Year-end tax and financial to-do list for individuals

With the dawn of 2019 on the near horizon, here’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 […]

IRS updates rules impacting employee meals and entertainment

With the holiday season upon us, many employers plan to host holiday or year-end parties for their employees. The Tax Cuts and Jobs Act has added a few more wrinkles to how these business meals and entertainment expenses are to be handled from a tax perspective. Some of the rules were unclear, so the IRS […]