Here Are Your Articles for Tuesday, March 26, 2019
Is this email not displaying correctly?
View it in your browser .
Home Services Our Firm Specialties Contact Us

Saved Articles

  • IRS Clarifies Deductible Expenses

    The Internal Revenue Service has updated the rules to reflect changes resulting from the Tax Cuts and Jobs Act. Click through to zero in on changes involving deductible expenses, to make sure you're in compliance.

    Saved on 04-04-2020 - Remove
  • Is This the Right Time to Change Your Company‚Äôs Accounting Method?

    Some companies are required to use financial accounting instead of tax accounting. The Tax Cuts and Jobs Act of 2018 changed these rules. Now more companies can choose for themselves. Click here to learn the distinctions.

    Saved on 04-03-2020 - Remove
  • Cybersecurity and the Importance of Data Privacy

    Ensuring that your business is in compliance with applicable laws and monitoring your data are equally important, but both tasks may be more difficult than they sound. Click through for tips on starting a sound cybersecurity program.

    Saved on 04-02-2020 - Remove
  • Understanding Revenue Recognition

    If you enter into contracts with customers to transfer goods or services either domestically or internationally, you’ll be interested in clarifications from the Financial Accounting Standards Board. Click through for these essential financial accounting updates.

    Saved on 04-01-2020 - Remove
  • What's New With the Kiddie Tax?

    So many tax provisions changed with the Tax Cuts and Jobs Act, passed at the end of 2017. The so-called kiddie tax changed as well. Click through for an examination of this complex provision and how it might affect you.

    Saved on 03-29-2020 - Remove
  • Social Security: Is It Time to Tap Into It?

    You can start taking Social Security payments as early as age 62, but you get a bigger monthly payout if you can wait. What's the optimal time? Click through to learn the basics of Social Security calculations.

    Saved on 03-29-2020 - Remove
  • How Long Since You've Reviewed Your Estate Plan?

    An estate plan is not a one-time event. It's a living series of documents you must continue to address throughout your life. Click through for some guidance on what events may trigger a need for a change.

    Saved on 03-29-2020 - Remove
  • Give Your Taxes Your Attention 365 Days a Year

    Giving your taxes your full attention just once a year isn’t the best business strategy -- especially with so many changes in the past year. Click through to learn the best ways to evaluate the impact of taxes throughout the year.

    Saved on 03-28-2020 - Remove
  • Behavioral Red Flags for Internal Fraud

    It can be difficult to identify whether there is fraud at your company. An audit can help, but other signs may reveal that something is wrong. Click through for a review of the various clues that may indicate a problem.

    Saved on 03-27-2020 - Remove
  • Tax Deductions: What's New?

    Tax law changes in the Tax Cuts and Jobs Act affect itemized deductions because the standard deduction was nearly doubled for most taxpayers. Click through to see if you should consider itemizing anyway.

    Saved on 03-26-2020 - Remove
  • Treasury Postpones April 15th Tax Filing & Payment Deadline

    Taxpayers will be able to delay both filing and payments for 90 days without interest or penalties. Click to uncover the details regarding the new July 15th deadline.

    Saved on 03-26-2020 - Remove
  • Coronavirus and Business Interruption Insurance

    The coronavirus pandemic has upended businesses across the board. Many of those businesses hope their business interruption insurance will help mitigate their financial losses. Click here to delve into the complex world of business insurance.

    Saved on 03-26-2020 - Remove
  • Families First Coronavirus Response Act: Leaves and More

    The president has signed the Families First Coronavirus Response Act (H.R. 6201) into law. It's the first of what are expected to be other federal actions. Click through for a quick look at the major provisions.

    Saved on 03-26-2020 - Remove
  • Telecommuting, Coronavirus and You

    About 8 million U.S. workers telecommute full time, performing all their work out of their homes. The current pandemic is swelling those ranks, as companies and employees scramble to make work-from-home a reality. Click through to learn how to hit the ground running.

    Saved on 03-26-2020 - Remove
  • The Coronavirus: Get the Latest Information

    Whether you're listening to the radio, watching TV or scrolling through websites, there is no lack of information on COVID-19. But what is really helpful? Click through for the latest authoritative government information.

    Saved on 03-26-2020 - Remove
  • IRAs to Charity: A Useful Estate Planning Technique

    The basic goal of an IRA is to give you money to live on in your retirement years. But it can complicate your estate plan if you leave IRA funds for your family to inherit. Click through to learn about the advantages of leaving your IRA to charity instead.

    Saved on 03-25-2020 - Remove
  • It's Never Too Early for Tax Planning

    Good tax planning is a year-round activity that requires knowing your options and keeping good records. Circumstances change. Even if you have used the standard deduction for the past several years, click through to learn why that may no longer be the right option for you.

    Saved on 03-25-2020 - Remove
  • Social Security: Note the Key Changes for 2020

    The Social Security Administration has released new numbers for those paying Social Security and those collecting it. Click through for the new maximum taxable earnings amount as well as COLA and other key adjustments.

    Saved on 03-25-2020 - Remove
  • IRS Warnings About Payroll Scams

    Human resources and payroll departments lacking strong internal controls are vulnerable to cybercrimes. This is not just a tax-season problem. Click through for IRS warnings on HR and payroll tax scams even as the 2020 tax season is on the horizon.

    Saved on 03-25-2020 - Remove
  • Wishing You a Happy, Healthy and Prosperous New Year!

    May every day of the coming New Year glow with good cheer, health, happiness and prosperity for you and your loved ones. Click through for a special New Year greeting.

    Saved on 03-25-2020 - Remove
  • Medical and Dental Expenses: What Can You Deduct?

    Yes, the tax code gives you some deductions for medical and dental expenses, but the rules can get complicated. Click through for an intro to this key deduction, to help figure out where the IRS draws the line.

    Saved on 03-25-2020 - Remove
  • Special Report: Are You Offering the Right Employee Benefits?

    Special Report: Are You Offering the Right Employee Benefits?

    Saved on 03-25-2020 - Remove
  • 5 Tech Trends for the Next Decade

    The past decade saw major advances in the use of technology, and the 2020s are likely to see even more. Click through to read about leading trends that are poised to have a significant impact on businesses.

    Saved on 03-23-2020 - Remove
  • Handling a 'Wrong Information' Form From the IRS

    Have you ever received a CP2000 notice? It's an alert from the IRS that data received from banks, employers or other third parties doesn't match your tax return. Click through to find out how to handle this notice.

    Saved on 03-23-2020 - Remove
  • Qualities That Make Good Leaders

    Leaders can make the difference between success and failure at a company. Have you shown leadership? Have you hired good leaders? Click through to understand how a strong vision can help you lead.

    Saved on 03-23-2020 - Remove
  • IRS Offers Identity Protection PIN

    The IRS is gradually rolling out a new identity protection program that prevents anyone who has stolen your Social Security number from using it to file a fraudulent return. Click through to learn how it works and whether you're eligible.

    Saved on 03-21-2020 - Remove
  • How You Can Use a Deferred Annuity

    It's a time-tested tool for retirement planning, but it's not for everyone. The key is knowing how a deferred annuity works, and whether it's right for you. Click through for an overview, and the inside scoop on how to choose.

    Saved on 03-21-2020 - Remove
  • DOL Revisits Overtime Rule in Proposal

    A new rule will likely make about 1 million additional workers eligible for overtime by raising the threshold to over $35,000 from the current $23,660. Click through for the details on this proposed change.

    Saved on 03-21-2020 - Remove
  • Can You Still Deduct Meal Expenses?

    Tax reform passed at the end of 2017 made some important changes regarding the deductibility of meals. Some time-honored deductions are gone. Click through to see what's changed and what hasn't.

    Saved on 03-21-2020 - Remove
  • 9 Steps to Develop a Business Succession Plan

    A business succession plan is a road map for the company's future. Developing this plan can be a complex process, but it doesn't have to be overwhelming. Click through for 9 steps that can help you determine your company's future.

    Saved on 03-21-2020 - Remove
  • Coulter & Justus Honored as Best Accounting Firms to Work for

    Coulter & Justus, P.C. was recently named as one of the 2019 Accounting Today’s Best Accounting Firms to Work for. Click PHOTO to read more.

    Saved on 03-20-2020 - Remove
  • Understanding Sales Tax in the Post-Wayfair World

    If your business operates in two or more taxing jurisdictions, the Supreme Court’s decision in South Dakota v. Wayfair applies to you. Click through to learn the basics of collecting and reporting sales tax today.

    Saved on 03-20-2020 - Remove
  • Demystifying On-Call Pay

    The conditions surrounding on-call pay can be confusing, and employers often misunderstand them. It comes down to whether employees should be paid if they're required to be available while not working. Click through for an intro to the complex rules.

    Saved on 03-19-2020 - Remove
  • Simple Steps to Obtaining a Financial Planner

    Many people don't know exactly what a financial planner does, or how to find one. And that's a shame, because a good planner is helpful for those at all income levels. Click through to get started on financial planning.

    Saved on 03-18-2020 - Remove
  • Office Space for Lease

    Coulter & Justus has a beautiful three story office building off Pellissippi Parkway in West Knoxville. We occupy the second and third floors and lease the first-floor space which will become available on November 1st. We are looking for another great tenant and would enjoy a client or friend of the firm.  Please click the photo of the building for more details on the space or contact Margie Van Doren at 865-637-4161 for more information.

    Saved on 03-18-2020 - Remove
  • Know the Basics of Medicare

    Medicare is a federal insurance program that provides health coverage for older Americans, and its provisions can get quite complicated. Click through for an introduction so you understand what you or your loved ones are entitled to.

    Saved on 03-17-2020 - Remove
  • Can You Challenge Your Property Taxes?

    From coast to coast, it can be one of the most contentious local issues: your property tax bill. Often, homeowners believe it's etched in stone, but you may have some recourse. Click through for some help in challenging your property tax bill.

    Saved on 03-16-2020 - Remove
  • Bonus Calculations and FLSA Rules

    Bonuses can be a great way to reward top employees. However, businesses need to know that there are different kinds, with key distinctions managers should be well-versed in. Click through to make sure you don't violate FLSA rules.

    Saved on 03-13-2020 - Remove
  • What To Know About the Qualified Business Income Deduction

    It's a much-talked-about and misunderstood provision of the tax reform law passed in 2017, and business owners are still grappling with it. Click through to make sure you understand this beneficial but complex tax provision.

    Saved on 03-12-2020 - Remove
  • Wishing You Happy Holidays and a Season Filled with Peace and Joy

    Wishing you a season of peace and joy! May you enjoy warm memories with loved ones, and may the spirit of the holiday season fill your hearts. Click through for a special greeting.

    Saved on 03-11-2020 - Remove
  • Which Employees Are Exempt From Tax Withholding?

    Most employees are subject to tax withholding. Those exempt from withholding are in the minority -- but you should still know who they are. Click through for a list of employees who are excluded from tax withholding -- and why.

    Saved on 03-10-2020 - Remove
  • New Leasing Standards Arrive for Private Companies

    As of January 1, 2020, all leases, including short-term leases, must be recorded on your company's balance sheet. What does the new Financial Accounting Standards Board standard mean for your business? Click through for an introduction to this complex new series of rules.

    Saved on 03-08-2020 - Remove
  • Capital Gains and Losses: How Do They Work?

    Realized capital gains and losses occur when an asset is sold, which triggers a taxable event. Those are the basics, but the details can get confusing. Click through for an introduction into what these gains and losses can mean for you.

    Saved on 03-07-2020 - Remove
  • Can You Make Direct Deposit Mandatory?

    Direct deposit makes payroll processing so much easier, and the vast majority of employees find it convenient -- which is why you may wish to require it. Click through to see whether you’re allowed to mandate direct deposit.

    Saved on 03-07-2020 - Remove
  • Backup Withholding: Know the Story

    You may find that money you're owed is subject to substantial withholding if certain numbers aren't provided in a timely fashion. Click through to learn how to avoid this or get out of it if it's already happened.

    Saved on 03-07-2020 - Remove
  • Key Rules for Garnishing Lump-Sum Payments

    The DOL has clarified the types of lump-sum payments that are protected by federal garnishment laws versus those that are not. Click through for details to make sure you don't mishandle these for your employees.

    Saved on 02-13-2020 - Remove
  • Do You Need Business Interruption Insurance?

    Many businesses don't even know about it, but it can be essential to your long-term plans. Are you covered if your business can't continue for a substantial period of time? Click through for the reasons to consider business interruption insurance.

    Saved on 02-13-2020 - Remove
  • Wishing You A Wonderful Thanksgiving Holiday

    Wishing you the happiness of good friends, the joy of family and the abundance of the holiday season. Click for a special Thanksgiving greeting. .

    Saved on 02-13-2020 - Remove
  • How to Avoid the Top Estate Planning Errors

    Estate planning can get very complicated, and by the time you realize you've made a mistake, it's usually too late to correct it. Click through for the most common pitfalls, so you can make sure you avoid them.

    Saved on 02-13-2020 - Remove
  • The Next Generation of Leaders Is Quiet but Impactful: Gen X

    We hear a lot about how different generations work, but what's the real story? Can you separate facts from rumors? Click through for a quick review of Generation X and how this generation of workers might fit into your company.

    Saved on 02-13-2020 - Remove
  • Can You Take Advantage of the Research and Development Tax Credit?

    You don’t have to wear a while lab coat to claim the federal research and development tax credit if you meet the four criteria outlined in Internal Revenue Code Section 41 and its regulations. Click through to learn why failing to explore this credit may be leaving money on the table.

    Saved on 02-11-2020 - Remove
  • Understanding Pre-Tax and After-Tax 401(k) Plans

    A recent study showed that when 401(k) plans are offered, about 90 percent of all employees who have the option to contribute do so. There is, however, an important difference between pre-tax and after-tax contributions. Click through to learn about this key distinction.

    Saved on 02-11-2020 - Remove
  • Realize Tax Saving from Contributions to Charitable Organizations

    Appreciated stock can seem like a problem, particularly when the sale can trigger capital gains taxes. But you can avoid these taxes and do good at the same time. Click through for a discussion of the advantages of donating appreciated stock.

    Saved on 02-06-2020 - Remove
  • IRS Issues Draft of New Form W-4

    The new Form W-4 is very different from the current one, but it isn't final yet. More changes may come before the final version is rolled out later this year. Click through for an overview of what employers and employees will likely face in the future.

    Saved on 02-06-2020 - Remove
  • The Final Responsibility: Being an Executor

    It's one of the most important tasks you can carry out for a friend or family member: carry out their last wishes after they're gone. But you don't have to do it alone. Click through for a review of what you need to do as an executor.

    Saved on 02-06-2020 - Remove
  • Taking Over the Finances of an Elderly Person

    Physical health isn't the only thing at risk of deteriorating as we age: Mental health may decline as well, and along with it, the ability to manage money. Click through for tips on how to manage finances to protect your elderly loved one from missteps.

    Saved on 01-04-2020 - Remove
  • Cost Segregation: A Tax-Saving Strategy

    Cost segregation studies can be an important tax-saving tool — if you make the most out of depreciation rules. But it's a complicated process. Click through to learn about cost segregation, and how it can work for you.

    Saved on 12-30-2019 - Remove
  • Coulter & Justus Announces 2020 Promotions

    We are excited to recognize the following group of outstanding people who not only enjoy working together but also take great care of our clients. We are fortunate to have each of them as part of our team. Click the image to see promotions.

    Saved on 02-27-2020 - Remove
  • Freelancing? Know the Tax Rules

    Many people make their living in the gig economy, getting most or all of their income from freelance assignments. Click through for an introduction to the tax provisions that apply to these independent workers.

    Saved on 02-26-2020 - Remove
Coulter & Justus, P.C.
Coulter & Justus, PC
(865) 637-4161
9717 Cogdill Rd, Suite 201
Knoxville, TN 37932
Friend Me on Facebook
Connect with me on LinkedIn
Saved Articles
Comments and Feedback
Refer A Friend
Your Privacy
Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
Powered by
Copyright © IndustryNewsletters All rights reserved.

This email was sent to: newsletters@cj-pc.com

Mailing address: 9717 Cogdill Rd, Suite 201, Knoxville, TN 37932