Tax Institute Assisting New and Growing Businesses June 18, 2014. Choice of Entity in California: Non-Tax Considerations IRS-SJSU Small Business Tax Institute Assisting New and Growing Businesses June 18, 2014 Forms of Business Joel Busch, CPA, Esq. SJSU MST Program Tamara Pow, Esq., Strategy Law LLP Choice of Entity in

More information

ehealth Price Index Trends and Costs in the Short-Term Health Insurance Market, 2013 and 2014

ehealth Price Index Trends and Costs in the Short-Term Health Insurance Market, 2013 and 2014 ehealth Price Index Trends and Costs in the Short-Term Health Insurance Market, 2013 and 2014 June 2015 1 INTRODUCTION In this report, ehealth provides an analysis of consumer shopping trends and premium

More information

Objectives. Discuss S corp fringe benefits.

Objectives. Discuss S corp fringe benefits. S Corporations Objectives Define an S corp. Identify the benefits of being an S corp. Determine how an entity elects to be an S corp. Establish how an S corp is taxed. Describe the S corp shareholder s

More information

The Legal Aid Society Community Development Project 230 East 106th Street New York, NY 10029 212.426.3000

The Legal Aid Society Community Development Project 230 East 106th Street New York, NY 10029 212.426.3000 The information in this document is provided for informational purposes only and does not constitute legal advice. Please consult a qualified attorney prior to acting upon the information contained in

More information

IRA Distribution Form

IRA Distribution Form Use this form to request distributions from your IRA account and to close an IRA. Instructions 1. Complete the form and include any necessary supporting documents. 2. Sign and send us the completed form.

More information

2 Business Income Tax

2 Business Income Tax 2 Business Income Tax 2 BUSINESS INCOME TAX PART A: GENERAL TAX PROVISIONS AND ADMINISTRATION OF CREDITS 1. FEDERAL TAX CONFORMITY South Carolina income tax laws conform substantially to the federal income

More information

Premature: under the age of 59½ Normal: over the age of 59½, includes Required Minimum Distributions (RMD) Disability

Premature: under the age of 59½ Normal: over the age of 59½, includes Required Minimum Distributions (RMD) Disability P 1.800.962.4238 W www.pensco.com Distribution Request 1. ACCOUNT OWNER INFORMATION Please type or print all information requested below. Required fields are denoted by an * (asterisk). *First Name: *MI:

More information

State Tax Credit Exchange

State Tax Credit Exchange State Tax Credit Exchange Overview of State & Federal Tax Credits George L. Strobel II September 3, 2015 Tax Credits The Concept Governmental incentives aimed at fostering specific business activities

More information

I N T E R N A T I O N A L E X E C U T I V E S E R V I C E S T A X

I N T E R N A T I O N A L E X E C U T I V E S E R V I C E S T A X I N T E R N A T I O N A L E X E C U T I V E S E R V I C E S Taxation Without Representation: U.S. State Tax Considerations and the Globally Mobile Assignee T A X KPMG LLP ANY TAX ADVICE IN THIS COMMUNICATION

More information

*Brackets adjusted for inflation in future years. 2015 Long Term Capital Gains & Dividends Taxable income up to $413,200/$457,600 0% - 15%*

*Brackets adjusted for inflation in future years. 2015 Long Term Capital Gains & Dividends Taxable income up to $413,200/$457,600 0% - 15%* Income Tax Planning Overview The American Taxpayer Relief Act of 2012 extended prior law for certain income tax rates; however, it also increased income tax rates on upper income earners. Specifically,

More information

The Advantages and Disadvantages of Forming a Florida Limited Liability Company (LLC) Versus a Florida Corporation. by Karen J.

The Advantages and Disadvantages of Forming a Florida Limited Liability Company (LLC) Versus a Florida Corporation. by Karen J. The Advantages and Disadvantages of Forming a Florida Limited Liability Company (LLC) Versus a Florida Corporation by Karen J. Orlin This Note outlines advantages and disadvantages of forming a new business

More information

Business Entity Selection

Business Entity Selection Business Entity Selection Chris Stevenson, Esq. Drummond Woodsum cstevenson@dwmlaw.com (t) 800-727-1941 General Issues A corporation can generate double taxation as profits are taxed at the corporate level

More information

Y o u C h o o se? Table of Contents

Y o u C h o o se? Table of Contents F o r m of Business Organization: Whi c h Should Y o u C h o o se? Your choice of the type of business organization to use when starting a business is a major decision. And it's a decision to be revisited

More information

How To Know What To Do In A Business

How To Know What To Do In A Business PEO/ASO/HRO Quarterly Update Insights & Observations for PEO/ASO/HRO Organizations In This Issue Significant Tax Breaks Expiring Soon...1, 2 New Rules For Goodwill Impairment Testing... 3 Texas: Changes

More information

Tax-Saving Opportunities for "Active" Business Owners

Tax-Saving Opportunities for Active Business Owners S CORPORATIONS Tax-Saving Opportunities for "Active" Business Owners S corporations now provide business owners with a unique opportunity to minimize earnings subject to both the recently imposed additional

More information

State of Wisconsin Department of Revenue Limited Liability Companies (LLCs)

State of Wisconsin Department of Revenue Limited Liability Companies (LLCs) State of Wisconsin Department of Revenue Limited Liability Companies (LLCs) Publication 119 (2/15) Table of Contents 2 Page I. INTRODUCTION... 4 II. DEFINITIONS APPLICABLE TO LLCS... 4 III. FORMATION OF

More information

ACTIONABLE STRATEGIES FOR REDUCING MEDICARE TAXES

ACTIONABLE STRATEGIES FOR REDUCING MEDICARE TAXES ACTIONABLE STRATEGIES FOR REDUCING MEDICARE TAXES Medicare taxes increased in 2013 for high-income earners. Timely action can help reduce the impact of higher taxes. KEY TAKEAWAYS High-income taxpayers

More information

2013 YEAR-END INDIVIDUAL TAX PLANNING LETTER

2013 YEAR-END INDIVIDUAL TAX PLANNING LETTER Bollenback & Forret, P.A. Michael D. Bollenback, CPA Richard G. Buschart, CPA, ABV, CVA Suzanne E. Patrick, CPA Janet K. Rosenquist, CPA Roderick B. Stuart, CPA J. Patrick Callan, CPA Peter B. Forret,

More information

2015 Savvy Year-End Tax Planning Thoughts & Ideas

2015 Savvy Year-End Tax Planning Thoughts & Ideas 2015 Savvy Year-End Tax Planning Thoughts & Ideas JONATHAN GASSMAN CFP, CPA/PFS November 11, 2015 2015 Tax Rates Ordinary Income Qualified Dividends & Long-Term Capital Gains 10% 15% 25% 28% 2015 Rates

More information

SCORE SAS 64 Sponsored by U. S. Small Business Administration ORANGE COUNTY CHAPTER 114, (714) 550-7369 www.score114.org

SCORE SAS 64 Sponsored by U. S. Small Business Administration ORANGE COUNTY CHAPTER 114, (714) 550-7369 www.score114.org SCORE SAS 64 Sponsored by U. S. Small Business Administration ORANGE COUNTY CHAPTER 114, (714) 550-7369 www.score114.org The subject matter is divided into two sections: THE BUSINESS ORGANIZATION CHOOSING

More information

Valuation of S-Corporations

Valuation of S-Corporations Valuation of S-Corporations Prepared by: Presented by: Hugh H. Woodside, ASA, CFA Empire Valuation Consultants, LLC 777 Canal View Blvd., Suite 200 Rochester, NY 14623 Phone: (585) 475-9260 Fax: (585)

More information

CHOICE OF BUSINESS ENTITY

CHOICE OF BUSINESS ENTITY CHOICE OF BUSINESS ENTITY Presented by James M. Jimenez, Esq. Pacific Business Law Group A Professional Corporation 1601 Cloverfield Boulevard Suite 200 South Tower Santa Monica, California 90401 July

More information

The Pa'ent Protec'on and Affordable Care Act. Bill Po5er, Senior Tax Director

The Pa'ent Protec'on and Affordable Care Act. Bill Po5er, Senior Tax Director The Pa'ent Protec'on and Affordable Care Act Bill Po5er, Senior Tax Director Determination of FTE in a Controlled Group Businesses organized in multiple forms may be considered as a single employer Controlled

More information

1/5/2016. S Corporations. Objectives. Define an S Corp

1/5/2016. S Corporations. Objectives. Define an S Corp S Corporations Objectives Define an S corp. Identify the benefits of being an S corp. Determine how an entity elects to be an S corp. Establish how an S corp is taxed. Describe the S corp shareholder s

More information

tax planning strategies

tax planning strategies tax planning strategies In addition to saving income taxes for the current and future years, tax planning can reduce eventual estate taxes, maximize the amount of funds you will have available for retirement,

More information

Business Organization\Tax Structure

Business Organization\Tax Structure Business Organization\Tax Structure One of the first decisions a new business owner faces is choosing a structure for the business. Businesses range in size and complexity, from someone who is self-employed

More information

YEAR-END INCOME TAX PLANNING FOR CORPORATE AND NON-CORPORATE BUSINESSES

YEAR-END INCOME TAX PLANNING FOR CORPORATE AND NON-CORPORATE BUSINESSES 2014 YEAR-END INCOME TAX PLANNING FOR CORPORATE AND NON-CORPORATE BUSINESSES UPDATED November 11, 2014 www.cordascocpa.com INTRODUCTION 2014 YEAR-END INCOME TAX PLANNING FOR BUSINESSES It s that time of

More information

Module 10 S Corporation/Corporation Workbook Introduction

Module 10 S Corporation/Corporation Workbook Introduction Module 10 Workbook Introduction Running your own business presents many challenges. One of the most difficult is complying with complex and ever-changing tax laws. This small-business tax education program

More information

MBT FAQ Index. Updated 9/19/2008 1

MBT FAQ Index. Updated 9/19/2008 1 *Words surrounded by quotation marks are defined in the MBT statute* A Accounting Methods Actual or Annual A8, A11, A31, C33, U28, M55 Cash or Accrual C32, C40, M16, M33, U17, U21 Accounts Receivable Factoring

More information

Application of the Self-Employment Tax and 3.8% Net Investment Income Tax to Fund Managers

Application of the Self-Employment Tax and 3.8% Net Investment Income Tax to Fund Managers March 6, 2013 Application of the Self-Employment Tax and 3.8% Net Investment Income Tax to Fund Managers By Robert A.N. Cudd and Michelle M. Jewett With the imposition of a new 3.8% net investment income

More information

2015 YEAR-END TAX PLANNING NEWSLETTER

2015 YEAR-END TAX PLANNING NEWSLETTER 2015 YEAR-END TAX PLANNING NEWSLETTER Dear Client: As the end of the year approaches, it is a good time to think of planning moves that will help lower your tax bill for this year and possibly the next.

More information

Technology Companies Practice Tax Practice Goodwin Procter LLP. 2010. Goodwin Procter LLP

Technology Companies Practice Tax Practice Goodwin Procter LLP. 2010. Goodwin Procter LLP Technology Companies Practice Tax Practice 2010. Entity Type Number of People Separate Entity? Limited Liability Formation/ Existence Formalities C-Corporation 1+ Yes Yes Filings/Fees On-going S-Corporation

More information

Choice of Entity. Paul E. Costantino, CPA, MST Costantino Richards Rizzo, LLP, Wakefield

Choice of Entity. Paul E. Costantino, CPA, MST Costantino Richards Rizzo, LLP, Wakefield Choice of Entity Paul E. Costantino, CPA, MST Costantino Richards Rizzo, LLP, Wakefield I. Overview of Entities The entity selection process is one of the first steps in the formation of any business,

More information

The S-Corporation Election; Advantages & Disadvantages

The S-Corporation Election; Advantages & Disadvantages The S-Corporation Election; Advantages & Disadvantages Presented by: National Society of Accountants 1010 N. Fairfax Street Alexandria, VA 22314 800-966-6679 www.nsacct.org 1 Learning Objectives At the

More information

S Corporation Questions & Answers

S Corporation Questions & Answers S Corporation Questions & Answers Provisions in Chapter 173, P.L. 1993 provide that a corporation may elect to be treated as a New Jersey S corporation. The following is designed to address the most commonly

More information

Home Based Business Tax Opportunities RICHEY, MAY & CO., LLP 9605 S. KINGSTON CT., STE. 200 ENGLEWOOD, CO 80112 WWW.RICHEYMAY.COM

Home Based Business Tax Opportunities RICHEY, MAY & CO., LLP 9605 S. KINGSTON CT., STE. 200 ENGLEWOOD, CO 80112 WWW.RICHEYMAY.COM Home Based Business Tax Opportunities RICHEY, MAY & CO., LLP 9605 S. KINGSTON CT., STE. 200 ENGLEWOOD, CO 80112 WWW.RICHEYMAY.COM 1 Disclaimer: Use of Information: The information in this summary is provided

More information

Module 10 S Corporation/Corporation Study Guide Introduction

Module 10 S Corporation/Corporation Study Guide Introduction Module 10 Study Guide Introduction Running your own business presents many challenges. One of the most difficult is complying with complex and ever-changing tax laws. This small-business tax education

More information

Vertex Wealth Management LLC

Vertex Wealth Management LLC Vertex Wealth Management LLC Michael Aluotto President Private Wealth Manager 1325 Franklin Ave., Ste. 335 Garden City, NY 11530 516-294-8200 mjaluotto@1stallied.com S Corporation Page 1 of 7, see disclaimer

More information

A partnership having one or more general partners and one or more limited partners.

A partnership having one or more general partners and one or more limited partners. 1. Definition A business association of two or more persons to conduct a business unless formed under any other statute. A partnership having one or more general partners and one or more limited partners.

More information

NOLO. Nolo s Guide to Limited Liability Companies: Forming an LLC

NOLO. Nolo s Guide to Limited Liability Companies: Forming an LLC NOLO Nolo s Guide to Limited Liability Companies: Forming an LLC Table of Contents LLC Basics...3 Limited Personal Liability for LLC Owners...3 Exceptions to LLC Owners Limited Liability...4 LLC Management...4

More information

MCCLANAHAN & EATON, LLC CERTIFIED PUBLIC ACCOUNTANTS

MCCLANAHAN & EATON, LLC CERTIFIED PUBLIC ACCOUNTANTS , LLC CERTIFIED PUBLIC ACCOUNTANTS It's that time of year where we should think about preparing an estimate of your current year tax liability and see if we can reduce that liability. There are several

More information

How To Rate Plan On A Credit Card With A Credit Union

How To Rate Plan On A Credit Card With A Credit Union Rate History Contact: 1 (800) 331-1538 Form * ** Date Date Name 1 NH94 I D 9/14/1998 N/A N/A N/A 35.00% 20.00% 1/25/2006 3/27/2006 8/20/2006 2 LTC94P I F 9/14/1998 N/A N/A N/A 35.00% 20.00% 1/25/2006 3/27/2006

More information

Basic Tax Issues in Choosing a Business Entity 2015

Basic Tax Issues in Choosing a Business Entity 2015 Basic Tax Issues in Choosing a Business Entity 2015 By Robert M. Finkel and Diana C. Española mbbp.com Corporate IP Licensing & Strategic Alliances Employment & Immigration Taxation Litigation 781-622-5930

More information

S Corporations General Overview

S Corporations General Overview S Corporations General Overview Richard Furlong Jr. Senior Stakeholder Liaison Define an S Corp An "S corporation" is a an entity that qualifies as a small business corporation that has an S election in

More information

Employer Q&A (Includes Self-Employed Individuals) Questions and Answers About the Schwab SEP-IRA

Employer Q&A (Includes Self-Employed Individuals) Questions and Answers About the Schwab SEP-IRA Employer Q&A (Includes Self-Employed Individuals) Questions and Answers About the Schwab SEP-IRA Here are answers to some questions you may have about a SEP-IRA. Whether you re self-employed or own a small

More information

Captive Insurance Companies Risk Financing For Self-Insurance and. Underinsured Risks

Captive Insurance Companies Risk Financing For Self-Insurance and. Underinsured Risks Captive Insurance Companies Risk Financing For Self-Insurance and Underinsured Risks Mark Koogler, Partner April 8, 2015 History of Captives Captive Industry Update Retaining Risk vs. Financing Risk A

More information

By: Craig A. Taylor, Attorney

By: Craig A. Taylor, Attorney WHEN A LIMITED LIABILITY COMPANY IS THE BEST CHOICE By: Craig A. Taylor, Attorney Carruthers & Roth, P.A. 235 N. Edgeworth Street Greensboro, NC 27401 Telephone: (336) 379-8651 Fax: (336) 273-7885 cat@crlaw.com

More information

M E M O R A N D U M LIMITED LIABILITY: KNOW THE LIMITS

M E M O R A N D U M LIMITED LIABILITY: KNOW THE LIMITS M E M O R A N D U M TO: The Members or Managers FROM: Terri L. Giampetroni Legal Strategies, P.C. You have chosen to do business through the use of a Michigan limited liability company. Your company provides

More information

RAR S TIMING IS EVERYTHING

RAR S TIMING IS EVERYTHING RAR S TIMING IS EVERYTHING Moderator Fred Nicely (Council on State Taxation) Presenters Marilyn A. Wethekam, Horwood Marcus & Berk, Chicago, IL Steven P. Spaletto, Deloitte, Indianapolis, IN April 23,

More information