by Brian Hare, CPA, CGMA | Jul 25, 2019 | Tax
You may have heard about a proposal in Washington to cut the taxes paid on investments by indexing capital gains to inflation. Under the proposal, the purchase price of assets would be adjusted so that no tax is paid on the appreciation due to inflation. While the...
by Brian Hare, CPA, CGMA | Jul 25, 2019 | Business
Does your business market its products or services to other companies? Or might it start doing so in the future? If so, it’s critical to recognize the key differences between marketing to the public — or even certain segments of the public — and business-to-business...
by Brian Hare, CPA, CGMA | Jul 24, 2019 | Business, Tax
If you’re considering buying or selling a business — or you’re in the process of a merger or acquisition — it’s important that both parties report the transaction to the IRS in the same way. Otherwise, you may increase your chances of being audited. If a sale involves...
by Brian Hare, CPA, CGMA | Jul 24, 2019 | Tax
If you’re a volunteer who works for charity, you may be entitled to some tax breaks if you itemize deductions on your tax return. Unfortunately, they may not amount to as much as you think your generosity is worth. Because donations to charity of cash or property...
by Brian Hare, CPA, CGMA | Jul 24, 2019 | Business
Accounting software typically sells itself as much more than simple spreadsheet or ledger. The products tend to pride themselves on being comprehensive accounting information systems — depending on the price point, of course. So, is your accounting software living up...