by Brian Hare, CPA, CGMA | May 3, 2021 | Business
Many businesses provide education assistance fringe benefits so their employees can improve their skills and gain additional knowledge. An employee can receive, on a tax-free basis, up to $5,250 each year from his or her employer for educational assistance under a...
by Brian Hare, CPA, CGMA | Apr 29, 2021 | Blog
Completing the FAFSA application forms allows you to be considered for financial aid. In addition, states and colleges use FAFSA information to award their own grants, scholarships, and loans. If you do not submit you FAFSA by the required deadlines, you may miss out...
by Brian Hare, CPA, CGMA | Apr 28, 2021 | Business
In a society increasingly conscious of well-being, with the costs of health care benefits remaining high, many businesses have established or are considering employee wellness programs. The Centers for Disease Control and Prevention (CDC) has defined these programs as...
by Brian Hare, CPA, CGMA | Apr 26, 2021 | Tax
Are you wondering whether alternative energy technologies can help you manage energy costs in your business? If so, there’s a valuable federal income tax benefit (the business energy credit) that applies to the acquisition of many types of alternative energy property....
by Brian Hare, CPA, CGMA | Apr 22, 2021 | COVID-19, Tax
In recent months, there have been a number of tax changes that may affect your individual tax bill. Many of these changes were enacted to help mitigate the financial damage caused by COVID-19. Here are two changes that may result in tax savings for you on your 2020 or...