Remote work is a trend that has grown as more employees of all generations change the way they work. But working remotely at least part of the time works better in some industries than others: An information system manager is more likely to be able to work at home than

When you're filing your tax returns, what expenses can you deduct from business income? It's a complex question. To start with, a business expense must be both ordinary and necessary to be deductible, according to the IRS. An ordinary expense is one that's common and accepted in your trade or

The end of the year always means the possibility of last-minute tax changes, and this year, that's especially true. Some of the new legislation may mean major changes starting in the new year, but other proposed bills, such as new capital gains and qualified dividend tax rates, may take effect

Election Outcome Update: Tax Policy Post-Georgia Senate Runoffs   Prior to the 2020 election, BDO explored four possible scenarios for the future of tax legislation. Now that the Georgia Senate runoff results are in and we know definitively that the White House, House of Representatives and Senate will be under Democratic control,

Managing Risk in Estate Planning Risk management should be a part of any long-term estate plan, especially when a plan is expected to cover several generations. Multigenerational clients tend to be more concerned with preserving wealth than taking risk on the upside of markets. They look at risk management from a

As the year-end approaches, individuals, business owners and family offices should be reviewing their situations to identify any opportunities for reducing, deferring or accelerating tax obligations. Areas that should be looked at in particular include tax reform provisions that remain in play, as well as new opportunities and relief granted