Archive for November, 2017

Thursday 11/30/2017

Examining IRS Code Section 460: What You Don’t Know Can Hurt You

Dennis Dlugosz – Director, Corrigan Krause This article was first published in the November 2017 issue of Properties Magazine.  With construction accounting, there are a number of allowable choices to consider when determining the correct and most beneficial tax method to use. Under Internal Revenue Code § 460 (460), the percentage-of-completion method (PCM) of accounting […]

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Thursday 11/23/2017

Maximize Your Giving with Enhanced Tax Deductions for Charitable Contributions of Food

Chris Eichmuller, CPA is a manager at Corrigan Krause. As the holiday season rapidly approaches, food drives and charitable donations are common giving opportunities that many businesses participate in. Did you know your company may be entitled to an enhanced tax deduction if you donate food to a qualifying organization? Qualifying Donations Charitable contributions of […]

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Thursday 11/09/2017

The Proposed Tax Reform: How It Could Impact You and Your Business

Hank Gingerich is a Director in the Tax Department. I am getting a lot of questions from my clients about the effect of the proposed tax bill.  The bill, known as the Tax Cuts and Jobs Act, proposes significant changes for both individuals and businesses. This will be the first significant overhaul of the U.S. […]

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Thursday 11/02/2017

QuickBooks Tips and Tricks: Advice from a ProAdvisor

This content is contributed by Maria Angotti, the Director of Operations at DMS Management Solutions. DMS is a strategic partner of Corrigan Krause. QuickBooks is a tool widely used by many accountants, bookkeepers and CFOs. It allows businesses to stay organized by keeping everything in one place. From QuickBooks, clients are able to track transactions, […]

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