MBA News

Every year, the American Payroll Association celebrates National Payroll Week, drawing attention to the hard-working individuals who do what it takes to get paychecks processed accurately and on time. These professionals are the ones who make sure 150 million wage earners get... Continue Reading

The intent to discriminate might not have been a factor. But an East Coast chemical manufacturer will still have to pay $175,000 in back pay and interest to 660 African-American job applicants, who were rejected for entry-level jobs at one of their locations over a one-year... Continue Reading

Fall is a good time to pause and review your financial planning strategy. A lot can happen in a year. If your personal life, market conditions or tax laws have changed, you may need to revise your long-term financial plans. Here are some retirement and estate planning... Continue Reading

Many expenses that may qualify as miscellaneous itemized deductions are deductible only to the extent they exceed, in aggregate, 2% of your adjusted gross income (AGI). Bunching these expenses into a single year may allow you to exceed this “floor.” So now is a good time to add... Continue Reading

A: It’s a good time to sell a company. The M&A deal market remains strong and many profitable businesses are receiving lucrative offers from buyers. You’re ready to take advantage of the booming market, yet your company’s co-owner isn’t. This scenario is challenging, but more... Continue Reading

Business owners should always know their options when it comes to their company and its relation to their estate plans. Let’s take a look at some commonly chosen vehicles for transferring ownership interests in a business.   The great GRAT With a grantor retained annuity... Continue Reading

A controversial proposal by the Equal Employment Opportunity Commission (EEOC) has been in a holding pattern while the agency accepted input through August 15. The proposal seeks to expand the information it requires employers to provide on the EEO-1 form by adding pay data.... Continue Reading

Say an IRA is inherited by multiple individual beneficiaries or by one or more individuals and one or more charities or other beneficiaries that aren’t “natural persons.” How do these scenarios affect the rules for required minimum distributions (RMDs) that... Continue Reading

If you go on a business trip within the United States and tack on some vacation days, you can deduct some of your expenses. But exactly what can you write off? Transportation expenses Transportation costs to and from the location of your business activity are 100% deductible as... Continue Reading