by Sarah Boehle Pool | Nov 17, 2021 | Latest News
The tax score of winning Studies have found that more people are engaging in online gambling and sports betting since the pandemic began. And there are still more traditional ways to gamble and play the lottery. If you’re lucky enough to win, be aware that tax...
by Sarah Boehle Pool | Nov 15, 2021 | Latest News
Tax depreciation rules for business automobiles If you use an automobile in your trade or business, you may wonder how depreciation tax deductions are determined. The rules are complicated, and special limitations that apply to vehicles classified as passenger autos...
by Sarah Boehle Pool | Nov 11, 2021 | Latest News
5 questions to ask about your marketing efforts For many small to midsize businesses, spending money on marketing calls for a leap of faith that the benefits will outweigh the costs. Much of the planning process tends to focus on the initial expenses incurred rather...
by Sarah Boehle Pool | Nov 10, 2021 | Latest News
Is a Health Savings Account right for you? Given the escalating cost of health care, there may be a more cost-effective way to pay for it. For eligible individuals, a Health Savings Account (HSA) offers a tax-favorable way to set aside funds (or have an employer do...
by Sarah Boehle Pool | Nov 8, 2021 | Latest News
Claiming a theft loss deduction if your business is the victim of embezzlement A business may be able to claim a federal income tax deduction for a theft loss. But does embezzlement count as theft? In most cases it does but you’ll have to substantiate the loss. A...