February 5, 2025
Maximize your year-end giving with gifts that offer tax benefits
Don’t forget income taxes when planning your estate
October 7, 2022
As a result of the current estate tax exemption amount ($12.06 million in 2022), many estates no longer need to be concerned with federal…
Self-employed? Build a nest egg with a solo 401(k) plan
October 5, 2022
Do you own a successful small business with no employees and want to set up a retirement plan? Or do you want to upgrade from a SIMPLE IRA…
Business TaxesTax AdviceTax Planning
Inflation Reduction Act provisions of interest to small businesses
October 3, 2022
The Inflation Reduction Act (IRA), signed into law by President Biden on August 16, contains many provisions related to climate, energy and…
Home sweet home: Do you qualify for office deductions?
September 30, 2022
If you’re a business owner working from home or an entrepreneur with a home-based side gig, you may qualify for valuable home office…
The Inflation Reduction Act: what’s in it for you?
September 28, 2022
You may have heard that the Inflation Reduction Act (IRA) was signed into law recently. While experts have varying opinions about whether…
Make marketing better with a brand audit
September 26, 2022
Make marketing better with a brand audit Mention the word “audit” to a business owner and you’ll probably get an anxious look. But not all…
Is your income high enough to owe two extra taxes?
September 23, 2022
High-income taxpayers face two special taxes — a 3.8% net investment income tax (NIIT) and a 0.9% additional Medicare tax on wage and…
Year-end tax planning ideas for your small business
September 21, 2022
Now that Labor Day has passed, it’s a good time to think about making moves that may help lower your small business taxes for this year and…
Want to see into the future? Delve deeper into forecasting
September 19, 2022
For a company to be truly successful, its ownership needs to attempt the impossible: see into the future. Forecasting key metrics — such as…
Separating your business from its real estate
September 16, 2022
Does your business need real estate to conduct operations? Or does it otherwise hold property and put the title in the name of the…
Seller-paid points: Can homeowners deduct them?
September 15, 2022
In its latest report, the National Association of Realtors (NAR) announced that July 2022 existing home sales were down but prices were up…
When hiring, don’t overlook older workers
August 30, 2022
Is your business hiring? Many companies are — in fact, an employment report released by the U.S. Department of Labor earlier this month…
Is your cloud provider still meeting your company’s needs?
August 25, 2022
Like many businesses, yours has probably jumped aboard the cloud computing bandwagon … or “skywagon” as the case may be. How’s that going?…
Tax AdviceTax DeductionsImpact on Taxes
Interested in an EV? How to qualify for a powerful tax credit
August 23, 2022
Sales and registrations of electric vehicles (EVs) have increased dramatically in the U.S. in 2022, according to several sources. However,…
The tax obligations if your business closes its doors
August 18, 2022
Sadly, many businesses have been forced to shut down recently due to the pandemic and the economy. If this is your situation, we can assist…
IRS extends relief for physical presence signature requirement
August 16, 2022
Under IRS regulations regarding electronic consents and elections, if a signature must be witnessed by a retirement plan representative or…
Three tax breaks for small businesses
August 11, 2022
Sometimes, bigger isn’t better: Your small- or medium-sized business may be eligible for some tax breaks that aren’t available to larger…
Businesses will soon be able to deduct more under the standard mileage rate
August 10, 2022
Business owners are aware that the price of gas is historically high, which has made their vehicle costs soar. The average nationwide price…
How to keep remote sales on point
August 9, 2022
The pandemic has dramatically affected the way people interact and do business. Your company likely undertook various changes to adapt to…
Five tax implications of divorce
August 5, 2022
Are you in the early stages of divorce? In addition to the tough personal issues that you’re dealing with, several tax concerns need to be…
The kiddie tax: Does it affect your family?
August 4, 2022
Many people wonder how they can save taxes by transferring assets into their children’s names. This tax strategy is called income shifting.…
Important considerations when engaging in a like-kind exchange
August 1, 2022
A business or individual might be able to dispose of appreciated real property without being taxed on the gain by exchanging it rather than…
Weathering the storm of rising inflation
July 29, 2022
Like a slowly gathering storm, inflation has gone from dark clouds on the horizon to a noticeable downpour on both the U.S. and global…
3 summertime marketing ideas for 2022
June 28, 2022
You can’t stop it; you can only hope to use it to your best business advantage. That’s right, summer is on the way and, with it, a variety…