by Ryan Burke, CPA, MSF | Mar 15, 2023 | Blog, Tax, Uncategorized
Did you make large gifts to your children, grandchildren or other heirs last year? If so, it’s important to determine whether you’re required to file a 2022 gift tax return. And in some cases, even if it’s not required to file one, you may want to do so anyway. Filing...
by Ryan Burke, CPA, MSF | Mar 4, 2023 | Blog, Business, Tax
If you’re buying or replacing a vehicle that you’ll use in your business, be aware that a heavy SUV may provide a more generous tax break this year than you’d get from a smaller vehicle. The reason has to do with how smaller business cars are depreciated for tax...
by Ryan Burke, CPA, MSF | Feb 9, 2023 | Uncategorized
Many businesses in certain industries employ individuals who receive tips as part of their compensation. These businesses include restaurants, hotels and salons. Tip definition: Tips are optional payments that customers make to employees who perform services. They can...
by Ryan Burke, CPA, MSF | Dec 22, 2022 | Blog, Business, Tax, Uncategorized
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2023. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. If you have questions about filing...
by Ryan Burke, CPA, MSF | Dec 16, 2022 | Blog, News, Uncategorized
Since the Biden administration announced its plans for student debt forgiveness in August, it’s been hard to keep up with developments. Currently the plan has been blocked by a federal judge in Texas, and an appeals court in Louisiana. But the Biden administration...
