Key 2024 inflation-adjusted tax amounts for individuals
November 22, 2023 | Megan Kosciolek, MST
The IRS just released the new inflation adjusted tax brackets for individuals. Where do you fall?
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Key 2024 inflation-adjusted tax parameters for small businesses and their owners
November 22, 2023 | Brian Hare, CPA, CGMA
The IRS just announced the 2024 new tax brackets. Where do you fall?
A cost segregation study may cut taxes and boost cash flow
November 15, 2023 | Megan Kosciolek, MST
Read this blog to learn about how a cost segregation study may cut your taxes and boost your cash flow.
Contributing to your employer’s 401(k) plan: How it works
November 1, 2023 | Kimberly Cosens
Does your employer offer a 401(k)? If so, you should read this blog about the benefits of contributing to the plan.
New per diem business travel rates kicked in on October 1
November 1, 2023 | Brian Hare, CPA, CGMA
Read this blog to discover the new per diem business travel rates that kicked in on October 1 2023.
The Social Security wage base for employees and self-employed people is increasing in 2024
October 30, 2023 | Megan Kosciolek, MST
Social Security base is increasing in 2024. Read this blog to find out how this could effect you.
Are scholarships tax-free or taxable?
October 18, 2023 | Jennifer Springer
Ever wonder if your scholarship is tax free? Read this blog to find out what scholarships are tax free and which ones are taxable.
Business automobiles: How the tax depreciation rules work
October 17, 2023 | Kimberly Cosens
Do you use your personal vehicle for business? Read on to discover the tax depreciation rules and how to benefit from them.
The tax implications of renting out a vacation home
October 12, 2023 | Paula Kennedy, EA
Many Americans own a vacation home or aspire to purchase one. If you own a second home in a waterfront community, in the mountains or in a resort area, you may want to rent it out for part of the year. The tax implications of these transactions can be complicated. It depends on how many […]
How IRS auditors learn about your business industry
October 12, 2023 | Emma Harrison
Ever wonder how IRS Auditors learn about your business industry and what to watch out for on your returns? Read on to find out.
What are the tax implications of winning money or valuable prizes?
October 4, 2023 | Emma Harrison
Were you lucky enough to win the lottery or have a good hand in your last poker game? Read on to discover the tax consequences..