by Sarah Boehle Pool | May 7, 2025 | Latest News
Discover if you qualify for “head of household” tax filing status When we prepare your tax return, we’ll check one of the following filing statuses: single, married filing jointly, married filing separately, head of household or qualifying widow(er). Only some people...
by Sarah Boehle Pool | May 5, 2025 | Latest News
Are you a tax-favored real estate professional? For federal income tax purposes, the general rule is that rental real estate losses are passive activity losses (PALs). An individual taxpayer can generally deduct PALs only to the extent of passive income from other...
by Sarah Boehle Pool | May 1, 2025 | Latest News
Business owners should get comfortable with their financial statements Financial statements can fascinate accountants, investors and lenders. However, for business owners, they may not be real page-turners. The truth is each of the three parts of your financial...