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Updates regarding tax news

DAFs bring an investment angle to charitable giving
A DAF is a tax-advantaged investment account administered by a not-for-profit "sponsoring organization." Anyone planning to make significant charitable donations in the coming year should consider one. This article explains the attributes of these accounts and discusses their valuable tax benefits.


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Slight adjustments: COLA amounts for 2017 retirement plans
The IRS recently issued cost-of-living adjustments for 2017. This brief article breaks down the slightly changed limits to many different types of retirement plans.


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Need to sell real property? Try an installment sale
Owners of real property, whether businesses or individuals, may not always be able to dispose of it as quickly as they'd like. One avenue for perhaps finding a buyer a little sooner is an installment sale. This article discusses the benefits, risks and methodology of these transactions.


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Reviewing your company's inventory options for best results
An improperly or inadequately managed inventory system can drag down a company's revenues. For this reason, it's a good idea to regularly review inventory accounting and management to ensure best results. This article describes the two primary inventory accounting methods for both tax accounting and financial accounting.


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