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...
by Brian Hare, CPA, CGMA | Apr 22, 2021 | Business
With so many employees working remotely these days, engaging in competitive intelligence has never been easier. The Internet as a whole, and social media specifically, create a data-rich environment in which you can uncover a wide variety of information on what your...
by Brian Hare, CPA, CGMA | Apr 19, 2021 | Business
Owners of incorporated businesses know that there’s a tax advantage to taking money out of a C corporation as compensation rather than as dividends. The reason: A corporation can deduct the salaries and bonuses that it pays executives reasonable compensation, but not...
by Brian Hare, CPA, CGMA | Apr 14, 2021 | Business
Are you thinking about setting up a retirement savings plan for yourself and your employees, but you’re worried about the financial commitment and administrative burdens involved in providing a traditional pension plan? Two options to consider are a “simplified...
