by Brian Hare, CPA, CGMA | Sep 17, 2021 | Business
The U.S. economy has been nothing short of a roller-coaster ride for the past year and a half. Some industries have had to overcome seemingly insurmountable challenges, while others have seen remarkable growth opportunities arise. If your business is doing well enough...
by Brian Hare, CPA, CGMA | Sep 9, 2021 | Tax
We are happy to release our 2021 – 2022 Tax Planning Guide. This guide includes information and guidance for both businesses and individuals. If you have questions or if you would like additional information, please contact us.
by Brian Hare, CPA, CGMA | Sep 9, 2021 | Tax
How the IRS Communicates with Taxpayers: The first contact from the IRS is normally by letter or written notice delivered by the U.S. Postal Service to a taxpayer, but not always. Depending on the situation, IRS employees may first call or visit with a taxpayer. IRS...
by Brian Hare, CPA, CGMA | Sep 9, 2021 | Business
Commercial loans, particularly small business loans, have been in the news over the past year or so. The federal government’s Paycheck Protection Program has been helpful to many companies, though fraught with administrative challenges. As your business pushes...
by Brian Hare, CPA, CGMA | Sep 7, 2021 | Tax
A business may be able to claim a federal income tax deduction for a theft loss. But does embezzlement count as theft? In most cases it does but you’ll have to substantiate the loss. A recent U.S. Tax Court decision illustrates how that’s sometimes difficult to do....
