Resources

Important Update on Proposed Tax Reform

On Thursday, House Republican leadership continued their efforts for tax reform, presenting a new tax bill containing a wide variety of changes for both business and individual tax rates, writes Anna Edgerton and Erik Wasson of Bloomberg News. The authors detail the following elements contained in the proposed legislation:

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2017 – 2018 Tax Planning Guide

Although you can’t avoid taxes, you can take steps to minimize them. This requires proactive tax planning – estimating your tax liability, looking for ways to reduce it and taking timely action. To help you identify strategies that might work for you, we’re pleased to present the 2017 – 2018 Tax Planning Guide.

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5 Questions to Ask Before Paying Off Your Mortgage Early

If you have the means, making extra payments on your mortgage before the end of its term seems like a no-brainer. After all, who wouldn’t want to reduce that substantial debt and be done with those monthly principal and interest payments? But paying off a mortgage early may not be the best choice for every household. Before you start making extra payments, here are five questions to ask yourself.

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Amy Langfelder Announced as CK’s Newest Principal!

Amy began her career at Cray Kaiser 22 years ago, after a few years working at Advantis/IBM as a Financial Analyst. She was quickly promoted to Supervisor and then Manager as she continued to hone her innate customer service talents. Her aim has always been to help expand clients’ financial literacy so they may more effectively lead their businesses. She’s also involved in training junior staff and working alongside her fellow Principals to manage projects across the firm. Amy is process driven and proven. Her expertise in workflow and system efficiencies shines on each of her engagements.

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5 Home Office Deduction Mistakes

If you own a business that operates out of your home, you may be able to deduct a wide variety of expenses. These deductions could include part of your rent or mortgage costs, insurance, utilities, repairs, maintenance and even cleaning costs. This can be a tricky area of the tax code, so make sure you have professional guidance. Here are some of the top mistakes people make when taking home office deductions.

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Is It Always a Good Idea to Amend Your Tax Return?

Your tax return is filed and you’ve even received your refund check. Naturally, you had hoped to be done with taxes for another year. But what do you do if you discover a mistake on your return? Should you file an amended return? Depending on a few circumstances, filing a 1040X may not end up working in your favor. Before you decide, here are some things to consider.

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Warning: Hurricane Harvey Cyber Scam

We wanted to inform you about a few scams that are circulating following Hurricane Harvey. It’s a sad reality that cyber-criminals eagerly exploit tragic circumstances in order to take advantage of their targets. In the aftermath of Hurricane Harvey, a number of new scams have cropped up.

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Business Valuation 101: Approaches for Valuing Private Businesses

Performing a valuation of a publicly-traded company is fairly straightforward. When a company’s stock is actively traded on an exchange, the market sets the price and the transaction can be completed in a matter of seconds. A privately-held company, on the other hand, is a different story. An evaluation of a privately-held company requires financial models, investment and return expectations, and ownership constraints to establish an opinion as to what the market may pay.

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