McQuade Brennan

Health Reform - The Tax Impact on Small Businesses

Tax credits for certain small employers that provide insurance. The new law provides small employers with a tax credit (i.e., a dollar-for-dollar reduction in tax) for non-elective contributions to purchase health insurance for their employees. The credit can offset an employer's regular tax or its alternative minimum tax (AMT) liability. Small business employers eligible for the credit. To qualify... (posted by McQuade Brennan 1 year 318 days ago.)

New Accounting Rules Change the Leasing Landscape

Effective 2013, new accounting standards will change the way companies record leases in their financial statements. These new rules will have far-reaching consequences for public companies and for the leasing market. Currently, public companies describe their leases in footnotes to their financial statements. The new rules will require lessees to record a lease as a... (posted by McQuade Brennan 1 year 318 days ago.)