by Sarah Boehle Pool | Sep 16, 2024 | Latest News
Cash or accrual accounting: What’s best for tax purposes? Your businesses may have a choice between using the cash or accrual method of accounting for tax purposes. The cash method often provides significant tax benefits for those that qualify. However, some...
by Sarah Boehle Pool | Sep 11, 2024 | Latest News
Are you unfairly burdened by a spouse’s tax errors? You may qualify for “innocent spouse relief” Navigating the complexities of tax law can be difficult, especially when faced with an unexpected tax bill due to the errors of a spouse or ex-spouse. The reason for such...
by Sarah Boehle Pool | Sep 9, 2024 | Latest News
Understanding taxes on real estate gains Let’s say you own real estate that has been held for more than one year and is sold for a taxable gain. Perhaps this gain comes from indirect ownership of real estate via a pass-through entity such as an LLC, partnership or S...
by Sarah Boehle Pool | Sep 5, 2024 | Latest News
Businesses should stay grounded when using cloud computing For a couple decades or so now, companies have been urged to “get on the cloud” to avail themselves of copious data storage and a wide array of software. But some businesses are learning the hard way that the...
by Sarah Boehle Pool | Sep 4, 2024 | Latest News
Do you owe estimated taxes? If so, when is the next one due? Federal estimated tax payments are designed to ensure that certain individuals pay their fair share of taxes throughout the year. If you don’t have enough federal tax withheld from your paychecks and other...