October 22, 2013
Wayne Naegele
Articles, Blog Posts
0 CommentsAre You at Risk for Fraud? Identify your Risk and Protect your Organization from Internal Fraud Do you know your organizations risk for fraud? Just when everything seems to be going well, internal fraud can derail even the best run company. Understanding the value of internal controls and the critical importance of reviewing those […]
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October 17, 2013Andrew PrestiArticles, Blog Posts0 CommentsBonus depreciation will expire for most taxpayers at the end of 2013 unless Congress extends the provision. A 50-percent bonus depreciation deduction (the “special first-year depreciation allowance”) is allowed for the first year that qualifying property is placed in service. Bonus depreciation is available for property acquired after December 31, 2007 and acquired and placed […]
Read moreOctober 10, 2013Andrew PrestiArticles, Blog Posts0 CommentsThe IRS has issued much-anticipated final “repair” regulations that provide guidance on the treatment of costs to acquire, produce or improve tangible property. These regulations take effect January 1, 2014. They affect virtually any business with tangible assets. The IRS has estimated that about 4 million businesses must comply. At a length of over 200 […]
Read moreOctober 03, 2013Wayne NaegeleResource0 CommentsAs an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting deadlines. This tax compliance calendar summarizes important tax reporting and filing data for individuals, businesses and other taxpayers for the month of October 2013. October 2 Employers. Semi-weekly depositors must deposit employment taxes for payroll dates September […]
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