by Brian Hare, CPA, CGMA | Dec 8, 2021 | Business
Among the biggest long-term concerns of many business owners is succession planning — how to smoothly and safely transfer ownership and control of the company to the next generation. From a tax perspective, the optimal time to start this process is long before the...
by Brian Hare, CPA, CGMA | Dec 7, 2021 | Tax
Awards and settlements are routinely provided for a variety of reasons. For example, a person could receive compensatory and punitive damage payments for personal injury, discrimination or harassment. Some of this money is taxed by the federal government, and perhaps...
by Brian Hare, CPA, CGMA | Dec 1, 2021 | Tax
Don’t let the holiday rush keep you from considering some important steps to reduce your 2021 tax liability. You still have time to execute a few strategies for tax savings. Purchase assets Thinking about buying new or used equipment, machinery or office equipment in...
by Brian Hare, CPA, CGMA | Dec 1, 2021 | Business
Businesses have had to grapple with unprecedented changes over the last couple years. Think of all the steps you’ve had to take to safeguard your employees from COVID-19, comply with government mandates and adjust to the economic impact of the pandemic. Now look ahead...
by Brian Hare, CPA, CGMA | Nov 24, 2021 | Tax
The Infrastructure Investment and Jobs Act (IIJA) was signed into law on November 15, 2021. It includes new information reporting requirements that will generally apply to digital asset transactions starting in 2023. Cryptocurrency exchanges will be required to...
