Small business strategy: A heavy vehicle plus a home office equals tax savings
January 16, 2025 | Jennifer Springer
Read this blog to find out how to get the tax savings from having a home office and a heavy vehicle.
Read MoreClaiming losses on depreciated or worthless stock
March 9, 2023 | Paula Kennedy, EA
What to do if you have depreciated or worthless stock.
Protect the “ordinary and necessary” advertising expenses of your business
March 9, 2023 | Brian Hare, CPA, CGMA
Under tax law, businesses can generally deduct advertising and marketing expenses that help keep existing customers and bring in new ones
Buying a new business vehicle? A heavy SUV is a tax-smart choice
March 4, 2023 | Ryan Burke, CPA, MSF
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.
Awarded money in a lawsuit or settlement? It’s only tax-free in certain circumstances
March 4, 2023 | Megan Kosciolek, MST
You generally must pay federal tax on all income you receive but there are some exceptions when you can exclude it.
Accountant and CPA Shortage – A Slow Moving Crisis that Needs Immediate Action
February 28, 2023 | Skyler McCurry
Understanding the reasoning behind the accountant shortage and what firms are trying to do to turn it around.
Do you run a business from home? You may be able to deduct home office expenses
February 22, 2023 | Brian Hare, CPA, CGMA
Running a business from home may have it’s perks when it comes to deductions on your tax returns. Read this blog to find out.
There still may be time to make an IRA contribution for last year
February 22, 2023 | Emma Harrison
There is still time to make an IRA contribution for last year to help reduce your tax bill.
Have employees who receive tips? Here are the tax implication
February 9, 2023 | Ryan Burke, CPA, MSF
How to claim your tips on your tax returns and your employer requirements to sending you the correct form.
Answers to your questions about 2023 limits on individual taxes
February 9, 2023 | Paula Kennedy, EA
What you need to know about the changes for 2023 tax limits that may affect you this year.
Why Networking Internally is Worth It
February 3, 2023 | Jennifer Springer
Read this blog to understand why it is important to network internally and form relationships with co-workers.