There’s still time to decrease your 2021 Taxes; here’s 3 key questions to discuss with your tax advisor
As the economy continues to reel from the effect of the Covid-19 pandemic, many taxpayers continue to look for ways...
post
Financial News
12/09/2021
Taxability of Legal court Awards and Settlements
Legal issues for businesses can often end in either a settlement or money awarded to a company or the person...
post
Tax
12/03/2021
Deciphering cryptocurrency reporting requirements
The Infrastructure Investment and Jobs Act (IIJA) was signed into law on November 15, 2021. It includes new information reporting...
post
Tax
11/18/2021
Company Tax Savings for Holiday Gifts and Holiday Parties
The calendar year is winding down and the holiday season will soon be upon us. Last year the pandemic caused...
post
Business
11/17/2021
Infrastructure Bill Signed but the Build Back Better Act Still Under Discussion
There are relatively few tax provisions in the recently signed Infrastructure Investment and Jobs Act legislation, but more extensive changes...
post
Tax
11/11/2021
Moving to another state after retirement? Consider these tax implications before making the move.
You might be considering moving to another state after retirement, possibly looking to relocate to be closer to family and...
post
Tax
11/10/2021
Year-End Tax Updates and Legislative Changes
post
Business
10/26/2021
Cost Segregation Study – when does it makes sense for your business
Often, businesses allocate all or most of their buildings’ acquisition or construction costs to real property, overlooking opportunities to allocate...
post
Business
10/26/2021
Why you should make Qualified Charitable Distributions (QCDs) from your IRA
If you are 70 ½ or older, have an IRA, and make charitable contributions this strategy may be for you....
post
Tax
10/15/2021
Thinking about renting your vacation home? Here’s what you need to know for tax reporting.
It has become increasingly common for people with vacation homes to consider renting the home out to others when not...
post
Business
09/29/2021
Gift Tax Basics
post
Tax
09/29/2021
Jackpot or wager winner? Know the tax score.
If you’re lucky enough to win the lottery or hit a two-team parlay on your favorite sports team, be aware...