Dannible & McKee, LLP is pleased to present the January issue of our Tax & Business Alert

Many people will eventually need to transfer ownership of real estate, a family business or some other asset expected to appreciate dramatically in the future. In such cases, an installment sale may be a viable option. This article explains under what circumstances this strategy should be considered, and discusses its advantages and disadvantages.
How to Trim the Fat from Your Inventory
Inventory is expensive, so it needs to be as lean as possible. Businesses need to find ways to trim the fat from inventory without compromising revenue and customer service. This article has some suggestions, including using inventory ratios for bench-marking and reviewing product mix.

Read More
Laying the Groundwork for Your 2018 Tax Return

The Tax Cuts and Jobs Act made many changes to tax breaks for individuals. This article looks at some specific areas to review as one lays the groundwork for filing a 2018 tax return: personal exemptions, the standard deduction and the child credit.

7 Ways to Prevent Elder Financial Abuse

As tax season ramps up, so do the efforts of scam artists looking to steal older people's financial data and money. This article offers seven ways to prevent elder financial abuse.

Read More
2019 Tax Calendar

This calendar notes important tax deadlines for the first quarter of 2019.

Featured Article from Our Experts

 
According to the "Report to the Nations - 2018 Global Study on Occupational Fraud and Abuse," median losses due to fraudulent activities were $130,000 in 2018.  It is imperative in 2019 to revisit your fraud controls in place and recognize the red flags of fraud. Audit p artner  Christopher Didio, CPA, CFE  details anti-fraud controls for you to consider implementing to prevent and detect fraud.

 
 
About Dannible & McKee, LLP
 
Dannible & McKee, LLP has been providing audit, tax, accounting and financial management consulting services to clients nationwide since 1978.  Throughout this forty-year history, we have been wholly dedicated to the success of our clients. Every aspect of our business has been guided by our values and our commitment to putting each client's interests first. In a complex profession, we have found our greatest rewards in the simplicity of helping good people prosper. Delivering confidence in every financial decision is our goal for our clients and it's also the most significant way we can contribute to their long-term success.

 
To learn more about Dannible & McKee, visit us at: www.dmcpas.com

Dannible & McKee, LLP | reachus@dmcpas.com  | (315) 472-9127 | www.dmcpas.com
See what's happening on our social sites: