It’s almost time for calendar-year businesses to prepare their year-end financial statements. If used correctly, these reports can be a valuable management tool. Use them in benchmarking and forecasting to be proactive, not reactive, to market changes. 1. Benchmarking Historical…
Events & News
Tax Planning 2020 – Checklist for Business Partnerships and Corporations
Here is a guide to potential moves for business partnerships and corporations. Taxpayers other than corporations may be entitled to a deduction of up to 20% of their qualified business income. For 2020, if taxable income exceeds a specified threshold…
Tax Planning 2020 – Checklist for Individuals
Before preparing for year end taxes, here are some tax planning tips to consider before the end of the year. Higher-income earners must be wary of the 3.8% surtax on certain unearned income. The surtax is 3.8% of the lesser…
Commodity Pool Members – NFA Updates Form PQR
NFA Compliance Rule 2-46 requires, with limited exceptions, commodity pool operator (CPO) Members to file NFA Form PQR on a quarterly basis with NFA for each pool that it operates. CFTC Regulation 4.27 imposes similar CPO reporting requirements by requiring…