American Flag Protocol

Memorial Day, Monday, May 27th, flying the American Flag Protocol - American Flags are flown at half-staff from dawn 'til noon. At noon, the flag is raised to full-staff until sunset, then lowered completely. If your personal flag cannot be raised and lowered, protocol dictates that a black ribbon be tied on top of the flagpole, just under the top ornament.

IRS spotlights expanded tax benefits for depreciation and expensing

Businesses can immediately expense more

Businesses may elect to expense all or part of the cost of what is often referred to as Section 179 property and deduct it in the year they place the property in service. The maximum deduction is increased to $1,000,000, and the phase-out threshold is increased to $2,500,000. These amounts, adjusted annually for inflation, apply to property placed in service in tax-year 2019. Full Story

What to Do If You Can’t Pay Your Taxes

Things happen, circumstances change, and often, people find themselves unable to pay their taxes. If you find yourself in a similar position, it is important that you understand the gravity of the situation. Continued refusal to pay your taxes could lead the IRS to take it forcibly: by garnishing your wages or putting a lien on your assets.