Financial Resources & News

Meals and Entertainment Clarification

Meals and Entertainment Clarification By David Thompson & Caleb Lendy The Tax Cuts and Jobs Act (TCJA), passed in December of 2017, presented many notable changes to the individual income tax. From nearly doubling the standard deduction, to adding new limitations...

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Fighting IRS Identity Theft with Help from BRP

By: Karen Leavitt, CPA, CDFA Bronswick Reicin Pollack, Ltd. “Lately I’ve been hearing more about people encountering fraudulent activity related to their tax returns. What kind of things should I look out for on this now and in the future?” It’s not your imagination....

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The IRS Makes Mistakes Too — and BRP Is Ready for Them

By: Karen Leavitt, CPA, CDFA Bronswick Reicin Pollack, Ltd. “My refund check arrived but it’s smaller than what I thought it would be on my 1040. I’m concerned there may be a discrepancy. Is there anything I can do to find out for certain? Or am I basically at the...

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The R&D Tax Credit: A Potential Bonus for Innovating

Over the last year, you may have made a substantial investment in research and development to take your business to the next level. You engineered a new product. You created more advanced version of an existing product. You tested several new procedures. You built and...

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