HMA

Sweeping Tax Reform Act Will Affect YOU!

WHAT THE TAX REFORM MEANS FOR YOU Congress has passed a tax reform act that will take effect in 2018, ushering in some of the most significant tax changes in three decades. There are a lot of changes in the new act, which was signed into law on Dec. 22, 2017. You can use this […]

Your Year-End Business Health Check

Just like people, businesses need yearly checkups. Follow these seven suggestions and take some time this December to do a year-end business health check! Business owners and managers spend most of their time monitoring operations and dealing with everyday problems. But just as an annual checkup from your doctor helps monitor and manage your personal […]

A Time for Mistletoe … and Holiday Shopping Fraud?

Don’t let a thief turn you into a festive fool this season. Follow these tips to avoid holiday shopping fraud, whether you’re buying online or at your local mall. It’s not surprising that identity thieves and con artists love the holidays. More shoppers, more deals and more buying motivation makes the season rife with opportunities […]

Last Minute Tax Moves for 2017

While the clock is ticking down to 2018, you still have a few weeks left to make some last minute tax moves. Take a look at these five tips and save a little more this year. Check the amount of 2017 tax you have prepaid through withholding and quarterly estimates ASAP. If you’ve underpaid, consider […]

New Year New Job: 5 Tax Tips for Job Changers

There are a lot of new things to get used to when you change jobs, from new responsibilities to adjusting to a new company culture. You may not have considered the tax issues created when you change jobs. Here are tips to reduce any potential tax problems related to making a job change this coming […]

How to Make Employee Reviews Easier and More Productive

It’s the time of year when you may be scheduling employee reviews. The employee knows he or she will hear about the good and the bad, and the supervisor will finally have to discuss those issues he or she has been avoiding all year. Usually both parties fudge a little and are glad that it’s […]

How You Can Trim Both Estate Taxes and Income Taxes This Year

Giving on a yearly basis could trim both your estate and income taxes. First, there’s the annual exclusion for gifts. Currently, you can give $14,000 annually to any number of recipients without paying federal gift tax. Married couples can double this amount by gift-splitting – a gift of $28,000 from one spouse is treated as […]