Get tax breaks for energy-saving purchases this year because they may disappear
November 22, 2024 | Ryan Burke, CPA, MSF
This may be the last year to get tax breaks for energy saving purchases. Read the blog to find out more
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2023 – 01/23 – Forms W-2 and 1099-NEC are due to be filed soon
January 23, 2023 | Jennifer Springer
Deadline for 1099-NEC and W-2 Forms is coming up!
Tax-saving ways to help pay for college — once your child starts attending
January 23, 2023 | Akila Sivakumar
Don’t worry even if you didn’t save for college there are still ways to save money on your taxes once your children or grand children are attending.
How the new SECURE 2.0 law may affect your business
January 23, 2023 | Paula Kennedy, EA
SECURE 2.0 Act may affect your small business and your employees.
Tax-wise ways to save for college
January 17, 2023 | Megan Kosciolek, MST
If you are ready to start saving for your child’s or grandchild’s college read this blog to learn the best Tax-wise ways to save.
SECURE 2.0 law may make you more secure in retirement
January 11, 2023 | Paula Kennedy, EA
How the SECURE 2.0 LAW effects you and what you need to know to have a more secure retirement.
The standard business mileage rate is going up in 2023
January 11, 2023 | Akila Sivakumar
Read on to see how much the new standard business mileage rate will be for 2022 Business tax returns and how to use it.
How to minimize the S corporation LIFO recapture tax
January 10, 2023 | Brian Hare, CPA, CGMA
If you’re considering converting your C corporation to an S corporation, be aware that there may be tax implications if you’ve been using the last in, first out (LIFO) inventory method. That’s because of the LIFO recapture income that will be triggered by converting to S corporation status. We can meet to compute what the […]
Renting to a relative? Watch out for tax traps
January 7, 2023 | Megan Kosciolek, MST
If you own a home and rent it to a relative, you may be surprised to find out there could be tax consequences. Quick rundown of the rules Renting out a home or apartment that you own may result in a tax loss for you, even if the rental income is more than your operating […]
Setting a Buyout Price for Your Dental Practice
January 5, 2023 | Emma Harrison
Do you know the value of your dental practice? How would you go about setting a buyout price? Practice valuation is not an exact science. There are a variety of approaches and multiple factors to consider. If you are thinking about selling your practice in 2-5 years, it’s important to start preparing now. Here are […]
Save for retirement by getting the most out of your 401(k) plan
December 28, 2022 | Paula Kennedy, EA
Tips on how to get the most out of your 401(K) Plan