Year end tax planning – 3 hot issues for businesses in 2014

Description

Abstract: When it comes to tax planning for businesses, every year end may seem to have common threads. But each year end also has a few hot issues all its own. This article looks at three for 2014: payroll tax management, property and asset repairs, and mergers and acquisitions. A sidebar reminds employers that they will need to withhold the additional 0.9% Medicare tax on the excess earnings of some highly compensated employees.