Frequently Asked Questions

We have provided the following general information addressing common questions asked by our clients.  Factors pertaining to your specific situation may impact the information provided in this general overview.  Please contact us to address your specific circumstance.

Business meals and entertainment

Capital gains and losses of individual

Corporate capital gains and losses

Corporate charitable contribution limitation

Deducting education costs

Depreciation rules for automobiles

Health savings accounts (HSA)

IRS's “common law” test to determine independent contractor/employee status

Overview of IRA alternatives 

Qualified tuition programs - "529 plans"

Tax aspects of 401k plans to participants

Tax implications of divorce

Tax treatment of dividends