May 7, 2025
The “wash sale” rule: Don’t let losses circle the drain
6 tax-free income opportunities
January 8, 2025
6 tax-free income opportunities Believe it or not, there are ways to collect tax-free income and gains. Here are some of the best…
Business TaxesTax AdviceBusiness
Businesses must stay on guard against invoice fraud
January 6, 2025
Businesses must stay on guard against invoice fraud Fraud is a pernicious problem for companies of all shapes and sizes. One broad type of…
Is your home office a tax haven? Here are the rules for deductions
January 3, 2025
Is your home office a tax haven? Here are the rules for deductions Working from home has become increasingly common. The U.S. Bureau of…
Help ensure your partnership or LLC complies with tax law
January 1, 2025
Help ensure your partnership or LLC complies with tax law When drafting partnership and LLC operating agreements, various tax issues must…
Which leadership skills are essential to strategic planning?
December 30, 2024
Which leadership skills are essential to strategic planning? To help ensure continued stability and profitability, businesses need to…
Understanding the $7,500 federal tax credit for buying an electric vehicle
December 27, 2024
Understanding the $7,500 federal tax credit for buying an electric vehicle Electric vehicles (EVs) have become increasingly popular.…
Business TaxesBusinessTax Planning
It’s time for your small business to think about year-end tax planning
December 23, 2024
It’s time for your small business to think about year-end tax planning With Labor Day in the rearview mirror, it’s time to take proactive…
6 key elements of a business budget
December 20, 2024
6 key elements of a business budget Every business needs a budget, but not every budget looks the same. Some companies have intricately…
Reasons an LLC might be the ideal choice for your small to medium-size business
December 18, 2024
Reasons an LLC might be the ideal choice for your small to medium-size business Choosing the right business entity is a key decision for…
Tax TipsTax DeductionsIndividual Tax
Make year-end tax planning moves before it’s too late!
December 16, 2024
Make year-end tax planning moves before it’s too late! With the arrival of fall, it’s an ideal time to begin implementing strategies that…
Tax TipsTax AdviceHealthcare TaxIncome Tax
Are you liable for two additional taxes on your income?
December 13, 2024
Are you liable for two additional taxes on your income? Having a high income may mean you owe two extra taxes: the 3.8% net investment…
Brand audits can help companies in a variety of ways
December 11, 2024
Brand audits can help companies in a variety of ways A strong brand can help boost revenue, while a weaker one may reduce sales…
Navigating tax complexities: Craft partnership agreements and LLC operating agreements with precision
December 9, 2024
Navigating tax complexities: Craft partnership agreements and LLC operating agreements with precision Partnerships are often used for…
Business owners sometimes need to switch successors.
December 6, 2024
Business owners sometimes need to switch successors For many business owners, choosing a successor is the most difficult task related to…
When do valuable gifts to charity require an appraisal?
December 4, 2024
If you donate valuable items to charity and you want to deduct them on your tax return, you may be required to get an appraisal. The IRS…
Businesses must face the reality of cyberattacks and continue fighting back
December 2, 2024
With each passing year, as networked technology becomes more and more integral to how companies do business, a simple yet grim reality…
Tax tips when buying the assets of a business
November 29, 2024
After experiencing a downturn in 2023, merger and acquisition activity in several sectors is rebounding in 2024. If you’re buying a…
A three-step strategy to save tax when selling appreciated vacant land
November 27, 2024
Let’s say you own one or more vacant lots. The property has appreciated greatly and you’re ready to sell. Or maybe you have a parcel of…
Could conversational marketing speak to your business?
November 25, 2024
Businesses have long been advised to engage in active dialogues with their customers and prospects. The problem was, historically, these…
Should you convert your business from a C to an S corporation?
November 22, 2024
Choosing the right business entity has many implications, including the amount of your tax bill. The most common business structures are…
Timelines: 3 ways business owners should look at succession planning
November 20, 2024
Business owners are rightly urged to develop succession plans so their companies will pass on to the next generation, or another iteration…
Inflation enhances the 2025 amounts for Health Savings Accounts
November 18, 2024
The IRS recently released guidance providing the 2025 inflation-adjusted amounts for Health Savings Accounts (HSAs). These amounts are…
House rich but cash poor? Consider a reverse mortgage strategy
November 15, 2024
Are you an older taxpayer who owns a house that has appreciated greatly? At the same time, you may need income. Thankfully, there could be…
Why businesses may want to integrate ESG into strategic planning
November 13, 2024
When business owners and their leadership teams meet to discuss strategic planning, the primary question on the table is usually something…