Using Your 401(K) Plan to Save This Year and Next
November 12, 2019 Knowledge Center
Using Your 401(K) Plan to Save This Year and Next

You can reduce taxes and save for retirement by contributing to a tax-advantaged retirement plan. If your employer offers a 401(k) or Roth 401(k) plan, contributing to it is a taxwise way to build a nest egg. If you’re not already contributing the maximum allowed, consider increasing your contribution rate between now and year end. […]

Is Multicloud Computing Right for Your Business?
November 7, 2019 Knowledge Center
Is Multicloud Computing Right for Your Business?

Cloud computing — storing data and accessing apps via the Internet — has been widely adopted by businesses across industry and size. Like many technological advances, though, new derivatives continue to emerge — including so-called multicloud computing. Under this approach, companies don’t rely on a single cloud service; rather, they distribute their data and computing […]

Miller Kaplan Tax Attorneys Appointed to CLA Committees
November 4, 2019 Press Releases
Miller Kaplan Tax Attorneys Appointed to CLA Committees

Miller Kaplan, a top 100 certified public accounting firm, is pleased to announce that two partners, Julia Damasco and Nicholas Sanchez, and one Senior Manager, Qiva Dinuri, were recently appointed to committees within the California Lawyers Association (CLA). Julia Mandeville Damasco, J.D., LL.M. in Taxation, was appointed to the Executive Committee for the Tax Section of […]

Review and Revise Job Descriptions for Everyone’s Benefit
November 1, 2019 Knowledge Center
Review and Revise Job Descriptions for Everyone’s Benefit

A job description may seem like just so many words on a page or website. But those words have power. They can either set an employer and employee on a path toward a positive, fruitful relationship or on a downward spiral into confusion and conflict. To keep your organization on the road to success, review […]

Selling Securities by Year End? Avoid the Wash Sale Rule
October 28, 2019 Knowledge Center
Selling Securities by Year End? Avoid the Wash Sale Rule

If you’re planning to sell assets at a loss to offset gains that have been realized during the year, it’s important to be aware of the “wash sale” rule. How the rule works Under this rule, if you sell stock or securities for a loss and buy substantially identical stock or securities back within the […]

At the Very Least, Update the Financials in Your Business Plan
October 25, 2019 Knowledge Center
At the Very Least, Update the Financials in Your Business Plan

Every new company should launch with a business plan and keep it updated. Generally, such a plan will comprise six sections: executive summary, business description, industry and marketing analysis, management team description, implementation plan, and financials. Now, ideally, you would comprehensively update each section every year. But if the size, shape and objectives of your […]

Leave a Philanthropic Legacy With a Charitable Remainder Trust
October 18, 2019 Knowledge Center
Leave a Philanthropic Legacy With a Charitable Remainder Trust

Let’s say you’re charitably inclined but have concerns about maintaining a sufficient amount of income to meet your current needs. The good news is that there’s a trust for that: a charitable remainder trust (CRT). This type of trust allows you to support your favorite charity while potentially boosting cash flow, shrinking the size of […]

Use a Coverdell ESA to Help Pay College, Elementary and Secondary School Costs
October 16, 2019 Knowledge Center
Use a Coverdell ESA to Help Pay College, Elementary and Secondary School Costs

There are several ways to save for your child’s or grandchild’s education, including with a Coverdell Education Savings Account (ESA). Although for federal tax purposes there’s no upfront deduction for contributions made to an ESA, the earnings on the contributions grow tax-free. In addition, no tax is due when the funds in the account are […]

Laptop Battery Safety is No Laughing Matter
October 16, 2019 Knowledge Center
Laptop Battery Safety is No Laughing Matter

You’d be hard pressed to find a business today that doesn’t have laptop computers listed among its assets. Large companies have hundreds of them; midsize ones issue them to managers to facilitate mobility; and many small businesses rely on them as primary computing devices. Now, in and of itself, a laptop may seem harmless. But […]