Tax reform expands availability of cash accounting

Under the Tax Cuts and Jobs Act (TCJA), many more businesses are now eligible to use the cash method of accounting for federal tax purposes. The cash method offers greater tax-planning flexibility, allowing some businesses to defer taxable income. Newly eligible businesses should determine whether the cash method would be advantageous and, if so, consider […]

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The 2018 gift tax return deadline is almost here

Did you make large gifts to your children, grandchildren or other heirs last year? If so, it’s important to determine whether you’re required to file a 2018 gift tax return — or whether filing one would be beneficial even if it isn’t required. Filing requirementsGenerally, you must file a gift tax return for 2018 if, […]

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Happy Fat Tuesday!!

Today our firm celebrated Fat Tuesday with a traditional Mardi Gras meal prepared by one of our partners, Bil Ruf, with help from Roy Hoagland’s wife, Catherine.  On the menu was jambalaya, gumbo, salad, bread pudding, and king cake!  Bil has been preparing this meal for our team for several years, and it’s obvious he puts […]

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