Introducing our NEW Quarterly Insights Newsletter. Together with BDO Alliance USA, we continue to offer our clients and connections up-to-date relevant tax information. We hope you find this new quarterly newsletter helpful in staying current in this every-changing environment. Fiske & Company is a proud independent member of BDO Alliance USA.
Click here to read our Winter 2019 edition.
Tax-related limits affecting businesses increase for 2019
A variety of tax-related limits affecting businesses are annually indexed for inflation, and many have increased for 2019. For example, the Section 179 expensing limit has gone up to $1.02 million from $1 million. Also up are the income-based phase-ins for certain limits on the new-last-year Sec. 199A qualified business income deduction for owners of pass-through entities. And most limits related to employer-sponsored retirement plans, such as 401(k)s, are higher this year. Contact us for more information about the limits that will affect your business in 2019.Click here for more information.
Are your employees flying the red flags of fraud?
Forensic accountants are best qualified to unearth the "hows and whys" of occupational fraud. But it's up to employers to recognize the signs of fraud and call for professional help in the first place. Accounting discrepancies, such as duplicate payments and out-of-sequence entries, should be investigated. An increase in customer complaints or drops in product quality are other possible red flags. So are a modestly paid worker driving an expensive new car or a usually easygoing employee suddenly being irritable and defensive.
Click herefor more.
UPCOMING TAX DEADLINES
DEADLINE
WHAT'S DUE?
March 15, 2019
Partnership Form 1065 Due
March 15, 2019
S Corporations Form 1120S Due
April 15, 2019
C Corporations Form 1120 Due
April 15, 2019
Sole Proprietors and Individuals Tax Returns Form 1040 Due
