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. Bad News for Employees with Unreimbursed Vehicle Expenses The new tax law isn’t all good news. Under prior law, employees who used their…

Many people are uncomfortable discussing with heirs how they will distribute their estate. Perhaps you don’t want your children to realize how much they may receive after your death. Or you may think your choice of heirs could change in the future. However, if you don’t discuss your estate plan, disagreements and conflicts could erupt…

Legal precedent related to business appraisals and the use of expert witnesses in divorce tends to vary from state to state. But it’s important to monitor case law across the country for emerging trends, especially if you encounter a case that involves a financial issue that hasn’t been addressed by courts in your jurisdiction. Here,…