by Sarah Boehle Pool | Aug 5, 2020 | Latest News
If you’re selling your home, don’t forget about taxes Traditionally, spring and summer are popular times for selling a home. Unfortunately, the COVID-19 crisis has resulted in a slowdown in sales. The National Association of Realtors (NAR) reports that existing home...
by Sarah Boehle Pool | Aug 3, 2020 | Latest News
Good records are the key to tax deductions and trouble-free IRS audits If you operate a small business, or you’re starting a new one, you probably know you need to keep records of your income and expenses. In particular, you should carefully record your expenses in...
by Sarah Boehle Pool | Jul 30, 2020 | Latest News
Re-evaluate your company’s competitiveness in a changed economy Just about every business owner’s strategic plans for 2020 look far different now than they did heading into the year. The COVID-19 pandemic has changed the economy in profound ways, forcing many...
by Sarah Boehle Pool | Jul 29, 2020 | Latest News
Conduct a “paycheck checkup” to make sure your withholding is adequate Did you recently file your federal tax return and were surprised to find you owed money? You might want to change your withholding so that this doesn’t happen next year. You might even want to do...
by Sarah Boehle Pool | Jul 27, 2020 | Latest News
Businesses: Get ready for the new Form 1099-NEC There’s a new IRS form for business taxpayers that pay or receive nonemployee compensation. Beginning with tax year 2020, payers must complete Form 1099-NEC, Nonemployee Compensation, to report any payment of $600 or...