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Eckhoff Accounting News & Resources

Devote Some Time to Internal Leadership Development

Devote Some Time to Internal Leadership Development


Many factors go into the success of a company. You’ve got to offer high-quality products or services, provide outstanding customer service, and manage your inventory or supply chain. But there’s at least one other success factor that many business owners often overlook: internal leadership training and development.

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Does Prepaying Property Taxes Make Sense Anymore?

Does Prepaying Property Taxes Make Sense Anymore?


Prepaying property taxes related to the current year but due the following year has long been one of the most popular and effective year-end tax-planning strategies. But does it still make sense in 2018?

The answer, for some people, is yes — accelerating this expense will increase their itemized deductions, reducing their tax bills.

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Weekly Economic Update for November 26, 2018

Weekly Economic Update for November 26, 2018


November 26, 2018

SUDDENLY, MORE HOMES SELL

Existing home sales improved in October for the first time in seven months. The National Association of Realtors announced a 1.4% monthly increase, while also noting that the annualized sales pace was 5.1% slower than it had been 12 months earlier.

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Catch-Up Retirement Plan Contributions Can Be Particularly Advantageous Post-TCJA

Catch-Up Retirement Plan Contributions Can Be Particularly Advantageous Post-TCJA


Will you be age 50 or older on December 31? Are you still working? Are you already contributing to your 401(k) plan or Savings Incentive Match Plan for Employees (SIMPLE) up to the regular annual limit? Then you may want to make “catch-up” contributions by the end of the year.

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Weekly Economic Update for November 19, 2018

Weekly Economic Update for November 19, 2018


November 19, 2018

IN OCTOBER, INFLATION JUMPED THE MOST SINCE JANUARY

The Consumer Price Index rose 0.3% last month, according to the Bureau of Labor Statistics. This was the largest monthly gain for the headline CPI since its 0.5% move in the first month of the year.

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