April 10, 2024
B2B businesses: Assess customer credit carefully
M&A on the way? Consider a QOE report
October 31, 2022
Whether you’re considering selling your business or acquiring another one, due diligence is a must. In many mergers and acquisitions…
Tax and other financial consequences of tax-free bonds
October 24, 2022
If you’re interested in investing in tax-free municipal bonds, you may wonder if they’re really free of taxes. While the investment…
Financial PlanningSuccession Planning
Investing in the future with a 529 education plan
October 21, 2022
If you have a child or grandchild who’s going to attend college in the future, you’ve probably heard about qualified tuition programs, also…
Worried about an IRS audit? Prepare in advance
October 19, 2022
IRS audit rates are historically low, according to a recent Government Accountability Office (GAO) report, but that’s little consolation if…
Year-end tax planning ideas for individuals
October 17, 2022
Now that fall is officially here, it’s a good time to start taking steps that may lower your tax bill for this year and next. One of the…
Work Opportunity Tax Credit provides help to employers
October 14, 2022
In today’s tough job market and economy, the Work Opportunity Tax Credit (WOTC) may help employers. Many business owners are hiring and…
How to handle evidence in a fraud investigation at your business
October 12, 2022
Every business owner should establish strong policies, procedures and internal controls to prevent fraud. But don’t stop there. Also be…
Tax Filing DeadlinesTax Planning
2022 Q4 tax calendar: Key deadlines for businesses and other employers
October 10, 2022
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2022. Keep in mind…
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…