by Megan Kosciolek, MST | Aug 19, 2023 | Business, Tax
Does your business receive large amounts of cash or cash equivalents? If so, you’re generally required to report these transactions to the IRS — and not just on your tax return. The requirements Each person who, in the course of operating a trade or business, receives...
by Megan Kosciolek, MST | Aug 19, 2023 | Tax
The federal student loan “pause” is coming to an end on August 31 after more than three years. If you have student loan debt, you may wonder whether you can deduct the interest you pay on your tax return. The answer may be yes, subject to certain limits. The deduction...
by Megan Kosciolek, MST | Aug 4, 2023 | Tax
More than a million Americans live in nursing homes, according to various reports. If you have a parent entering one, you’re probably not thinking about taxes. But there may be tax consequences. Let’s take a look at five possible tax breaks. 1. Long-term medical care...
by Megan Kosciolek, MST | Aug 1, 2023 | Tax
Government officials saw a large increase in the number of new start-up businesses launched during the COVID-19 pandemic. And the U.S. Census Bureau reports that business applications are still increasing slightly (up 0.4% from April 2023 to May 2023). The Bureau...
by Megan Kosciolek, MST | Jun 22, 2023 | Blog, Business, News, Tax
Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2023. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re...
