Local firm management news from around the web: Jan. 2 – 5, 2018

Written on Jan 04, 2018

GOP tax bill rewards real estate, oil while hurting hospitals
President Trump locked down his most significant legislative victory of the year with just days remaining in 2017, as GOP lawmakers signed off on a tax overhaul set to kick in on Jan. 1. But the legislation appears to favor some industries over others.

What the 2018 tax brackets, standard deductions and more look like under tax reform
With tax reform just around the corner, many taxpayers are wondering what it means for 2018. Here are updated 2018 tax brackets, standard deductions and other numbers.

S corp. basis and why it’s important
S corporations are considered passthrough entities that pass the income and losses earned from the business to the shareholders, who are taxed on the business's income and losses on their individual income tax returns. But shareholders cannot automatically assume that loss is deductible on an individual tax return.

How to engage talent in the modern firm
Hiring and retaining top talent is a critical success factor in any firm, but as more firms seek to modernize, what does that mean for the team members you have today and those that you need to hire tomorrow?

Tech Corner - What is a corrupted file, and is there a way to get it back?
Corrupted files don’t happen too often on modern computers with good security measures in place. But when they do, it can be a nightmare. Take a look at the common causes of corrupted files, how you can help prevent them and what you can do when it happens.

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