Service: Tax
Offering extensive tax expertise to both businesses and individuals.
New Tax Rules on Inherited IRAs: An Update
Individual Retirement Accounts, more commonly known as IRAs, are extremely… Read more »
How Trump’s Return Could Impact Federal Taxes
From large corporate tax cuts to broad tariffs, Donald Trump’s… Read more »
Baldwin
Beck
Gifts to Employees – Taxable Income or Nontaxable Gift?
Gifts to employees are a traditional way to thank people important to your business, but the IRS says certain types of gifts are taxable, and following the rules can prevent a spoiler later.
Bland
Tax Classification for Overseas Manufacturing and Tech Entities: Global Growth
Private U.S. manufacturing and technology businesses choose specific types of… Read more »
Burris
Contractual allowance vs. bad debt for healthcare providers
Knowing the difference between contractual allowance and bad debt is critical to healthcare providers. The IRS wants bad debt clearly separated in tax returns. LBMC can help with revenue recognition standards and tax reporting.