Posts from January, 2016 Jan 27, 2016 Charitable Contributions: Reporting To The IRS The primary authoritative support concerning the valuation and reporting and recordkeeping of charitable donations is addressed in the Internal Revenue Service -- Publications 526 and 561. Publication 561 focuses on the topic of “Determining The Value Of Donated Property.” ... Continue Reading Jan 25, 2016 The Family Leave Act (“FMLA”) – What Is It? The Family and Medical Leave Act of 1993 (FMLA) entitles eligible employees of covered employers to take unpaid, job-protected leave for specified family and medical reasons with continuation of group health insurance coverage under the same terms and conditions as if the ... Continue Reading Jan 22, 2016 Mistakes To Selling Your Business Perhaps the most significant transaction faced by any business owner is the sale of his or her business. Inevitably, a variety of factors will play a role both before and after consummating the transaction. Most, if not all, of these factors will have a direct bearing on the ... Continue Reading Jan 19, 2016 What’s the Difference Between a Lease and an Outright Purchase When Acquiring a Car? Over the last several years there has been increased popularity and attention given to “leasing” as a financing alternative over the outright purchase alternative when acquiring an automobile. There’s no question that leasing offers some significant benefits over an outright ... Continue Reading