Stock Options and Alternative Minimum Tax (AMT)

Were you granted stock options? Stock options offer you the opportunity to purchase a certain number of shares at a pre-established price, which could be substantially below market value. There are two types of stock options, incentive stock options and Nonqualified Stock Options. Non
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New Lessee Accounting Requirements

Does your company currently operate as a lessee under one or more leases? If so, your company’s financial statements may be affected by the impending changes made official by the Financial Accounting Standards Board (FASB) this past February. Prior to implementation of the new s
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Tax deduction

Relocating for Work? Don’t Forget the Moving Expense Tax Deduction

Did you know that if you move to take a new job, you can deduct most of the expenses on your tax return? This applies whether or not your employer is offering any relocation benefits. What Moves Count? There are three tests you must meet to be eligible to deduct moving expenses. Relat
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5 Simple Ways to Keep Your Small Business Finances in Order

Accounting is a headache for many small business owners. It can consume your day and take away time that could be spent doing what you love, even though accounting itself is a necessity. Keeping good books helps ensure you pay your bills when they are due, know at a glance how much mo
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