Strategic Planning to Create New Oppo...
Strategic planning is important for your business regardless of its size. It may be even more critical now during a...
Selling Investments… Know Cost Basis ...
If you are planning to sell shares of stock, mutual funds or other investments, familiarize yourself with the cost...
Minimize the Risk of Business Fraud
Business fraud is everywhere. It can range from employees taking small items from the office to embezzling hundreds of...
Be Aware of New Surtaxes
As you calculate your estimated federal tax for 2013, be sure to take into account two new surtaxes: the net...
Home Office Expensing Made Easier by the IRS ...
posted on: Apr 29, 2013 | author: GilGreene
As previously reported in part 1, for tax years beginning on and after January 1, 2013, you may be able to use a simplified method of claiming...
Don’t Neglect Foreign Filing Requirements
posted on: Apr 24, 2013 | author: Cindy Spetalnick
If you own financial assets in foreign countries, you may be required to file the “Foreign Bank Account Report” (FBAR). The form is filed...
IRS Data Shows Individual Audits are Down
posted on: Apr 22, 2013 | author: GS editor
The IRS released data showing that overall audits were down in fiscal 2012 to 1.03 percent of all tax returns filed, as compared with 1.11 percent...
Pricing Your Product or Service For Maximum V...
posted on: Apr 17, 2013 | author: Michael Savoy
As an accountant for over 30 years, I have worked with businesses where the owner’s biggest challenge is deciding how to price products and...
CPAs are Ready to Perform Reviews for Crowdfu...
posted on: Apr 11, 2013 | author: GS editor
One of our shareholders, Shreedhar (Shree) Kothari was interviewed by CPA Magazine about crowd funding. Below is thea article that appeared. Reviews...
Handing Off the Family Business
posted on: Apr 10, 2013 | author: Michael Savoy
Family business owners often make certain assumptions — that their children will gladly succeed them or that they’ll be able to transfer...
Gumbiner Savett Accountant Prepares for the I...
posted on: Apr 5, 2013 | author: GS editor
“When you are passionate about supporting a cause you believe in, you can make things happen.” says Shreedhar (Shree) Kothari (shown in photo...
Everyone Could Use a Financial Calculator
posted on: Apr 1, 2013 | author: Irene Valverde
Because we use calculators around the clock at Gumbiner Savett, we’d like to make them available to our visitors as well. Via our website, you...
