If you own a calendar-year corporation, you can benefit from planning moves you make before December 31. For example, corporations can accelerate or defer income or deductions to stay within a certain tax bracket. You'll also want to look at your corporate alternative minimum tax exposure to determine whether you qualify for an exception to the tax. Finally, reviewing estimated tax payments can save penalties. Call us at (518) 798-3330 for more business planning strategies.
Wednesday, November 25, 2015
Monday, November 16, 2015
The health insurance Marketplace (www.healthcare.gov) "open enrollment period" began November 1st for 2016 individual health insurance coverage. Open enrollment is the annual period of time during which health insurance companies must accept your application regardless of your health history. Once open enrollment is over – January 31, 2016, for 2016 policies – you can only get coverage if you have circumstances that allow you to qualify for a special enrollment period.
Friday, November 6, 2015
Breakeven analysis is an important and useful tool in business. Whether you're starting a new business, expanding current operations, contemplating an acquisition, downsizing, or approaching banks and other potential lenders, you'll want to know your breakeven.