by Megan Kosciolek, EA, MST | Oct 7, 2026 | Uncategorized
IRS audit rates remain relatively low, but that’s little consolation if the IRS selects your return for an examination. Although most taxpayers will never face an audit, business owners often have more complex tax situations that can attract IRS attention. The good...
by Megan Kosciolek, EA, MST | Sep 16, 2026 | Uncategorized
Executives and key employees often receive stock-based compensation in addition to salaries and bonuses. If restricted stock is part of your compensation, considering the potential tax consequences well before December 31 is a good idea. You may have decisions to make...
by Megan Kosciolek, EA, MST | Sep 2, 2026 | Uncategorized
Many individuals invest in real estate to help diversify their portfolio, create an income stream for themselves from rental income and build net worth over time. Often, this is a side activity to a career in another field or running another type of business — not the...
by Megan Kosciolek, EA, MST | Aug 5, 2026 | Uncategorized
A higher education is expensive, and many parents spend years saving up. Others haven’t had the financial bandwidth to save or have hit unexpected financial roadblocks along the way. Regardless of your situation, current tax breaks may be available to you (or to your...
by Megan Kosciolek, EA, MST | Jul 15, 2026 | Uncategorized
It’s easy to focus on the excitement of a big win. But federal tax law generally treats lottery prizes, gambling winnings and other awards as taxable income. Knowing the basic rules can help you avoid surprises when you file your 2026 return next year. Lottery Prizes...
