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
Read MoreProvide employee parking? Here’s what the IRS wants to know
August 3, 2022 | Brian Hare, CPA, CGMA
Many offices, plants and other business facilities are once again filled with real, live people. And those hard-working employees need somewhere to park. If your company provides parking as a fringe benefit — either on or near your premises or at a location from which employees commute — the IRS may take an interest in […]
6 steps to easing employees’ fears about innovation
August 3, 2022 | Brian Hare, CPA, CGMA
If your business wants to break the mold and roll out an innovation, one of the obstacles you might face is employee resistance. A step-by-step approach can help.
Important considerations when engaging in a like-kind exchange
July 20, 2022 | Megan Kosciolek, MST
Interested in a “like-kind” exchange of real property? Here are the basic rules.
The kiddie tax: Does it affect your family?
July 20, 2022 | Paula Kennedy, EA
Do your children have investment income? They may owe “kiddie tax.” Here are the basic rules.
How to keep remote sales on point
July 20, 2022 | Brian Hare, CPA, CGMA
Many businesses continue to allow or even encourage salespeople to work remotely. Be sure to give your remote sales staff the attention and support they deserve.
The tax obligations if your business closes its doors
July 13, 2022 | Brian Hare, CPA, CGMA
When a business shuts down, there are a number of tax responsibilities that must be met. Unfortunately, because of the pandemic and the economy, many businesses are facing this reality. Here are the basic rules.
Interested in an EV? How to qualify for a powerful tax credit
July 13, 2022 | Ryan Burke, CPA, MSF
Many people are thinking about buying electric vehicles because of their advanced technology, high gas prices and the fact there are more models available today. Along with factors like acceleration and the battery range, check out the federal tax break that may be available.
Weathering the storm of rising inflation
July 13, 2022 | Brian Hare, CPA, CGMA
Business owners: When it rains, it pours. Inflation may be putting a damper on economic optimism, but there are ways to brighten your horizons.
How do taxes factor into an M&A transaction?
July 7, 2022 | Brian Hare, CPA, CGMA
Buying or selling a business may be the most critical transaction you ever make. If your business is considering merging with or acquiring another business, it’s important to understand how the transaction will be taxed under current law. Here are some considerations.
How disability income benefits are taxed
July 7, 2022 | Brian Hare, CPA, CGMA
In some cases, disability income is taxable by the federal government. In other cases, it isn’t. Here are the rules.