by Brian Hare, CPA, CGMA | Jan 5, 2022 | Tax
Do you want to sell commercial or investment real estate that has appreciated significantly? One way to defer a tax bill on the gain is with a Section 1031 “like-kind” exchange where you exchange the property rather than sell it. With real estate prices up in some...
by Brian Hare, CPA, CGMA | Jan 5, 2022 | Tax
After two years of no increases, the optional standard mileage rate used to calculate the deductible cost of operating an automobile for business will be going up in 2022 by 2.5 cents per mile. The IRS recently announced that the cents-per-mile rate for the business...
by Brian Hare, CPA, CGMA | Jan 5, 2022 | Business
They say we live in an on-demand world, which makes communications a key business element. Right now, many business owners are demanding one thing: more workers. Unfortunately, the labor market is somewhat less than forthcoming. In the so-called “Great Resignation” of...
by Brian Hare, CPA, CGMA | Jan 5, 2022 | Business
Business owners, year end is officially here. It may even be over by the time you read this. (If so, Happy New Year!) In any case, the end of one year and the beginning of another is always an optimal time to look back on the preceding 12 calendar months and ask a...
by Brian Hare, CPA, CGMA | Dec 22, 2021 | Business
As the year winds down, business owners have many calendar months to look back on to determine how successfully their products or services have sold. While reviewing the numbers, think about your people, too. To achieve success in 2022, you’ll need a strong sales team...
