by Paula Kennedy, EA | Jun 24, 2026 | Uncategorized
Home values have risen significantly in many areas of the country over the last several years, leaving some homeowners with substantial gains when they sell. Of course a large profit is generally a good thing. But, depending on the amount of your gain, how long you’ve...
by Paula Kennedy, EA | Jun 3, 2026 | Uncategorized
Many modern businesses rely heavily on intangible assets, such as goodwill, trademarks, customer lists, proprietary processes and intellectual property. These assets can hold significant value, especially when a business is sold, ownership changes hands, or...
by Paula Kennedy, EA | May 14, 2026 | Uncategorized
Whether you’re relocating for work, retirement, family or lifestyle reasons, state taxes can have a significant financial impact. Taxes vary widely from state to state. And establishing residency for tax purposes may be more complicated than you expect. Before moving,...
by Paula Kennedy, EA | Apr 15, 2026 | Uncategorized
After you’ve filed your 2025 tax return, what’s next? It’s easy to move on to other things, but taking a little time to address some tax-related items now can help you stay organized and avoid issues later. Here are a few to-dos. Check your refund status If you’re...
by Paula Kennedy, EA | Apr 2, 2026 | Uncategorized
If you operate your business as a C corporation, how you put money into your company — and how you take it back out — can have a major impact on your tax bill. Payments from shareholders to fund the business can either be classified as capital contributions (equity)...
