roibusinessservices.com RSS Feed http://roibusinessservices.com/ Take a look at our recent blog posts and client newsletter articles. en-us Tue, 19 Feb 2019 09:00:00 -0600 Tue, 19 Feb 2019 09:00:00 -0600 Some of your deductions may be smaller (or nonexistent) when you file your 2018 tax return http://www.roibusinessservices.com/blog.php?id=332 Lower tax rates might help reduce your 2018 tax bill, but new limits on many deductions could offset the benefits of lower rates. Tue, 19 Feb 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=332 Best practices when filing a business interruption claim http://www.roibusinessservices.com/blog.php?id=333 Buying business interruption insurance can be a wise move for many companies. But should disaster strike and you need to file a claim, expect a complex and challenging process. Tue, 19 Feb 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=333 Financial statements tell your business\'s story, inside and out http://www.roibusinessservices.com/blog.php?id=331 Is your company generating financial statements with all the information necessary to tell how youâ??re doing? Hereâ??s what they should contain. Wed, 13 Feb 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=331 3 big TCJA changes affecting 2018 individual tax returns and beyond http://www.roibusinessservices.com/blog.php?id=330 There are three major changes that will impact many individual taxpayers, beginning when they file their 2018 income tax returns. Wed, 13 Feb 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=330 Refine your strategic plan with SWOT http://www.roibusinessservices.com/blog.php?id=324 A well-thought-out strategic plan can mean the difference between a good year and a great one. Conducting a SWOT analysis can help ensure yours is robust and resilient. Mon, 04 Feb 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=324 Planning for Special Needs Children http://www.roibusinessservices.com/blog.php?id=327 It's been said that the best inheritance we can give our children is a few minutes of our time every day. It's also true, though, that our children won't always have us in their lives. Children with special needs may require lifetime assistance, which can necessitate that parents prepare for their child's care after they're gone, or are unable to care for the children any longer. Mon, 04 Feb 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=327 Here's what taxpayers should consider when determining if they need to file http://www.roibusinessservices.com/blog.php?id=326 As people prepare to file their taxes, there are things to consider. They will want to determine if they need to file and the best way to do so. Mon, 04 Feb 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=326 Depreciation-related breaks on business real estate: What you need to know when you file your 2018 return http://www.roibusinessservices.com/blog.php?id=325 Enhanced depreciation-related tax breaks for certain business real estate investments, such as qualified improvement property, may offer substantial savings when you file your 2018 tax return. Learn more. Mon, 04 Feb 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=325 Breaking Into Your 401(k) is an Expensive Way to Raise Cash http://www.roibusinessservices.com/blog.php?id=328 Do you need money fast or are you switching jobs? Your 401(k) plan might look tempting. But don't waste your hard-earned savings. Here are the reasons to leave your 401(k) alone or roll it over to another plan. Mon, 04 Feb 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=328 Beware of Deductions Claimed for Certain Business Expenses http://www.roibusinessservices.com/blog.php?id=329 Corporations that make payments to shareholders beware: The IRS may challenge deductions claimed for certain business expenses and other related-party transactions. An inquiry could lead to reclassification of certain payments as constructive dividends, which could have unfavorable tax consequences for the company and its shareholders. Here's a recent Tax Court case that highlights this contentious issue. Mon, 04 Feb 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=329 Tax Filing Season Begins http://www.roibusinessservices.com/newsletter.php#1 January 28, 2019, marked the start of this year's tax filing season, and it's the first time taxpayers will be filing under the new tax reform laws. Complicating matters is the newly revised Form 1040. Fri, 01 Feb 2019 09:00:00 -0600 http://www.roibusinessservices.com/newsletter.php#1 Seven Common Small Business Tax Myths http://www.roibusinessservices.com/newsletter.php#2 The complexity of the tax code generates a lot of folklore and misinformation that could lead to costly mistakes for your small business. Fri, 01 Feb 2019 09:00:00 -0600 http://www.roibusinessservices.com/newsletter.php#2 Avoiding the Penalty on Early Distributions http://www.roibusinessservices.com/newsletter.php#3 Need to withdraw funds from your retirement plan before you retire? You could be hit with a 10 percent penalty unless you qualify for an exception. Fri, 01 Feb 2019 09:00:00 -0600 http://www.roibusinessservices.com/newsletter.php#3 Twelve Ways to Lessen Employee Legal Risks http://www.roibusinessservices.com/blog.php?id=323 It's important to take time regularly to review your employment practices in order to lessen tensions and conflicts from employees. Improving your employment practices can also reduce the risks of employee-initiated legal actions. Keep reading for a list of one dozen key areas that may need attention. Tue, 29 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=323 To Catch a Thief http://www.roibusinessservices.com/blog.php?id=321 The possibility of identity theft should be on the minds of people everywhere, because it is certainly on the minds of thieves. While you sleep, they are devising new ways to steal your money. But there are steps you can take to protect your assets. Keep reading to find out how the Department of Justice recommends you use SCAM to avoid being a scam victim. Tue, 29 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=321 Saving for Your Child\'s Education With a Section 529 Plan http://www.roibusinessservices.com/blog.php?id=322 College costs continue to rise. That's why if paying for a college education is in your future, it's never too early to learn about Section 529 plans. Tue, 29 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=322 Looking for a Business Loan? Be Prepared http://www.roibusinessservices.com/blog.php?id=319 As the old saying goes, the easiest time to get a loan is when you don't need one. When you do find yourself in the market for a business loan, you'll most likely fare better if you know what lenders want to see and be ready with documentation. Tue, 29 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=319 Is it Okay to Borrow from Your 401(k)? http://www.roibusinessservices.com/blog.php?id=320 People seem to be relying less on credit these days, but the cost of carrying a balance is still high. Some people question whether it would be more cost effective to borrow from their 401(k) accounts to pay off high cost debt. Anyone considering that option should carefully weigh the advantages and disadvantages of a 401(k) loan before taking action. Tue, 29 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=320 You May Want to Separate Real Estate Assets from Your Business http://www.roibusinessservices.com/blog.php?id=314 Many companies choose not to combine real estate and other assets into a single entity. Although there are justifiable legal reasons for doing so, this article delves into the potentially beneficial tax reasons for holding real estate in a separate entity. A sidebar looks at the advantages of separate entities for family businesses. Wed, 23 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=314 Ideas to Strengthen Your Business in 2019 and Beyond http://www.roibusinessservices.com/blog.php?id=318 Start the New Year with some strategic planning. Before diving headfirst into 2019, business owners should take time to learn from last year's achievement and mistakes, as well as set goals and monitor trends for the future. Here are ten items to add to your to-do list. Wed, 23 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=318 How to Fight the SAD Season http://www.roibusinessservices.com/blog.php?id=315 Some people experience Seasonal Affective Disorder (SAD), or the winter blues, when the days get shorter. The gradual deprivation of sunlight as seasons change causes SADness for as many as one in five people in North America. The resulting condition can lower productivity and lead to other challenges for employers. For more information about this disorder, keep reading. Wed, 23 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=315 Align Your Will With Other Documents http://www.roibusinessservices.com/blog.php?id=316 When planning for the disposition of your assets, make sure you take into account any property that will pass by "operation of law." These items transfer to designated beneficiaries automatically upon death -- regardless of what your will says. Keep reading to find out how to avoid unintentional problems for your heirs. Wed, 23 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=316 2018 Tax Payments Fall Short? You May Be Eligible for Penalty Relief http://www.roibusinessservices.com/blog.php?id=317 The IRS announced that it is waiving penalties for many taxpayers whose withholding and estimated payments for 2018 fell short of their total liability for the year. Many people will find themselves in this situation due to changes in the Tax Cuts and Jobs Act. Instead of claiming refunds, these taxpayers will owe taxes when they file this tax season. But now, they won't be charged estimated tax penalties. Wed, 23 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=317 There's still time to get substantiation for 2018 donations http://www.roibusinessservices.com/blog.php?id=312 Don't take the substantiation requirements for charitable donation deductions lightly. Tue, 22 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=312 Develop a Strong Hand to Negotiate Loan Covenants http://www.roibusinessservices.com/blog.php?id=313 When you need financing for your enterprise, step back and think about what covenants you are willing â?? and able â?? to accept as part of a deal with your lender. If you negotiate well, you may eliminate some constraints and loosen others. That can help your business more easily comply with loan obligations and keep capital flowing. Here are a few issues to consider before you talk to a loan officer. Tue, 22 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=313 Getting wise to the rise of "smart" buildings http://www.roibusinessservices.com/blog.php?id=310 Any company interested in a new or improved space should study up on the potential advantages and cost impact of "smart"Ã? buildings. Fri, 18 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=310 Fun fact: What percentage of Americans used only credit and debit cards in the last week? http://www.roibusinessservices.com/blog.php?id=311 Fri, 18 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=311 What will your marginal income tax rate be? http://www.roibusinessservices.com/blog.php?id=308 The TCJA made changes to some of the middle income tax brackets that may negatively affect unmarried taxpayers and positively affect married taxpayers. Tue, 15 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=308 Videoconferencing: Sharpen Your Company\'s Focus http://www.roibusinessservices.com/blog.php?id=309 Videoconferencing can boost productivity, cut travel costs, accelerate business decisions and solve the dilemma of employees who are nervous about traveling. This article acts as a guide to the advantages, and some drawbacks, of equipping your company with video. It could help you sharpen your business meetings and put your company on the forward edge, at a fraction of what you pay now for business travel. Tue, 15 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=309 Spouses Are Guilty Until Proven Innocent http://www.roibusinessservices.com/blog.php?id=307 If you file a joint tax return, you need to be aware of your individual liability. Wed, 09 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=307 Notify the IRS if You Change Your Address http://www.roibusinessservices.com/blog.php?id=306 It's important to tell the IRS if you change your address. Wed, 09 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=306 Economic damages: Recovering what was lost http://www.roibusinessservices.com/blog.php?id=304 If your company loses profits or business value to an outside partyâ??s wrongful actions, a financial expert can lead your efforts in court to recover economic damages. Wed, 09 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=304 4 business functions you could outsource right now http://www.roibusinessservices.com/blog.php?id=305 Is there an aspect to running your business thatâ??s unduly distracting or time-consuming? Outsourcing might be the solution. Wed, 09 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=305 2 major tax law changes for individuals in 2019 http://www.roibusinessservices.com/blog.php?id=303 Changes to the medical expense deduction and the tax treatment of alimony go into effect in 2019. Wed, 09 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=303 You may be able to save more for retirement in 2019 http://www.roibusinessservices.com/blog.php?id=299 How much you can contribute to your retirement plans each year depends in part on the annual limits. Sometimes these go up from one year to the next, and sometimes they donâ??t. Learn whatâ??s changed and what hasnâ??t for 2019. Wed, 02 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=299 Make sure the price is right with market research http://www.roibusinessservices.com/blog.php?id=298 Changing your companyâ??s pricing strategy shouldnâ??t be a guessing game or a gut decision. Only with the right information can you make an adjustment thatâ??s likely to succeed. Wed, 02 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=298 A refresher on major tax law changes for small-business owners http://www.roibusinessservices.com/blog.php?id=300 With the new year comes the need for small-business owners to begin thinking about filing their 2018 income tax returns. The TCJA could significantly alter your tax liability compared to previous years. So refresh yourself on its major provisions. Wed, 02 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=300 Is it Time to Rebid Your Vendor Contracts? http://www.roibusinessservices.com/blog.php?id=302 Sometimes service vendor relationships can get just a little bit too cozy. Next thing you know, you're being taken for granted â?? and perhaps overpaying or not getting the quality of service that you should. How can you avoid that situation? By rebidding contracts on a regular basis. Here's how. Wed, 02 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=302 Insurance - Test Your Life Insurance Knowledge http://www.roibusinessservices.com/blog.php?id=301 Life insurance is a key risk management tool that can help you pursue your financial dreams as well as help protect your loved ones. It also can be pretty complicated. Keep in mind, the cost and availability of life insurance depend on several factors, including age, health, and of course the type and amount of insurance you buy. How much do you really know about life insurance? Wed, 02 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=301 The Tax Consequences of Losing your Job http://www.roibusinessservices.com/newsletter.php#3 If you've lost your job, you may have questions surrounding unemployment compensation, severance, and other issues that could affect your tax situation. Tue, 01 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/newsletter.php#3 Tax Tips for Older Americans http://www.roibusinessservices.com/newsletter.php#2 Everyone wants to save money on their taxes, and older Americans are no exception. If you're age 50 or older, here are six tax tips that could help you do just that. Tue, 01 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/newsletter.php#2 Important Tax Changes for Individuals and Businesses http://www.roibusinessservices.com/newsletter.php#1 Welcome, 2019! Each year brings changes to current tax law, and this year is no different. From tax rate schedules to health savings accounts, here's what you need to know. Tue, 01 Jan 2019 09:00:00 -0600 http://www.roibusinessservices.com/newsletter.php#1 Do your long-term customers know everything about you? http://www.roibusinessservices.com/blog.php?id=297 Long-term customers are the foundation of a successful business. But just because a customer is buying from you regularly doesnâ??t mean they couldnâ??t be buying more of your products or services. Fri, 28 Dec 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=297 Act soon to save 2018 taxes on your investments http://www.roibusinessservices.com/blog.php?id=296 While time, not timing, is generally the key to long-term investment success, taking timely action before year end can help save taxes on your investments. Hereâ??s how. Fri, 28 Dec 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=296 Infographic: Conducting a year-end risk assessment? Try this. http://www.roibusinessservices.com/blog.php?id=290 Infographic: Conducting a year-end risk assessment? Try this. Tue, 18 Dec 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=290 Handle Payroll Taxes With Kid Gloves http://www.roibusinessservices.com/blog.php?id=292 Here's a business rule you don't ever want to break: Don't borrow from payroll taxes withheld from employees. The IRS views this money as sacred. That's why the penalties involving these funds are severe. Continue reading for an important heads-up. Tue, 18 Dec 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=292 Getting ahead of the curve on emerging technologies http://www.roibusinessservices.com/blog.php?id=291 Is your business falling behind on emerging technologies? Here are some you need to be aware of and tips for staying up to date. Tue, 18 Dec 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=291 Gap Insurance for Leased Cars http://www.roibusinessservices.com/blog.php?id=294 Leasing a car is an attractive option for many people because of the low upfront outlay of cash. If you're considering leasing a car as opposed to buying one, you may want the added security of insurance to fill in the "gaps" left by standard insurance. This article provides an overview of gap insurance to help you make an informed decision before you sign a lease. Tue, 18 Dec 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=294 Does Your Buy-Sell Agreement Need Updating? http://www.roibusinessservices.com/blog.php?id=295 Many savvy businesses establish buy-sell agreements in case a co-owner voluntarily or involuntarily leaves. But it's not enough to draft such an agreement; the document must be periodically reviewed and perhaps updated. This article examines key aspects to re-evaluate â?? including triggering events, structure and funding sources. Tue, 18 Dec 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=295 http://www.roibusinessservices.com/blog.php?id=293 Tue, 18 Dec 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=293 Year-end tax and financial to-do list for individuals http://www.roibusinessservices.com/blog.php?id=285 Thomson Reuters Checkpointâ?¢ CHECKPOINT® MARKETING FOR FIRMS TAX BRIEF FOR DECEMBER 11 Dear Julie : Below are the text elements of this weekâ??s Tax Brief. A link to a .JPG file of an image is also provided below and you can use it to accompany the full text and/or any of the posts. (The image can be used only with this content; it cannot be used for any other purposes.) Reminder: You should no longer share to Twitter a Link Post from your Checkpoint Marketing content product(s) without customizing it in some way and removing or replacing the image. Click here for more details. â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ â?¢ FULL ARTICLE: Year-end tax and financial to-do list for individuals With the dawn of 2019 on the near horizon, hereâ??s a quick list of tax and financial to-dos you should address before 2018 ends: Check your FSA balance. If you have a Flexible Spending Account (FSA) for health care expenses, you need to incur qualifying expenses by December 31 to use up these funds or youâ??ll potentially lose them. (Some plans allow you to carry over up to $500 to the following year or give you a 2½-month grace period to incur qualifying expenses.) Use expiring FSA funds to pay for eyeglasses, dental work or eligible drugs or health products. Max out tax-advantaged savings. Reduce your 2018 income by contributing to traditional IRAs, employer-sponsored retirement plans or Health Savings Accounts to the extent youâ??re eligible. (Certain vehicles, including traditional and SEP IRAs, allow you to deduct contributions on your 2018 return if theyâ??re made by April 15, 2019.) Take RMDs. If youâ??ve reached age 70½, you generally must take required minimum distributions (RMDs) from IRAs or qualified employer-sponsored retirement plans before the end of the year to avoid a 50% penalty. If you turned 70½ this year, you have until April 1, 2019, to take your first RMD. But keep in mind that, if you defer your first distribution, youâ??ll have to take two next year. Consider a QCD. If youâ??re 70½ or older and charitably inclined, a qualified charitable distribution (QCD) allows you to transfer up to $100,000 tax-free directly from your IRA to a qualified charity and to apply the amount toward your RMD. This is a big advantage if you wouldnâ??t otherwise qualify for a charitable deduction (because you donâ??t itemize, for example). Use it or lose it. Make the most of annual limits that donâ??t carry over from year to year, even if doing so wonâ??t provide an income tax deduction. For example, if gift and estate taxes are a concern, make annual exclusion gifts up to $15,000 per recipient. If you have a Coverdell Education Savings Account, contribute the maximum amount youâ??re allowed. Contribute to a Sec. 529 plan. Sec. 529 prepaid tuition or college savings plans arenâ??t subject to federal annual contribution limits and donâ??t provide a federal income tax deduction. But contributions may entitle you to a state income tax deduction (depending on your state and plan). Review withholding. The IRS cautions that people with more complex tax situations face the possibility of having their income taxes underwithheld due to changes under the Tax Cuts and Jobs Act. Use its withholding calculator (available at irs.gov) to review your situation. If it looks like you could face underpayment penalties, increase withholdings from your or your spouseâ??s wages for the remainder of the year. (Withholdings, unlike estimated tax payments, are treated as if they were paid evenly over the year.) For assistance with these and other year-end planning ideas, please contact us. © 2018 LINKEDIN/FACEBOOK IMAGE POST (STAND-ALONE POST WITHOUT A LINK): With 2019 arriving here soon, there are several tax and financial to-dos you should address before 2018 ends. For example: Incur qualifying health care Flexible Spending Account expenses by Dec. 31 to use up these funds or youâ??ll potentially lose them. Also, max out contributions to retirement plans. Or, if applicable, take required minimum distributions from those plans. If gift and estate taxes are a concern, make $15,000 annual exclusion gifts. Finally, check your withholding and increase it if needed to avoid underpayment penalties. Contact us to learn more. LINKEDIN/FACEBOOK LINK POST (TO USE WITH A LINK TO THE FULL ARTICLE): 2019 will be here soon. Have you taken care of everything you need to do by Dec. 31 to minimize your 2018 taxes, make the most of tax-advantaged savings opportunities and avoid unnecessary penalties? Tue, 11 Dec 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=285 Inventory Your Possessions http://www.roibusinessservices.com/blog.php?id=289 If a disaster happens that destroys some or all of the contents of your home, could you prove what you lost? Most people have no inventory of their possessions and no receipts to prove value. Even if an individual is adequately covered by insurance, without proof of value, getting an insurance settlement may be a long, drawn out process. That's why taking an inventory of what you own is important. Tue, 11 Dec 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=289 Family businesses need succession plans, too http://www.roibusinessservices.com/blog.php?id=282 Family businesses often depend on their founder to maintain the companyâ??s success. But eventually that owner will have to depart the business. Depending on the circumstances, the family itself may be thrown into chaos. A solid succession plan can help prevent this. Tue, 11 Dec 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=282 Estate Tax Planning Tips for Single People http://www.roibusinessservices.com/blog.php?id=286 Estate planning tips are often geared toward married couples. Although many of the same principles apply to single people, singles may need to give their estate plans extra attention to maximize how much they can transfer to loved ones tax-free during their lifetimes and beyond. The Tax Cuts and Jobs Act expands those opportunities through 2025. Tue, 11 Dec 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=286 Don't Procrastinate Planning Your Estate http://www.roibusinessservices.com/blog.php?id=287 Don't delay putting your estate in order, or you could leave your heirs with a mess that takes countless hours and dollars to sort out. Tue, 11 Dec 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=287 Disability Discrimination Claims May Be Teachable Moments http://www.roibusinessservices.com/blog.php?id=284 There's a law that's far from new. The Americans with Disabilities Act (ADA) has been on the books for decades, since 1990. Yet the primary federal agency that enforces the ADA never seems to run out of alleged violations of this law to pursue. A pair of recent cases illuminate key features of the ADA that may benefit employers that have grown a little foggy on just what it requires. Tue, 11 Dec 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=284 Age Has its Privileges ... and Penalties http://www.roibusinessservices.com/blog.php?id=288 Did you, or someone in your family, have a birthday recently? Reaching certain ages can result in the need to make some tax and financial moves. Miss certain deadlines and you might lose out on valuable tax breaks. Take a look at some age-related milestones and why they may be important to you and your family members. Tue, 11 Dec 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=288 7 Year-End Tax Planning Moves for Small Businesses http://www.roibusinessservices.com/blog.php?id=283 What can small business owners do before year end to lower their tax bills? That question is top of mind every autumn, but the answers may be less familiar (and possibly more complicated) under the Tax Cuts and Jobs Act. This article updates some tried-and-true tax strategies to account for the tax law changes that went into effect this year. Tue, 11 Dec 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=283 The Minimum Wage Is Going Up in Many Places on January 1 http://www.roibusinessservices.com/blog.php?id=278 On January 1, 2019, many states and localities around the country are increasing the minimum wage amount employees are paid. They may also be increasing the amounts paid to tipped employees, as well as the garnishment limits. Is your state affected? Take a look at this chart, which details the changes. Tue, 04 Dec 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=278 Tax Cheer for Holiday Gifts to Employees http://www.roibusinessservices.com/blog.php?id=279 Here's what you need to know before making year-end gifts to employees, customers and other business contacts, including how the rules have been clarified under the Tax Cuts and Jobs Act. Tue, 04 Dec 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=279 Proposed Regs Would Expand Health Reimbursement Arrangements http://www.roibusinessservices.com/blog.php?id=281 The IRS, along with the Department of Labor and the Department of Health and Human Services, have issued proposed regulations that would allow employers to fund tax-exempted health reimbursement arrangements to help pay for employees' individual health insurance premiums. Tue, 04 Dec 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=281 4 Year-End Strategies to Lower Your Personal Tax Bill http://www.roibusinessservices.com/blog.php?id=280 The Tax Cuts and Jobs Act (TCJA) made sweeping changes to the federal tax laws that will affect virtually all individual taxpayers. Tue, 04 Dec 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=280 2019 Q1 tax calendar: Key deadlines for businesses and other employers http://www.roibusinessservices.com/blog.php?id=277 2019 Q1 tax calendar: Tue, 04 Dec 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=277 IRS Ups the Ante on Retirement Contributions http://www.roibusinessservices.com/blog.php?id=276 Every year, the IRS releases cost-of-living adjustments to qualified retirement plan amounts. For tax year 2019, many of the limits applicable to pensions and other retirement plans will increase. Thu, 29 Nov 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=276 Estimates vs. actuals: Was your 2018 budget reasonable? http://www.roibusinessservices.com/blog.php?id=275 A good budget starts life as a plan and ends up as an accomplishment. So, with the year winding down, now is a good time to evaluate how your budget performed and start working on next yearâ??s. Thu, 29 Nov 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=275 Does prepaying property taxes make sense anymore? http://www.roibusinessservices.com/blog.php?id=274 You may be getting ready to prepay your property taxes like youâ??ve done every year to boost your itemized deductions. But this year, review your situation first to be sure this strategy will provide a tax benefit. Thu, 29 Nov 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=274 Devote some time to internal leadership development http://www.roibusinessservices.com/blog.php?id=273 A company well-stocked with employees who have leadership skills is a business thatâ??s poised for success. Owners and execs can make this happen by prioritizing internal leadership development. Thu, 29 Nov 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=273 Taking the hybrid approach to cloud computing http://www.roibusinessservices.com/blog.php?id=269 Cloud computing is becoming the norm for businesses. But public clouds present security concerns, while private clouds may seem limiting. Combining the two might be the answer. Tue, 20 Nov 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=269 Don't Gamble With Your Home-Based Business http://www.roibusinessservices.com/blog.php?id=272 With today's technology, more and more people are setting up home-based businesses. However, many of these ventures are vulnerable to huge financial losses in the event of fire, theft, natural disaster or other catastrophes. Tue, 20 Nov 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=272 Catch-up retirement plan contributions can be particularly advantageous post-TCJA http://www.roibusinessservices.com/blog.php?id=271 The income reduction from making catch-up contributions to your retirement plan might be especially beneficial in 2018 if you had significant itemized deductions in the past that now will be reduced or eliminated by the TCJA. Tue, 20 Nov 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=271 3 ways to get more from your marketing dollars http://www.roibusinessservices.com/blog.php?id=270 Albert Einstein allegedly once said, â??Creativity is intelligence having fun.â? So it should go with your companyâ??s marketing budget. Be creative in smart ways like these and you can maximize your ROI. Tue, 20 Nov 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=270 Tax Law Changes Affecting Partnerships, LLCs and Their Owners http://www.roibusinessservices.com/blog.php?id=268 For partnerships and limited liability companies, the Tax Cuts and Jobs Act (TCJA) brought a variety of changes. Some are beneficial and others are unfavorable. In the end, the positives far outweigh the negatives for individual owners and members, compared to prior law. This article provides an overview of what you need to know to operate in the post-TCJA world. Tue, 13 Nov 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=268 Tax Law Allows Employees to Defer Income from Equity-Based Pay http://www.roibusinessservices.com/blog.php?id=266 Restricted stock, stock options and other forms of equity-based compensation can help private companies attract and retain skilled workers. Now, thanks to the Tax Cuts and Jobs Act, the deal is even sweeter, because qualified employees may be able to defer the tax hit from these awards for up to five years. This article explains how this election works and what's required to qualify. Tue, 13 Nov 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=266 Mutual funds: Handle with care at year end http://www.roibusinessservices.com/blog.php?id=264 Investment decisions shouldnâ??t be driven by tax considerations alone, but taxes are still an important factor to consider, especially when it comes to mutual funds in taxable accounts. Consider these year-end tips. Tue, 13 Nov 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=264 Infographic: Here\'s a smart tax move: Donate appreciated art by year end. http://www.roibusinessservices.com/blog.php?id=265 infographic on charitable gifts Tue, 13 Nov 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=265 IRS Issues Guidance Deducting Meals Bought During Entertainment http://www.roibusinessservices.com/blog.php?id=267 As a small business owner, can you deduct for federal income tax purposes the costs of taking a customer or business contact out to a baseball game and buying hot dogs and drinks? The IRS just issued guidance answering that question. This article explains how these types of entertainment and meal expenses have changed under the Tax Cuts and Jobs Act. Tue, 13 Nov 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=267 Teen Drinking and Your Liability http://www.roibusinessservices.com/blog.php?id=261 Depending on the laws of your state, you may be held liable when your teenagers drink alcohol, even if it happens in your own home, and even if you aren't aware of it. Let's say you are away for a few hours in the evening and your teenagers throw an unapproved beer party in your living room. If someone gets hurt there or drives after drinking in your home, your liability could be enormous. Tue, 06 Nov 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=261 Tax Consequences of Borrowing From a Retirement Plan http://www.roibusinessservices.com/blog.php?id=260 Under some circumstances, you can borrow from your retirement account, depending on the type of plan you have. But should you? Only if you're aware of the tax consequences and the implications a loan can have on your future retirement funds. This article answers some questions about how much you can borrow, whether the interest is deductible and other issues to consider before signing loan documents. Tue, 06 Nov 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=260 Take a Loss While Shares are Still Listed http://www.roibusinessservices.com/blog.php?id=262 So you took the plunge into cheaply priced stocks â?? or your more expensive stocks plunged on their own â?? and you wound up taking a bath. Here's how the U.S. tax code might be able to help you avoid being completely soaked by that investment. Tue, 06 Nov 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=262 Firing an Employee? Consider a Separation Agreement http://www.roibusinessservices.com/blog.php?id=258 You may have done absolutely nothing wrong in terminating an employee. But if you want some assurance that the former employee won't decide to sue you or cause you other harm, consider a separation agreement. While this type of agreement isn't foolproof, it can give you a measure of support if needed. Here's how they work. Tue, 06 Nov 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=258 Errors and Omissions Insurance http://www.roibusinessservices.com/blog.php?id=263 Mistakes happen to all of us. But if it happens within your business, the effect can be devastating. That's where Errors and Omissions insurance becomes invaluable. While it's usually associated with professionals such as doctors and attorneys, anyone who provides a service for a fee should consider this kind of coverage. Tue, 06 Nov 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=263 Change management doesn't have to be scary http://www.roibusinessservices.com/blog.php?id=257 When a company must shift direction or do something differently, alarm and worry are common reactions. Mastering the concept of change management can allow your business to grow more securely and successfully. Tue, 06 Nov 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=257 Buy business assets before year end to reduce your 2018 tax liability http://www.roibusinessservices.com/blog.php?id=259 Investing in business assets is a traditional and powerful year-end tax planning strategy, and it might make even more sense in 2018 Tue, 06 Nov 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=259 What\'s Happened to My Tax-Free Transportation Fringe Benefits? http://www.roibusinessservices.com/blog.php?id=253 Employees accustomed to tax-free, transportation-related fringe benefits may be wondering what's happened. Employers may not be so generous with these benefits, following passage of the Tax Cuts and Jobs Act. The main reason: Employers no longer get deductions for the costs. Here's a look at the new rules and the ways you can still save on taxes. Tue, 30 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=253 Reduce insurance costs by encouraging employee wellness http://www.roibusinessservices.com/blog.php?id=251 Is your business struggling with high insurance costs? Although safety is undoubtedly important, employee wellness is an often-overlooked factor in expensive policies and rising premiums. Tue, 30 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=251 Owning a Home Has Tax Advantages But There Are Limits http://www.roibusinessservices.com/blog.php?id=255 American homeowners expect some tax-saving payback from Uncle Sam for all the interest paid, not to mention the other costs of ownership. However, some people overestimate the tax benefits of owning a home and are disappointed when tax time comes. Here's a realistic look at the tax breaks you can expect from home ownership, and what limitations may apply. Tue, 30 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=255 Donate appreciated stock for twice the tax benefits http://www.roibusinessservices.com/blog.php?id=252 For certain charitably inclined taxpayers, donating appreciated stock to charity can be an excellent year-end tax planning strategy. This may be especially true if the stock is highly appreciated and youâ??d like to sell it but are worried about the tax liability. Tue, 30 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=252 Deducting Pass-Through Business Losses http://www.roibusinessservices.com/blog.php?id=256 Tax law changes further restrict the amount of losses that sole proprietors, partners, LLC members and S corporation shareholders can currently deduct â?? starting in 2018. This is potentially bad news for start-ups and other business ventures that are incurring tax losses. Here's an overview of the new rules for so-called excess business losses and net operating losses (NOLs). Tue, 30 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=256 Age 50 or Older? Consider Extra Retirement Contributions http://www.roibusinessservices.com/blog.php?id=254 Studies show that many Americans aren't setting aside enough money to make their retirement years secure. If you're getting a late start, even contributing the maximum amount each year might not be enough. That's why the IRS allows taxpayers age 50 and older to make additional "catch-up" contributions. To find out how fast those extra deposits can add serious money to your nest egg, keep reading. Tue, 30 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=254 Social Security Wage Base and Earnings Test Amounts Increase for 2019 http://www.roibusinessservices.com/blog.php?id=247 The Social Security Administration recently announced two key figures for 2019: The "wage base" and the "earnings test" amounts. The wage base is the maximum amount of earnings subject to Social Security tax.The earnings test limits the amount that Social Security beneficiaries can earn while collecting benefits if they haven't reached their full retirement age. Tue, 23 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=247 Social Security Quiz http://www.roibusinessservices.com/blog.php?id=246 how much was the first Social Security retirement benefit payment Tue, 23 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=246 Investigate Zoning Restrictions Before Committing to a Location http://www.roibusinessservices.com/blog.php?id=250 Zoning laws outline legally acceptable uses for locations, and previous use is no guarantee that your business will be able to set up shop at your desired locale. Before you sign a rental agreement or a contract to buy commercial real estate be sure to check out the local zoning laws. Taking this precaution can help avoid expensive troubles. Tue, 23 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=250 Intelligent Home Refinancing http://www.roibusinessservices.com/blog.php?id=249 Sure, advertising can make refinancing sound great. Get a new mortgage at a lower rate and save a lot of money. But before you dive into it, make some serious calculations. Here's a guide to help you decide whether refinancing suits you. Tue, 23 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=249 Following the ABCs of customer assessment http://www.roibusinessservices.com/blog.php?id=244 The customer may always be right, but not every customer is profitable. As your business looks to finish strong this year and do even better next year, follow the ABCs that will reveal your best buyers â?¦ and your worst. Tue, 23 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=244 Could "bunching" medical expenses into 2018 save you tax? http://www.roibusinessservices.com/blog.php?id=245 If your total itemized deductions for 2018 will exceed your standard deduction, bunching nonurgent medical procedures and other controllable expenses into 2018 may allow you to exceed the applicable floor and benefit from the medical expense deduction. Tue, 23 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=245 Reporting Income from Vacation Home Rentals under Today\'s Tax Rules http://www.roibusinessservices.com/blog.php?id=248 This article explains how to report income and expenses under the Tax Cuts and Jobs Act for properties that are rented out but also used a great deal of time by owners and their family and friends Tue, 23 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=248 Tax-free fringe benefits help small businesses and their employees http://www.roibusinessservices.com/blog.php?id=237 The tax treatment of fringe benefits varies. Many types are tax-free to employees, but the TCJA has changed the tax treatment of some benefits. Tue, 16 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=237 Non-Compete Agreements: What Can They Accomplish? http://www.roibusinessservices.com/blog.php?id=243 Fear is the basis of non-compete agreements â?? fear that an employee might run off to a competitor and take along some highly specialized knowledge. And while that concern is legitimate, these types of agreements must be phrased carefully and they can't unreasonably restrict a former employee's activities. Tue, 16 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=243 Fun fact: How an accountant shaped a major soft drink's brand. http://www.roibusinessservices.com/blog.php?id=240 Tue, 16 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=240 Employers: IRS Updates Business Travel Per Diems http://www.roibusinessservices.com/blog.php?id=241 Itemized deductions for unreimbursed business expenses are disallowed for employees from 2018 through 2025 Tue, 16 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=241 Consider all the tax consequences before making gifts to loved ones http://www.roibusinessservices.com/blog.php?id=242 Because of the high exemption under the TCJA, few Americans have to worry about facing federal gift and estate tax liability in the next several years. Tue, 16 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=242 4 pillars of a solid sales process http://www.roibusinessservices.com/blog.php?id=239 Leaky revenue streams and an ever-dampening mood at your company may be directly attributable to a broken-down sales process. It could be time to reinforce the ceiling. Letâ??s look at the four elements that support sustained success. Tue, 16 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=239 4 pillars of a solid sales process http://www.roibusinessservices.com/blog.php?id=238 Leaky revenue streams and an ever-dampening mood at your company may be directly attributable to a broken-down sales process. It could be time to reinforce the ceiling. Letâ??s look at the four elements that support sustained success. Tue, 16 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=238 Time to Take Inventory of Your Assets http://www.roibusinessservices.com/blog.php?id=236 It's a good idea to make a list of the value of your assets, including your stocks and bonds. It probably won't take long, but this inventory could be of great help when planning your estate, preparing tax returns and applying for a loan. Here's a rundown of what to include. Tue, 09 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=236 Succeeding At Business Succession http://www.roibusinessservices.com/blog.php?id=235 Sixty-six percent of small-business owners have no formal succession plan, according to one online legal document creation service. While the number may shock you, it's probably not surprising since so many small business owners are consumed by the myriad responsibilities of running their businesses. Nevertheless, owners ignore succession planning at their peril, and possibly at the peril of their heirs. Tue, 09 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=235 Minimizing Your Risk of Cyber Breach http://www.roibusinessservices.com/blog.php?id=232 Here's some advice to help businesses lower their risk of future cyber breaches. Tue, 09 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=232 Insurance Matters: Disability and Your Finances http://www.roibusinessservices.com/blog.php?id=233 Rather than depending on a government program to protect their income in the event of a disability, many individuals prefer to protect themselves with personal disability insurance. This article details the various aspects of governmental and personal disability coverage. Tue, 09 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=233 Ensure You Qualify for Charitable Donation Deductions http://www.roibusinessservices.com/blog.php?id=231 Like most tax breaks, charitable deductions come with many rules. This article covers some of the details of writing off donations of cash, non-cash items, appreciated securities, and even vehicles, boats and planes. It also provides eight steps to finding an IRS-approved charity. Tue, 09 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=231 Charitable IRA rollovers may be especially beneficial in 2018 http://www.roibusinessservices.com/blog.php?id=234 With the TCJAâ??s near doubling of the standard deduction, making a direct charitable IRA rollover can be particularly powerful for taxpayers old enough to be eligible. Tue, 09 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=234 A strong BYOD policy combines convenience with security http://www.roibusinessservices.com/blog.php?id=230 Here are some important points to keep in mind when creating a â??bring your own deviceâ? policy. Tue, 09 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=230 What\'s Involved in Being an Estate Executor? http://www.roibusinessservices.com/blog.php?id=227 It's flattering to be asked to serve as the executor of a loved one's estate. But before you accept, make sure you know the amount of work involved -- as well as the legal liability involved. You should also be aware of the workload before you choose someone to be the executor of your own estate. Here is a list of some of the duties that executors must perform. Tue, 02 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=227 What Makes More Sense? Temps or Full-Timers? http://www.roibusinessservices.com/blog.php?id=226 Filling certain positions with temporary workers rather than full-time employees sometimes makes sense. But organizations must make the decision wisely and comply with regulations that classify employees and differentiate them from temps. Tue, 02 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=226 The Tax Treatment of Moving Expense Reimbursements http://www.roibusinessservices.com/blog.php?id=225 Tax treatment of moving expenses has changed, as part of the Tax Cuts and Jobs Act (TCJA). Tue, 02 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=225 Take a Loss While Shares are Still Listed http://www.roibusinessservices.com/blog.php?id=229 So you took the plunge into cheaply priced stocks â?? or your more expensive stocks plunged on their own â?? and you wound up taking a bath. Tue, 02 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=229 Synchronize Your Student With College Savings http://www.roibusinessservices.com/blog.php?id=224 As your children grow, the clock keeps ticking away on college savings opportunities. Will your family's finances be ready to handle the college years? Tue, 02 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=224 Do Not Take Tax Chances on Gambling http://www.roibusinessservices.com/blog.php?id=228 Gambling winnings fall under the Internal Revenue Code definition of gross income "from whatever source derived," and that means they are taxable. Tue, 02 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=228 Dig out your business plan to prepare for the year ahead http://www.roibusinessservices.com/blog.php?id=223 It may lie buried deep within a desk drawer or file cabinet, or perhaps on a hard drive somewhere. Once discovered, it can provide remarkable insights. Hereâ??s why you should unearth and revitalize your business plan. Tue, 02 Oct 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=223 Tax planning for investments gets more complicated http://www.roibusinessservices.com/blog.php?id=221 Year-end tax planning for investments is especially complicated in 2018. Tue, 25 Sep 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=221 Medical Expense Deductions http://www.roibusinessservices.com/blog.php?id=220 Infographic: For 2018, taxpayers can itemize medical expenses that total only 7.5% of AGI. Tue, 25 Sep 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=220 Keeping a king in the castle with a well-maintained cash reserve http://www.roibusinessservices.com/blog.php?id=218 Every business owner knows the kingly importance of cash. Maintaining a ready reserve of dollars can enable you to better compete and grow your business. But a reserve can also be too big. Letâ??s discuss how to find and maintain the right balance. Tue, 25 Sep 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=218 IRS Issues Proposed Guidance on Controversial SALT Limitation http://www.roibusinessservices.com/blog.php?id=222 The Tax Cuts and Jobs Act limits itemized deductions for state and local taxes (SALT). Tue, 25 Sep 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=222 ILLINOIS TAX: "Wayfair nexus" and Angel Investment Tax Credit Program http://www.roibusinessservices.com/blog.php?id=219 wayfair nexus, angel investment tax credit program in Illinois Tue, 25 Sep 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=219 The tax deduction ins and outs of donating artwork to charity http://www.roibusinessservices.com/blog.php?id=214 Donating artwork is a great way to share enjoyment of the work with others. But to maximize the tax benefit, too, you must plan your gift carefully and follow all the rules. Tue, 18 Sep 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=214 Tax Law Expands Accounting Method Options for Small Businesses http://www.roibusinessservices.com/blog.php?id=215 Tax Law Expands Accounting Method Options for Small Businesses Tue, 18 Sep 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=215 QBI Deduction Provides Tax Break to Pass-Through Entity Owners http://www.roibusinessservices.com/blog.php?id=217 The IRS recently issued proposed reliance regulations to help clarify the new qualified business income (QBI) deduction that was introduced as part of the Tax Cuts and Jobs Act. Tue, 18 Sep 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=217 Gen Z May Change How You Manage Employees http://www.roibusinessservices.com/blog.php?id=216 Generation Z is beginning to infiltrate the workforce. Are you prepared? Tue, 18 Sep 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=216 Are you ready to expand to a second location? http://www.roibusinessservices.com/blog.php?id=213 Adding a second location is a major event in any companyâ??s history. But rushing into this accomplishment could leave you vulnerable to financial misfortune or even ruin. Letâ??s slow down and discuss. Tue, 18 Sep 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=213 What's Next for State Tax Nexus? http://www.roibusinessservices.com/blog.php?id=210 The recent Wayfair decision has drastically altered the landscape for states that want to collect sales and use taxes. Tue, 11 Sep 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=210 Prepare for valuation issues in your buy-sell agreement http://www.roibusinessservices.com/blog.php?id=208 Creating a good buy-sell agreement is a critical risk-management step for any successful business with multiple owners. Valuation issues will play a major role in getting it done right. Tue, 11 Sep 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=208 Personal Finance - Tax Consequences of Borrowing From a Retirement Plan http://www.roibusinessservices.com/blog.php?id=211 Under some circumstances, you can borrow from your retirement account, depending on the type of plan you have. But should you? Tue, 11 Sep 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=211 Looking for a New Home? Know How Much You Can Afford http://www.roibusinessservices.com/blog.php?id=212 If you're in the market for a new house, do you know how much house you can afford? Sometimes our eyes are bigger than our wallets. Figuring out what you can comfortably afford may be difficult, especially because "affordability" often has different meanings for different people. Here's some guidance to help make the calculation easier. Tue, 11 Sep 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=212 2018 Q4 tax calendar: Key deadlines for businesses and other employers http://www.roibusinessservices.com/blog.php?id=209 It must be fall! For businesses, that means itâ??s time to begin year-end tax planning. Itâ??s also time to think about the fourth quarter 2018 filing deadlines. Tue, 11 Sep 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=209 Mark Mirsky, ROI CPE LLC presented at ICPAS SUMMIT18 http://www.roibusinessservices.com/blog.php?id=203 Mark Mirsky, from ROI CPE LLC presented at the ICPAS SUMMIT18 Tue, 04 Sep 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=203 HSA + HDHP can be a winning health benefits formula http://www.roibusinessservices.com/blog.php?id=205 Looking for the right equation that adds up to an affordable, effective means of offering health care benefits to your employees? Letâ??s crunch the numbers behind the HSA + HDHP model. Tue, 04 Sep 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=205 Effective Retirement Planning Includes Contingencies http://www.roibusinessservices.com/blog.php?id=207 Roughly one in five Americans in the workforce believe that "working for pay" will be a major source of their retirement income. This is according to the "2018 Retirement Confidence Survey" produced by the Employee Benefit Research Institute (EBRI). Nearly half of respondents believe paid work will be a minor source of retirement income for them. Tue, 04 Sep 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=207 Do you need to make an estimated tax payment by September 17? http://www.roibusinessservices.com/blog.php?id=204 Two of the 2018 estimated tax payment deadlines for individuals have already passed; the third one is coming up very soon. Hereâ??s how to determine if you need to make a payment. Tue, 04 Sep 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=204 Back-to-school time means a tax break for teachers http://www.roibusinessservices.com/blog.php?id=206 Fall is almost here and students are returning to school. For many teachers, that also means the return of out-of-pocket classroom expenses. Fortunately, they can enjoy a tax deduction for some of these costs. Tue, 04 Sep 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=206 Watch Out for these Tax Issues When Planning for Your Business in 2018 http://www.roibusinessservices.com/blog.php?id=199 The Tax Cuts and Jobs Act makes sweeping changes. But some of the new provisions won't necessarily be relevant to your situation. Here's a quick reference guide to the major changes under the new law to help you understand what's changing. Tue, 28 Aug 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=199 The ABCs of Higher Education Tax Breaks http://www.roibusinessservices.com/blog.php?id=201 The Tax Cuts and Jobs Act (TCJA) includes many changes that affect individual taxpayers. But, in terms of tax breaks for higher education, the new tax law generally maintains the status quo, with a few minor tweaks here and there. Here's the rundown on education-related tax breaks for 2018 and beyond. Tue, 28 Aug 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=201 Protect Your Company Against Fraud http://www.roibusinessservices.com/blog.php?id=202 All types of organizations now fall victim to internal and external fraud, including not-for-profits, government entities, small companies, and corporate giants. Tue, 28 Aug 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=202 New ACA Legal Battle Could Affect Individual and Employer Health Coverage http://www.roibusinessservices.com/blog.php?id=200 The Affordable Care Act (ACA) has been controversial since it was enacted in 2010. The latest legal attack calls into question whether insurance carriers will still be required to issue coverage to individuals without regard to pre-existing medical conditions, and the degree of pricing flexibility that carriers will have based on the demographics of a covered group. Tue, 28 Aug 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=200 Business tips for back-to-school time http://www.roibusinessservices.com/blog.php?id=198 When students head back to school, you can take your business development efforts to the next level. Look for ways such as these to get noticed while building relationships and improving your local community. Tue, 28 Aug 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=198 Test Your Life Insurance Knowledge http://www.roibusinessservices.com/blog.php?id=194 Life insurance is a key risk management tool that can help you pursue your financial dreams and help protect the ones you love. It also can be pretty complicated. See where you fall on your understanding of life insurance by taking this short quiz. Tue, 21 Aug 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=194 Play your tax cards right with gambling wins and losses http://www.roibusinessservices.com/blog.php?id=196 For those who enjoy gambling as a hobby, as a professional or only on occasion, be sure you understand the tax hand you've been dealt. The TCJA could make the consequences a little different from last year. Tue, 21 Aug 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=196 Leaving Town? Here's a Financial Planning Checklist http://www.roibusinessservices.com/blog.php?id=195 When you're planning a trip, you're probably busy with travel arrangements, having the funds you need and other practical issues, such as having someone cover you at the office and keep an eye on your house. Tue, 21 Aug 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=195 Here\'s the Skinny on Starting an Intership Program http://www.roibusinessservices.com/blog.php?id=197 The top ten categories for internships are business operations, marketing, engineering, sales/business development, media/communications/public relations, data analytics, finance, information technology development (IT), arts and design, and project management. Tue, 21 Aug 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=197 Choosing the right accounting method for tax purposes http://www.roibusinessservices.com/blog.php?id=192 The availability of the cash method of accounting for tax purposes has been expanded by the TCJA. If your business is currently using the accrual method, it might be time for a change. Tue, 21 Aug 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=192 6 ways to get more value from an IT consultant http://www.roibusinessservices.com/blog.php?id=193 Thereâ??s nothing wrong with expecting an IT consultant to be a knowledgeable, hard-working problem solver. But, to get the most from the arrangement, your business will have to put in some effort, too. Tue, 21 Aug 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=193 What are the biggest D&O risks? http://www.roibusinessservices.com/blog.php?id=188 Mon, 13 Aug 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=188 Contemplating compensation increases and pay for performance http://www.roibusinessservices.com/blog.php?id=187 how you go about increasing employeesâ?? compensation can be tricky. Here are some points to consider regarding the pay-for-performance model. Mon, 13 Aug 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=187 Breaking Into Your 401(k) is an Expensive Way to Raise Cash http://www.roibusinessservices.com/blog.php?id=189 Do you need money fast or are you switching jobs? Your 401(k) plan might look tempting. But don't waste your hard-earned savings. Here are the reasons to leave your 401(k) alone or roll it over to another plan. Mon, 13 Aug 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=189 Age Has its Privileges ... and Penalties http://www.roibusinessservices.com/blog.php?id=191 Did you, or someone in your family, have a birthday recently? Reaching certain ages can result in the need to make some tax and financial moves. Miss certain deadlines and you might lose out on valuable tax breaks. Take a look at some age-related milestones and why they may be important to you and your family members. Mon, 13 Aug 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=191 http://www.roibusinessservices.com/blog.php?id=190 Mon, 13 Aug 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=190 The TCJA prohibits undoing 2018 Roth IRA conversions, but 2017 conversions are still eligible http://www.roibusinessservices.com/blog.php?id=182 There still may be time to undo your 2017 Roth IRA conversion. But think twice before converting this year because you wonâ??t have the same flexibility with a 2018 conversion. Tue, 07 Aug 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=182 Maximize Social Security Benefits When You Retire http://www.roibusinessservices.com/blog.php?id=186 Get the most from Social Security. Tue, 07 Aug 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=186 Is there a weak link in your supply chain? http://www.roibusinessservices.com/blog.php?id=183 No businessâ??s supply chain is completely risk-proof, but some are stronger than others. To safeguard your ongoing operations and profitability, examine yours for vulnerabilities. Tue, 07 Aug 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=183 How to \'Stage\' Your Home When Selling http://www.roibusinessservices.com/blog.php?id=184 Before putting your home on the market these days, it's important to "stage" it. Tue, 07 Aug 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=184 Handbook Essentials to Protect Your Business http://www.roibusinessservices.com/blog.php?id=185 Handbook Essentials to Protect Your Business Tue, 07 Aug 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=185 Smart Ways to Handle Off-Site Employees http://www.roibusinessservices.com/blog.php?id=181 Telecommuting eliminates many problems, but having employees working off site also creates unique management challenges. Tue, 31 Jul 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=181 Here\'s how the IRS contacts taxpayers http://www.roibusinessservices.com/blog.php?id=177 Everyone should know how the IRS contacts taxpayers. This will help people avoid becoming a victim of scammers who pretend to be from the IRS with a goal of stealing personal information. Tue, 31 Jul 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=177 Get SMART when it comes to setting strategic goals http://www.roibusinessservices.com/blog.php?id=176 Strategic planning is key to ensuring every companyâ??s long-term viability, and goal setting is an indispensable step toward fulfilling those plans. Tue, 31 Jul 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=176 Employee Ideas & Involvement - What\'s Best? Silent or Talking Employees? http://www.roibusinessservices.com/blog.php?id=180 There's formal learning, the kind employees get in classroom training. Then there is informed learning, the kind employees share with each other. And then there's this question: "Should management try to discourage 'chatter' between employees?" Tue, 31 Jul 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=180 Do you still need to worry about the AMT? http://www.roibusinessservices.com/blog.php?id=179 The alternative minimum tax (AMT) has long been a worry to many individual taxpayers. Learn how TCJA changes might affect your AMT risk, and see our AMT planning tips. Tue, 31 Jul 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=179 Sales tax Rate Change July 1, 2018 http://www.roibusinessservices.com/blog.php?id=175 Sales tax Rate Change July 1, 2018 Wed, 25 Jul 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=175 Why the \"kiddie tax\" is more dangerous than ever http://www.roibusinessservices.com/blog.php?id=171 If youâ??re considering making a gift of income-producing or appreciated assets to a minor or a college student, beware of the big, bad kiddie tax. Itâ??s fiercer under the TCJA. Tue, 24 Jul 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=171 Trust is an essential building block of today's websites http://www.roibusinessservices.com/blog.php?id=170 The foundation of every effective business website contains one common building block: trust. Tue, 24 Jul 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=170 The ABCs of Higher Education Tax Breaks http://www.roibusinessservices.com/blog.php?id=172 The Tax Cuts and Jobs Act (TCJA) includes many changes that affect individual taxpayers. But, in terms of tax breaks for higher education, the new tax law generally maintains the status quo, with a few minor tweaks here and there. Here's the rundown on education-related tax breaks for 2018 and beyond. Tue, 24 Jul 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=172 New Law Makes Education-Savings Tools More Flexible http://www.roibusinessservices.com/blog.php?id=173 From private preschool classes to college tuition, educating your family can be expensive. You can help lower the out-of-pocket costs by planning ahead with tax-advantaged education savings tools. Tue, 24 Jul 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=173 New Law Expands the Flexibility of ABLE Accounts http://www.roibusinessservices.com/blog.php?id=174 Tax-favored Achieving a Better Life Experience (ABLE) accounts are designed to help people with disabilities and their families to save and pay for disability-related expenses. Tue, 24 Jul 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=174 Effects of the Tax Law Vary Based on Major Life Events http://www.roibusinessservices.com/blog.php?id=169 The Tax Cuts and Jobs Act (TCJA) has brought sweeping changes to the federal income tax rules for individuals. Tue, 17 Jul 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=169 Close-up on the new QBI deduction's wage limit http://www.roibusinessservices.com/blog.php?id=168 The TCJAâ??s new deduction for owners of pass-through entities can be 20% of qualified business income. But a wage-based limit applies if an ownerâ??s taxable income exceeds certain levels. Find out how the limit works. Tue, 17 Jul 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=168 3 keys to a successful accounting system upgrade http://www.roibusinessservices.com/blog.php?id=167 Should you unlock a new and better version of your companyâ??s accounting software? This decision can be made easier by looking at these three key considerations. Tue, 17 Jul 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=167 What you can deduct when volunteering http://www.roibusinessservices.com/blog.php?id=164 Assuming a charity is qualified, you may be able to deduct some of the out-of-pocket costs you incur when volunteering for the organization. Tue, 10 Jul 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=164 New ACA Legal Battle Could Affect Individual and Employer Health Coverage http://www.roibusinessservices.com/blog.php?id=166 The latest legal attack (from ACA) calls into question whether insurance carriers will still be required to issue coverage to individuals without regard to pre-existing medical conditions, Tue, 10 Jul 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=166 Is your inventory getting the better of you? http://www.roibusinessservices.com/blog.php?id=163 As every business owner knows, maintaining just the right amount of inventory is no easy task. Hereâ??s how to manage it effectively. Tue, 10 Jul 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=163 Home green home: Save tax by saving energy http://www.roibusinessservices.com/blog.php?id=165 If you invest in certain green equipment at home, you can save green in the form of tax credits (not to mention the savings on energy costs going forward). Learn what qualifies and how much you can save. Tue, 10 Jul 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=165 Run the numbers before you extend customer credit http://www.roibusinessservices.com/blog.php?id=160 Requiring a comprehensive credit application and crunching the right numbers can prevent or mitigate this costly problem. Tue, 03 Jul 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=160 Finding a 401(k) that's right for your business http://www.roibusinessservices.com/blog.php?id=162 When ready to offer a 401(k) plan, business owners shouldnt assume they're limited to a traditional plan. There are other types of 401(k)s that may better suit your company. Tue, 03 Jul 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=162 Do you know the ABCs of HSAs, FSAs and HRAs? http://www.roibusinessservices.com/blog.php?id=161 HSAs,FSAs and HRAs may seem like groups of letters you might spot floating in your alphabet soup. But they actually are three kinds of accounts that offer tax-advantaged funding of health care expenses. HereÃ?¢??s a quick comparison. Tue, 03 Jul 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=161 Watch Out for these Tax Issues When Planning for Your Business in 2018 http://www.roibusinessservices.com/blog.php?id=157 A quick reference guide to the major changes under the new TCJA tax laws. Tue, 19 Jun 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=157 Tools to help you reach major financial goals. http://www.roibusinessservices.com/blog.php?id=153 Infographic: Tools to help you reach major financial goals. Tue, 19 Jun 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=153 New Tax Benefits of Hiring Your kid http://www.roibusinessservices.com/blog.php?id=158 Summer jobs can be an effective way to teach children about financial responsibility, encourage them to save for college or retirement, and provide them with spending money during the school year. Tue, 19 Jun 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=158 Know the Rules Before Checking Employee Medical Records http://www.roibusinessservices.com/blog.php?id=159 The FMLA can be a minefield in several ways, including how to document eligibility for leave. Tue, 19 Jun 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=159 A midyear review should go beyond financials http://www.roibusinessservices.com/blog.php?id=155 Summer break, for business owners, means time to take a breather with the management team and engage in a productive midyear review. Tue, 19 Jun 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=155 A midyear review should go beyond financials http://www.roibusinessservices.com/blog.php?id=154 Summer break, for business owners, means time to take a breather with the management team and engage in a productive midyear review. Tue, 19 Jun 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=154 2018 Q3 tax calendar: Key deadlines for businesses and other employers http://www.roibusinessservices.com/blog.php?id=156 Important Q3 2018 tax deadlines Tue, 19 Jun 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=156 Timing and Taxes: Two Critical Issues when Buying or Selling a Home http://www.roibusinessservices.com/blog.php?id=152 You might be in a rush to buy or sell a home before summer starts or interest rates increase even more. But, first, it's important to review the tax rules related to home sales and deductions for mortgage interest, property taxes and work-related moving expenses. Beware: Some rules have changed under the Tax Cuts and Jobs Act (TCJA). Tue, 12 Jun 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=152 The tax impact of the TCJA on estate planning http://www.roibusinessservices.com/blog.php?id=151 Your estate plan may need a tax update in light of the Tax Cuts and Jobs Act, even if your estate is well under the new $11.18 million estate tax exemption. Tue, 12 Jun 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=151 Take Advantage of Expanded Tax Breaks for Business Vehicles http://www.roibusinessservices.com/blog.php?id=150 The Tax Cuts and Jobs Act (TCJA) expands the first-year depreciation deductions for vehicles used more than 50% for business purposes. Here's what small business owners need to know to take advantage. Tue, 12 Jun 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=150 New Study Reveals Costs, Means and Ways to Stop Fraud http://www.roibusinessservices.com/blog.php?id=149 Would you leave the front door unlocked to your business or not-for-profit organization? Of course not. That would give thieves easy access to your assets. Yet a surprising number of organizations don't have strong antifraud controls in place to protect against dishonest people inside their organizations. And theft from insiders Ã?¢?? also referred to as "occupational fraud" Ã?¢?? can be costly. Tue, 12 Jun 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=149 Could a long-term deal ease your succession planning woes? http://www.roibusinessservices.com/blog.php?id=148 No one ever said succession planning would be easy. If youâ??re starting to think about retirement and are struggling with your succession plan, consider the benefits of a long-term deal to gradually transition ownership to an outside buyer. Tue, 12 Jun 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=148 Taxpayers should know the telltale signs of a scam http://www.roibusinessservices.com/blog.php?id=147 To avoid becoming a victim, taxpayers should remember these telltale signs of a scam. Tue, 05 Jun 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=147 Saving tax on restricted stock awards with the Sec. 83(b) election http://www.roibusinessservices.com/blog.php?id=145 Have you recently been awarded restricted stock or do you expect to be awarded such stock this year? The Section 83(b) election can be beneficial if the income at the grant date is negligible or the stock is likely to appreciate significantly. Tue, 05 Jun 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=145 Factor in state and local taxes when deciding where to live in retirement http://www.roibusinessservices.com/blog.php?id=146 Trying to decide where to retire? To avoid unpleasant tax surprises, itâ??s critical to consider state and local income, property, sales and estate taxes. Tue, 05 Jun 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=146 Bookings vs. shippings: A sales flash report primer http://www.roibusinessservices.com/blog.php?id=144 Itâ??s critical for every business to track sales activity. But if you wait too long to get the results, youâ??ll have little recourse to act. Flash reports can give you a daily burst of insightful data. Tue, 05 Jun 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=144 The TCJA changes some rules for deducting pass-through business losses http://www.roibusinessservices.com/blog.php?id=140 Pass-through business owners: When can losses be deducted? How much can you deduct in any given year? The TCJA has changed some rules, and you wonâ??t find the changes favorable. Tue, 29 May 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=140 Plan ahead for vacation home rentals http://www.roibusinessservices.com/blog.php?id=139 Owners need to be aware of the tax implications of residential and vacation home rentals. Tue, 29 May 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=139 Patents, Non-Compete and Financial Success http://www.roibusinessservices.com/blog.php?id=137 The financial success of your business, like many companies, may be due to its intellectual property. And legally, your organization is the only entity that can profit from its patents, copyrights or trademarks. Tue, 29 May 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=137 Don't Overlook a Roth IRA if You are Self-Employed http://www.roibusinessservices.com/blog.php?id=142 roth IRA advantages Tue, 29 May 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=142 Cost control takes a total team effort http://www.roibusinessservices.com/blog.php?id=141 High business expenses can creep up from many directions. Thatâ??s why every company needs multiple eyes keeping watch, from management to employees to outside advisors. A cost control program can help. Tue, 29 May 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=141 Ask the right questions about your IT strategy http://www.roibusinessservices.com/blog.php?id=138 Todayâ??s technology takes care of itself, right? Not exactly. Todayâ??s business owners need to be vigilantly curious about whether their IT strategies are working and what could use an upgrade. Tue, 29 May 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=138 Mandatory E-Verify May Be Coming, Are You Ready? http://www.roibusinessservices.com/blog.php?id=135 E-verify, the electronic service, launched in 1996, is primarily a voluntary web-based system, though it could soon become mandatory. Tue, 22 May 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=135 Do Employers Have to Compensate Hourly Technicians for Travel Time http://www.roibusinessservices.com/blog.php?id=136 The U.S. Department of Labor's (DOL) Wage and Hour Division (WHD) has issued a new Opinion Letter on whether employers must compensate employees for travel time. Tue, 22 May 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=136 Could your next business loan get "ratio'd" http://www.roibusinessservices.com/blog.php?id=134 Before applying for a loan, business owners should consider which metrics a bank will rely on for approval and then ensure the company's financials fit the bill. Tue, 22 May 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=134 4 ways to encourage innovation in customer service http://www.roibusinessservices.com/blog.php?id=133 Revising your approach to customer service may seem like reinventing the wheel. But as buying trends, technology and culture change, so must your methods of interacting with customers. Thu, 17 May 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=133 Be aware of the tax consequences before selling your home http://www.roibusinessservices.com/blog.php?id=132 The TCJA preserves the home sale gain exclusion, so if youâ??re selling your principal residence, you may be able to exclude up to $250,000 ($500,000 for joint filers) of gain, tcja Tue, 15 May 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=132 Do you need to adjust your withholding? http://www.roibusinessservices.com/blog.php?id=131 Post-TCJA withholding tables could put you at risk of significantly underwithholding your federal income taxes and being hit with an unexpectedly high tax bill when you file your 2018 tax return next year. HereÃ??Ã?¢??s what to do to avoid this outcome. Thu, 10 May 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=131 Get started on 2018 tax planning now! http://www.roibusinessservices.com/blog.php?id=130 If you recently filed your 2017 individual income tax return or filed for an extension, it may seem like some time off from thinking about taxes is in order. But taking such a break could be costly, especially this year. Fri, 04 May 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=130 Tax document retention guidelines for small businesses http://www.roibusinessservices.com/blog.php?id=129 Itâ??s easy to accumulate a mountain of paperwork (physical or digital) from years of filing tax returns. Here are some guidelines to help small businesses determine what they need to keep and what they can throw out. Mon, 30 Apr 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=129 Haven't filed your 2017 income tax return yet? Beware of these pitfalls http://www.roibusinessservices.com/blog.php?id=128 The April 17 individual income tax return filing deadline is almost here. If you haven't filed yet, watch out for these pitfalls. Tue, 10 Apr 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=128 3 ways to supercharge your supervisors http://www.roibusinessservices.com/blog.php?id=127 Every company wants to hit the stratosphere of success and profitability. But if your people managers are sputtering along on fumes, thatâ??s probably not going to happen. Help them skyrocket to greater heights. Thu, 05 Apr 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=127 2018 Q2 tax calendar: Key deadlines for businesses and other employers http://www.roibusinessservices.com/blog.php?id=126 What additional tax deadlines are there for businesses and other employers during the second quarter of 2018? Fri, 30 Mar 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=126 Home-related tax breaks are valuable on 2017 returns, will be less so for 2018 http://www.roibusinessservices.com/blog.php?id=125 Are you a homeowner? Then home-related tax breaks may provide significant savings on your 2017 return. But the tax-saving outlook isnâ??t as rosy for 2018. Tue, 27 Mar 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=125 A day of Irish. Friends, food, music and a little green at O\'Hares pub. http://www.roibusinessservices.com/blog.php?id=124 Sat, 17 Mar 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=124 Building a sales prospect pipeline for your business http://www.roibusinessservices.com/blog.php?id=123 Every business wants to fuel its success with a high-octane sales process. To make that happen, you need an effective pipeline to get the right prospects to your sales team. Thu, 15 Mar 2018 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=123 7 ways to prepare your business for sale http://www.roibusinessservices.com/blog.php?id=122 Putting a â??for saleâ? sign out in front of your company is a major undertaking. So, if your succession plan involves selling the business, be sure youâ??re ready for the many details involved. Sat, 10 Mar 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=122 Size of charitable deductions depends on many factors http://www.roibusinessservices.com/blog.php?id=121 Decemberâ??s Tax Cuts and Jobs Act preserves the charitable deduction. But you still might find that you donâ??t enjoy the same tax benefits from charitable giving in 2018 as you do on your 2017 return. Tue, 06 Mar 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=121 What you need to know about year-end charitable giving in 2017 http://www.roibusinessservices.com/blog.php?id=120 Delivery date, qualified charity status and tax reform impact are key in 2017 donation plans. Fri, 02 Mar 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=120 Tax deduction for moving costs: 2017 vs. 2018 http://www.roibusinessservices.com/blog.php?id=119 If you moved in 2017, you might be able to deduct some of your moving expenses on your 2017 tax return. Unfortunately, if you move in 2018, itâ??s a different story. Fri, 23 Feb 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=119 Families with college students may save tax on their 2017 returns with one of these breaks http://www.roibusinessservices.com/blog.php?id=118 The recently passed Bipartisan Budget Act of 2018 included an extension of the tuition and fees deduction. But that may not be the best higher-education break to claim on your 2017 return. Tue, 13 Feb 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=118 Can you deduct home office expenses? http://www.roibusinessservices.com/blog.php?id=117 You might be able to deduct home office expenses for 2017 but not 2018. Hereâ??s why. Mon, 05 Feb 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=117 Tax Cuts & Jobs Act of 2017 Seminar a Success! http://www.roibusinessservices.com/blog.php?id=116 Tax Cuts & Jobs Act of 2017 Seminar held by ROI Business Services, LLC at Bartlett Hills Golf January 10, 2018 Fri, 12 Jan 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=116 Don't be a victim of tax identity theft: File your 2017 return early http://www.roibusinessservices.com/blog.php?id=115 At tax filing time, a large tax bill isnâ??t your only risk. So is tax identity theft. To protect yourself, be speedy. Tue, 09 Jan 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=115 The TCJA temporarily expands bonus depreciation http://www.roibusinessservices.com/blog.php?id=114 The new tax lawâ??s enhanced bonus depreciation provision may save tax on your 2017 return. Tue, 02 Jan 2018 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=114 Tax Cuts and Jobs Act: Key provisions affecting individuals http://www.roibusinessservices.com/blog.php?id=113 The Tax Cuts and Jobs Act will have a big impact on most individual taxpayers. Tue, 26 Dec 2017 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=113 401(k) retirement plan contribution limit increases for 2018; most other limits are stagnant http://www.roibusinessservices.com/blog.php?id=112 How much should you contribute to retirement plans in 2018? Wed, 20 Dec 2017 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=112 Even if your income is high, your family may be able to benefit from the 0% long-term capital gains rate http://www.roibusinessservices.com/blog.php?id=111 Higher-bracket taxpayers can take advantage of the 0% long-term gains rate. Tue, 05 Dec 2017 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=111 Valuation often affects succession plans in hard-to-see ways http://www.roibusinessservices.com/blog.php?id=110 Succession planning requires a wide view of many valuation issues. Tue, 28 Nov 2017 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=110 You may need to add RMDs to your year-end to-do list http://www.roibusinessservices.com/blog.php?id=109 Avoid a 50% penalty: Take retirement plan RMDs by December 31. Tue, 21 Nov 2017 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=109 The ins and outs of tax on "Income investments" http://www.roibusinessservices.com/blog.php?id=108 All Ã??Ã?¢??income investmentsÃ??Ã?¢?Ã??Ã? arenÃ??Ã?¢??t alike when it comes to taxes. HereÃ??Ã?¢??s what you need to know. Tue, 14 Nov 2017 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=108 2017 might be your last chance to hire veterans and claim a tax credit http://www.roibusinessservices.com/blog.php?id=107 Hiring a veteran before year end can provide tax and other benefits. Tue, 07 Nov 2017 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=107 Minimize inventory, services to make your financials shine http://www.roibusinessservices.com/blog.php?id=106 Could you brighten up your financials by trimming excess inventory or services? Tue, 31 Oct 2017 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=106 Retirement savings opportunity for the self-employed http://www.roibusinessservices.com/blog.php?id=105 If youâ??re self-employed, set up a retirement plan for 2017 to boost tax-advantaged saving. Tue, 24 Oct 2017 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=105 4 ways to get (and keep) your business data in order http://www.roibusinessservices.com/blog.php?id=104 Every company must regularly and carefully tend to its business data. Tue, 17 Oct 2017 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=104 "Bunching" medical expenses will be a tax-smart strategy for many in 2017 http://www.roibusinessservices.com/blog.php?id=103 Tax reform may make â??bunchingâ? medical expenses an especially valuable strategy this year. Tue, 10 Oct 2017 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=103 Bridging the divide with a mezzanine loan http://www.roibusinessservices.com/blog.php?id=102 Build a bridge with mezzanine financing. Tue, 03 Oct 2017 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=102 Ensuring a peaceful succession with a buy-sell agreement http://www.roibusinessservices.com/blog.php?id=101 An ownership transition can leave one longing for serenity. A buy-sell can help you find it. Tue, 12 Sep 2017 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=101 The ABCs of the tax deduction for educator expenses http://www.roibusinessservices.com/blog.php?id=100 Teachers who buy supplies for their classrooms may be eligible for a tax break. Learn more. Tue, 05 Sep 2017 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=100 Put your audit in reverse to save sales and use tax http://www.roibusinessservices.com/blog.php?id=99 Is your business due a sales and use tax refund? Find out with a reverse audit. Tue, 29 Aug 2017 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=99 4 tough questions to ask before expanding to a new location http://www.roibusinessservices.com/blog.php?id=98 Business is booming! So it must be time to open a new location, right? Not so fast. Tue, 15 Aug 2017 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=98 Listening to your customers by tracking lost sales http://www.roibusinessservices.com/blog.php?id=97 Are your customers crying out for help. Take heed by tracking lost sales. Tue, 08 Aug 2017 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=97 3 midyear tax planning strategies for individuals http://www.roibusinessservices.com/blog.php?id=96 Boost the power of your individual tax planning by implementing these three strategies now. Thu, 03 Aug 2017 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=96 Business Entities http://www.roibusinessservices.com/blog.php?id=94 Which Business Entity? The choice is yours. Infographic Thu, 27 Jul 2017 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=94 Does your business have too much cash? http://www.roibusinessservices.com/blog.php?id=93 Cash is king, but sometimes the king needs to be reined in. Find your optimal cash balance. Thu, 20 Jul 2017 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=93 3 midyear tax planning strategies for business http://www.roibusinessservices.com/blog.php?id=92 With tax reform uncertain, consider these three business tax tips from the last big tax law. Tue, 18 Jul 2017 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=92 Business owners: When it comes to IRS audits, be prepared http://www.roibusinessservices.com/blog.php?id=91 Concerned about being audited by the IRS? Hereâ??s what business owners need to know. Tue, 30 May 2017 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=91 Real estate investor vs. professional: Why it matters http://www.roibusinessservices.com/blog.php?id=90 Are you a real estate â??professionalâ? or just an investor? The answer can affect your taxes. Tue, 23 May 2017 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=90 It may be time for your company to create a strategic IT plan http://www.roibusinessservices.com/blog.php?id=89 Bring all of your companyâ??s bits and bytes under one banner with a strategic IT plan. Wed, 17 May 2017 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=89 Enhanced Security for your my Social Security Account http://www.roibusinessservices.com/blog.php?id=88 my social security account improved with second method to check your identification Mon, 08 May 2017 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=88 3 hot spots to look for your successor http://www.roibusinessservices.com/blog.php?id=87 The ideal successor may seem like that needle in a haystack. Hereâ??s how to begin the search. Wed, 03 May 2017 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=87 Enhance benefits' perceived value with strong communication http://www.roibusinessservices.com/blog.php?id=86 Want a better ROI on your benefits package? Get employees up to speed on what you offer. Fri, 28 Apr 2017 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=86 Matchmaker, matchmaker: Choosing the right lender http://www.roibusinessservices.com/blog.php?id=85 Todayâ??s business lending environment favors the bold. Be a smart and savvy shopper. Wed, 12 Apr 2017 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=85 Who can - and who should - take the American Opportunity credit? http://www.roibusinessservices.com/blog.php?id=84 It may make sense for student, rather than parent, to claim the American Opportunity credit. Mon, 27 Mar 2017 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=84 Some business owners make major decisions by relying on gut instinct. But investments made on a â??hunchâ? often fall short of managementâ??s expectations. In the broadest sense, youâ??re really trying to answer a simple question: If my company buys a g http://www.roibusinessservices.com/blog.php?id=82 Are you on the path to success or road to ruin? The right metrics can help guide you. Wed, 08 Mar 2017 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=82 Don't make hunches - crunch the numbers http://www.roibusinessservices.com/blog.php?id=83 Are you on the path to success or road to ruin? The right metrics can help guide you. Wed, 08 Mar 2017 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=83 What you need to know about the tax treatment of ISOs http://www.roibusinessservices.com/blog.php?id=81 Got incentive stock options? Then you need to understand their tax treatment. Tue, 07 Feb 2017 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=81 Is your business committed to its cost-control regimen? http://www.roibusinessservices.com/blog.php?id=80 Pump up your efforts to slim down business expenses. Hereâ??s how to get started. Fri, 27 Jan 2017 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=80 4 principles of competitive intelligence http://www.roibusinessservices.com/blog.php?id=79 The more you know, the better your business can perform. A competitive intelligence policy can support the effective, but ethical, gathering of information on your competitors and industry. Mon, 16 Jan 2017 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=79 Help prevent tax identity theft by filing early http://www.roibusinessservices.com/blog.php?id=78 Tax identity theft is an increasingly common scam. It involves thieves filing bogus returns and claiming legitimate taxpayersâ?? refunds. Hereâ??s how to help avoid it. Tue, 10 Jan 2017 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=78 Considering a spinoff? Think it through http://www.roibusinessservices.com/blog.php?id=77 You may not want to sell all of your company, but what about part of it? Spinning off a business unit can generate capital and improve efficiency. But the strategy brings considerable challenges. Thu, 05 Jan 2017 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=77 2017 Q1 tax calendar: Key deadlines for businesses and other employers http://www.roibusinessservices.com/blog.php?id=76 The first tax-related deadlines of 2017 for businesses and other employers are rapidly approaching. Make sure you know whatâ??s due in Q Wed, 04 Jan 2017 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=76 Want to save for education? Make 2016 ESA contributions by December 31 http://www.roibusinessservices.com/blog.php?id=75 Donâ??t miss out on the chance to maximize tax-advantaged savings for education expenses. Wed, 21 Dec 2016 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=75 Keeping your family business in the family http://www.roibusinessservices.com/blog.php?id=74 Family business owners: Your company is your financial legacy. Hereâ??s how to protect it. Tue, 20 Dec 2016 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=74 Ensure your year-end donations will be deductible on your 2016 return http://www.roibusinessservices.com/blog.php?id=73 Will your year-end donations qualify for a 2016 charitable deduction? Thu, 15 Dec 2016 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=73 Your company\'s balance sheet makes great reading this time of year http://www.roibusinessservices.com/blog.php?id=72 Thrilling tales of assets, liabilities and equity! Time to start reading your balance sheet. Wed, 14 Dec 2016 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=72 Why making annual exclusion gifts before year end can still be a good idea http://www.roibusinessservices.com/blog.php?id=71 Even with a possible 2017 estate tax repeal, 2016 annual exclusion gifts may be tax-smart. Tue, 13 Dec 2016 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=71 Can you pay bonuses in 2017 but deduct them this year? http://www.roibusinessservices.com/blog.php?id=70 Your business might be able to take a 2016 deduction for bonuses paid in 2017. Find out. Mon, 12 Dec 2016 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=70 There's still time to benefit on your 2016 tax bill by buying business assets http://www.roibusinessservices.com/blog.php?id=69 Thinking about buying business assets? HereÃ?¢??s how to maximize depreciation tax deductions. Thu, 01 Dec 2016 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=69 Year-end tax strategies for accrual-basis taxpayers http://www.roibusinessservices.com/blog.php?id=68 Accrual-basis taxpayer? Here are some year-end tax planning tips especially for you. Wed, 23 Nov 2016 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=68 A brief overview of the President-elect's tax plan for individuals http://www.roibusinessservices.com/blog.php?id=67 What's the President-elect's tax plan for individuals? Lower taxes for many. Here's more. Fri, 18 Nov 2016 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=67 A quick look at the President-elect's tax plan for businesses http://www.roibusinessservices.com/blog.php?id=66 What's the President-elect's tax plan for businesses? Lower rates, fewer breaks. Learn more. Wed, 16 Nov 2016 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=66 3 ways to get started on next year\'s budget http://www.roibusinessservices.com/blog.php?id=65 Start making next year's budget a reality now! Here are three good places to begin. Fri, 11 Nov 2016 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=65 There's still time to set up a retirement plan for 2016 http://www.roibusinessservices.com/blog.php?id=64 Business owners: Don't have a tax-advantaged retirement plan? Consider setting one up. Wed, 09 Nov 2016 09:00:00 -0600 http://www.roibusinessservices.com/blog.php?id=64 Are you timing business income and expenses to your tax advantage? http://www.roibusinessservices.com/blog.php?id=63 The timing of business income and expenses can impact your tax liability. Hereâ??s how. Mon, 31 Oct 2016 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=63 5 ways to speed up collections http://www.roibusinessservices.com/blog.php?id=62 Slow-paying customers turning your cash flow to sludge? Try these collection-boosting tips Thu, 27 Oct 2016 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=62 Tax-smart options for your old retirement plan when you change jobs http://www.roibusinessservices.com/blog.php?id=61 Tax-advantaged retirement plans like 401(k)s are subject to numerous rules and regulations. They can be especially tricky when you change jobs. Hereâ??s how to avoid getting hit with unnecessary taxes and penalties. Thu, 20 Oct 2016 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=61 Business owners, help your estate by gifting company stock http://www.roibusinessservices.com/blog.php?id=60 As a business owner, youâ??ve got to think about how to preserve your wealth for heirs. One idea to consider: Give away company stock to keep its future appreciation out of your taxable estate. Tue, 11 Oct 2016 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=60 Proper education can drive retirement plan participation http://www.roibusinessservices.com/blog.php?id=59 Employees who are knowledgeable about retirement planning are more likely to participate in their employersâ?? plans and succeed at saving. Here are some ways your company can play the role of teacher. Wed, 05 Oct 2016 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=59 Prepaid tuition vs. college savings: Which type of 529 plan is better? http://www.roibusinessservices.com/blog.php?id=58 If youâ??re thinking about investing in a 529 plan to help fund college for your child or grandchild, youâ??ll need to choose between a prepaid tuition plan and a savings plan. Learn how they compare. Thu, 29 Sep 2016 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=58 Innovate or acquire? That's the strategic question http://www.roibusinessservices.com/blog.php?id=57 Growing your company through innovation vs. acquisition: A look at rewards and risks. Mon, 19 Sep 2016 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=57 Documentation is the key to business expense deductions http://www.roibusinessservices.com/blog.php?id=56 You need to keep detailed, accurate records to protect your business tax deductions. Here are two court cases where taxpayers learned that lesson the hard way. Tue, 13 Sep 2016 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=56 Climbing the "hierarchy of needs" to find employee engagement http://www.roibusinessservices.com/blog.php?id=55 Productivity and, indeed, profitability are both tied to highly engaged employees. When looking to promote employee engagement, lessons lie in Maslow's hierarchy of needs. Thu, 08 Sep 2016 09:00:00 -0500 http://www.roibusinessservices.com/blog.php?id=55