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What is Cloud Accounting and Why Do I Need It for My Business?

By Paul J. Gerry, Jr., CPA, PFS It is hard to believe the Internet is barely 20 years old. Yet in just two decades the Internet has dramatically changed the way we communicate, travel, shop and conduct business. What used to take days or weeks to accomplish can now be done in real time. Nowhere […]

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Why Personal Service Corporations Should Care About the Amount Paid to Shareholders

By Michael D. Koppel, CPA, PFS, CITP, MBARetired Partner at Gray, Gray & GrayDecember 1, 2016 A personal service corporation is a C corporation that performs services in the professions listed in Sec. 448(d)(2)(A) and substantially all of the stock of which (by value) is held directly or indirectly by employees of the corporation and

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What Tax Changes Can We Expect from President Trump?

The unexpected victory of Donald Trump in the 2016 Presidential election has experts scrambling to review his proposed changes to the federal tax laws. While nobody can predict with complete accuracy what adjustments Trump will attempt to make as President, or what Congress will agree to consider, a look at some of the ideas he

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