by Brian Hare, CPA, CGMA | Mar 5, 2026 | Uncategorized
If you used one or more vehicles in your business during 2025, you may be eligible for valuable tax deductions on your 2025 income tax return. Businesses can generally deduct expenses attributable to business use of a vehicle plus depreciation. However, the rules are...
by Brian Hare, CPA, CGMA | Feb 19, 2026 | Uncategorized
An important decision to make when filing your individual income tax return is whether to claim the standard deduction or itemize deductions. A change under the One Big Beautiful Bill Act (OBBBA) will make it beneficial for more taxpayers to itemize deductions on...
by Brian Hare, CPA, CGMA | Jan 28, 2026 | Uncategorized
If you own a business or are self-employed and haven’t already set up a tax-advantaged retirement plan, consider establishing one before you file your 2025 tax return. If you choose a Simplified Employee Pension (SEP), you’ll be able make deductible 2025 contributions...
by Brian Hare, CPA, CGMA | Dec 30, 2025 | Blog, Business, Tax
S corporation structure provides most of the tax benefits of a partnership plus the liability protection of a corporation. But because of the strict requirements that apply to these entities, preserving S corporation status requires due diligence. Reap the benefits...
by Brian Hare, CPA, CGMA | Nov 30, 2025 | Uncategorized
Whether you’re selling your business or acquiring another company, the tax consequences can have a major impact on the transaction’s success or failure. So if you’re thinking about a merger or acquisition, you need to consider the potential tax impact. Asset sale or...
