Tag: contribution

  • You Still Have Time to Get Substantiation for 2018 Donations

    You Still Have Time to Get Substantiation for 2018 Donations

    If you’re like many Americans, letters from your favorite charities have been appearing in your mailbox in recent weeks acknowledging your 2018 year-end donations. But what happens if you haven’t received such a letter — can you still claim an itemized deduction for the gift on your 2018 income tax return? It depends. Basic requirements…

  • Ins and Outs of Tax Deductions for Donating Artwork to Charity

    Ins and Outs of Tax Deductions for Donating Artwork to Charity

    If you’re charitably inclined and you collect art, appreciated artwork can make one of the best charitable gifts from a tax perspective. In general, donating appreciated property is doubly beneficial because you can both enjoy a valuable tax deduction and avoid the capital gains taxes you’d owe if you sold the property. The extra benefit…

  • 2018 Q4 Tax Calendar: Key Deadlines for Businesses and Other Employers

    2018 Q4 Tax Calendar: Key Deadlines for Businesses and Other Employers

    Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2018. Keep in mind that this list isn’t all-inclusive, so additional deadlines may apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements. October 15  If a…

  • What You Can Deduct When Volunteering

    What You Can Deduct When Volunteering

    Because donations to charity of cash or property generally are tax deductible (if you itemize), it only seems logical that the donation of something even more valuable to you — your time — would also be deductible. Unfortunately, that’s not the case. Donations of time or services aren’t deductible. It doesn’t matter if it’s simple…

  • Finding a 401(k) that’s Right for Your Business

    Finding a 401(k) that’s Right for Your Business

    By and large, today’s employees expect employers to offer a tax-advantaged retirement plan. A 401(k) is an obvious choice to consider, but you may not be aware that there are a variety of types to choose from. Let’s check out some of the most popular options: Traditional. Employees contribute on a pre-tax basis, with the…

  • Four Ways to Encourage Innovation in Customer Service

    Four Ways to Encourage Innovation in Customer Service

    When business people speak of innovation, the focus is usually on a pioneering product or state-of-the-art service that will “revolutionize the industry.” But innovation can apply to any aspect of your company — including customer service. Many business owners perceive customer service as a fairly cut-and-dried affair. Customers call, you answer their questions or solve…