The CBD Blog

Find peer advice, partner insights, and industry updates – all here in the CBD blog, ‘At The Helm’! With contributions from our entire team, we blog about the things that interest you.

Save Taxes with Employer-Provided Transportation Fringe Benefits

Have you signed up for transportation fringe benefits or contributed to a salary reduction arrangement to cover the costs of your daily commute? If your employer provides these fringe benefits for parking, mass transit passes, van pooling and bicycle costs, taking advantage of them could save you significant tax dollars. Here are the details.

Read on CBD Spotlight >

Save Taxes with Employer-Provided Transportation Fringe Benefits

Have you signed up for transportation fringe benefits or contributed to a salary reduction arrangement to cover the costs of your daily commute? If your employer provides these fringe benefits for parking, mass transit passes, van pooling and bicycle costs, taking advantage of them could save you significant tax dollars. Here are the details.

Read on CBD Spotlight >

Midyear Planning for Vacation Home Rentals with Significant Personal Use

Many people own properties that they primarily use for family vacations. When they contemplate renting out these vacation homes, questions often arise about taxes. Here are the tax basics for vacation homes that are rented out to third parties but that also have significant personal use. Summer is a good time to plan how to use such properties for the rest of the year to maximize the tax benefits.

Read on CBD Spotlight >

Midyear Planning for Vacation Home Rentals with Significant Personal Use

Many people own properties that they primarily use for family vacations. When they contemplate renting out these vacation homes, questions often arise about taxes. Here are the tax basics for vacation homes that are rented out to third parties but that also have significant personal use. Summer is a good time to plan how to use such properties for the rest of the year to maximize the tax benefits.

Read on CBD Spotlight >

More Adult Children Opting to Live with Parents

Plans to remodel your kid’s bedroom into an exercise room or walk-in closet after he or she completes school may have to be put on hold. A recent study reveals that more young adults are opting to live with their parents as opposed to moving out on their own or with friends. Surprisingly, the uncertain economy isn’t always the reason and many parents and live-in adult children are happy with the set-up. Here’s more on this emerging trend.

Read on CBD Spotlight >

More Adult Children Opting to Live with Parents

Plans to remodel your kid’s bedroom into an exercise room or walk-in closet after he or she completes school may have to be put on hold. A recent study reveals that more young adults are opting to live with their parents as opposed to moving out on their own or with friends. Surprisingly, the uncertain economy isn’t always the reason and many parents and live-in adult children are happy with the set-up. Here’s more on this emerging trend.

Read on CBD Spotlight >

Heavy Vehicle Purchases Offer Significant Business Tax Breaks…For Now

Qualifying business vehicle purchases may be eligible for Section 179 depreciation, 50% first-year bonus depreciation and regular depreciation deductions. Combined, these deductions can be substantial. But the favorable tax rules may not last. If you’re considering purchasing an SUV or other heavy vehicle for business, it could make sense to act before year end in case the rules are changed after Election Day.

Read on CBD Spotlight >

Heavy Vehicle Purchases Offer Significant Business Tax Breaks…For Now

Qualifying business vehicle purchases may be eligible for Section 179 depreciation, 50% first-year bonus depreciation and regular depreciation deductions. Combined, these deductions can be substantial. But the favorable tax rules may not last. If you’re considering purchasing an SUV or other heavy vehicle for business, it could make sense to act before year end in case the rules are changed after Election Day.

Read on CBD Spotlight >