Tax and Business Alert - April 2016



Welcome to this month's edition of the Tax and Business Alert. Our goal is to provide you with current articles on various tax and business topics. The articles are intended to keep you up to date on trends and issues that may impact your business and personal financial affairs. Please contact us if you have questions about any of the issues discussed.

GO, SAVE GREEN WITH SUSTAINABLE TAX BREAKS
Many people want to do something, however small, to contribute to a healthier environment. With the passage of the PATH Act late last year, a couple of specific ways to go green and claim a tax break have been made permanent or extended. This article takes a closer look at each. Read more...

TRAINING DAY: REIMBURSING EMPLOYEES' EDUCATION EXPENSES
Area colleges and trade schools often provide a great source of education in professional development. And companies that reimburse employees for their education expenses (and employees who receive such reimbursements) may be able to reap valuable tax savings. This article explains the two primary options for doing so and notes the value of training in employee hiring and retention Read more...

COULD YOUR DEBT RELIEF TURN INTO A TAX DEFEAT?
Restructuring debt has become a common approach to personal financial management. But many people fail to realize that there's often a tax impact to debt relief. This article provides an overview of cancellation-of-debt income. Read more...

TAX CALENDAR
This article notes a couple of important tax deadlines for the second quarter of 2016. Read more...

A PRODUCT/SERVICES REMIX COULD GET YOUR SALES MOVING
Every business needs to regularly remix its line of products or services. This brief article suggests looking deeper into the causes of sales slowdowns to determine how to find just the right balance. Read more...

This publication is distributed with the understanding that the author, publisher and distributor are not rendering legal, accounting or other professional advice or opinions on specific facts or matters, and, accordingly, assume no liability whatsoever in connection with its use. The information contained in this newsletter was not intended or written to be used and cannot be used for the purpose of (1) avoiding tax-related penalties prescribed by the Internal Revenue Code or (2) promoting or marketing any tax-related matter addressed herein. © 2016