by Sarah Boehle Pool | May 31, 2023 | Latest News
The tax rules for donating artwork to charity If you’re an art collector, you may wonder about the tax breaks available for donating a work of art to charity. Several different tax rules may come into play in connection with such contributions. Basic rules Your...
by Sarah Boehle Pool | May 29, 2023 | Latest News
Buying a new business vehicle? A heavy SUV is a tax-smart choice If you’re buying or replacing a vehicle that you’ll use in your business, be aware that a heavy SUV may provide a more generous tax break this year than you’d get from a smaller vehicle. The reason has...
by Sarah Boehle Pool | May 25, 2023 | Latest News
Sailing a steady ship in today’s interesting economy Business owners: If you’re having trouble reading the U.S. economy, you’re not alone. On the one hand, the January 2023 jobs report revealed that the unemployment rate had fallen to 3.4%, its lowest level in 54...
by Sarah Boehle Pool | May 24, 2023 | Latest News
Some taxpayers qualify for more favorable “head of household” tax filing status When preparing your tax return, we’ll check one of the following statuses: Single, married filing jointly, married filing separately, head of household or qualifying widow(er). Filing a...
by Sarah Boehle Pool | May 22, 2023 | Latest News
Do you run a business from home? You may be able to deduct home office expenses Many people began working from home during the COVID-19 pandemic — and many still work from their home offices either all the time or on a hybrid basis. If you’re self-employed and run...