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Tax News for April 2017

Here are your Articles for April 11, 2017.
  Timely Opportunities

Many savvy businesses establish buy-sell agreements in case a co-owner voluntarily or involuntarily leaves. But it's not enough to draft such an agreement; the document must be periodically reviewed and perhaps updated. This article examines key aspects to re-evaluate — including triggering events, structure and funding sources.

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ABLE accounts can help support the disabled
The Achieving a Better Life Experience (ABLE) Act of 2014 created a tax-advantaged savings account for people who have a qualifying disability (or are blind) before age 26. Modeled after the well-known Section 529 college savings plan, ABLE accounts offer benefits but have limitations as well. This article looks at both.

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So you just filed your taxes - could an audit be next?
Many people feel a great sense of relief wash over them after their tax returns are completed and filed. Unfortunately, even professionally prepared and accurate returns may sometimes be subject to an IRS audit. This article describes why, and how to respond should an audit notice arrive in the mail.

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5 growth strategies for today's businesses
It's probably safe to say that nearly every business owner wants his or her company to grow. The question is: How? This brief article offers up five strategies to consider, including tapping into new markets and developing new sales and delivery channels.

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