by Paula Kennedy, EA | Nov 30, 2022 | Blog, Tax
The holiday season is here and many people plan to donate to their favorite charities or give money or assets to their loved ones before the end of the year. Here are the basic tax rules involved in these transactions: Donating to charity In 2022, in order to receive...
by Brian Hare, CPA, CGMA | Jul 28, 2020 | Business, Tax
If you’re a partner in a business, you may have come across a situation that gave you pause. In a given year, you may be taxed on more partnership income than was distributed to you from the partnership in which you’re a partner. Why is this? The answer lies in the...
