Tax Concequences to Pay Attention to When Divorcing as a Business Owner

Monday, December 04, 2023
If you’re getting a divorce, you know the process is generally filled with stress. But if you’re a business owner, tax issues can complicate matters even more. Your business ownership...... Read More

5 strategies to cut your company’s 2023 tax bill

Friday, December 01, 2023
As another year ends with interest rates and markets in flux, one thing remains certain: Reducing your company’s tax bill can improve your cash flow and your bottom line. Below...... Read More

FASB approves updated rules for disclosing income taxes

Thursday, November 30, 2023
On August 30, 2023, the Financial Accounting Standards Board (FASB) unanimously voted to finalize its proposed improvements to the disclosure rules for income taxes. Here’s what’s changing and when those...... Read More

The 2024 cost-of-living adjustment numbers have been released: How do they affect your year-end tax planning?

Wednesday, November 29, 2023
The IRS recently issued its 2024 cost-of-living adjustments for more than 60 tax provisions. With inflation moderating slightly this year over last, many amounts will increase over 2023 amounts but...... Read More

Disabled Family Members May Be Able to benefit From ABLE Accounts

Tuesday, November 28, 2023
If you have family members with disabilities, there may be a tax-advantaged way to save for their needs — without having them lose eligibility for the government benefits to which...... Read More

Tax Implications You May Have When Guaranteeing a Loan To A Corporation

Monday, November 27, 2023
Let’s say you decide to, or are asked to, guarantee a loan to your corporation. Before agreeing to act as a guarantor, endorser or indemnitor of a debt obligation of...... Read More

Take action now to reduce your 2023 income tax bill

Friday, November 24, 2023
A number of factors are making 2023 a confounding tax planning year for many people. They include turbulent markets, stabilizing but still high interest rates and significant changes to the...... Read More

Why are Quickbooks & Marketing the Perfect Pair?

Thursday, November 23, 2023
QuickBooks® is a popular business accounting software program. There are also a number of marketing platforms that businesses can use to stay in touch with customers. Using these tools in...... Read More

Selling your home for a big profit? Here are the tax rules

Tuesday, November 21, 2023
Many homeowners across the country have seen their home values increase in recent years. According to the National Association of Realtors, the median price of existing homes sold in July...... Read More

Should your 401(k) help employees with emergencies?

Monday, November 20, 2023
The SECURE 2.0 law, which was enacted last year, contains wide-ranging changes to retirement plans. One provision in the law is that eligible employers will soon be able to provide...... Read More