by Sarah Boehle Pool | Dec 18, 2024 | Latest News
Get tax breaks for energy-saving purchases this year because they may disappear The Inflation Reduction Act (IRA), enacted in 2022, created several tax credits aimed at promoting clean energy. You may want to take advantage of them before it’s too late. On the...
by Sarah Boehle Pool | Dec 16, 2024 | Latest News
Self-employment tax: A refresher on how it works If you own a growing, unincorporated small business, you may be concerned about high self-employment (SE) tax bills. The SE tax is how Social Security and Medicare taxes are collected from self-employed individuals like...
by Sarah Boehle Pool | Dec 12, 2024 | Latest News
Business owners: Be sure you’re properly classifying cash flows Properly prepared financial statements provide a wealth of information about your company. But the operative words there are “properly prepared.” Classifying information accurately isn’t always easy —...
by Sarah Boehle Pool | Dec 11, 2024 | Latest News
Unlocking the mystery of taxes on employer-issued nonqualified stock options Employee stock options remain a potentially valuable asset for employees who receive them. For example, many Silicon Valley millionaires got rich (or semi-rich) from exercising stock options...
by Sarah Boehle Pool | Dec 9, 2024 | Latest News
The amount you and your employees can save for retirement is going up slightly in 2025 How much can you and your employees contribute to your 401(k)s or other retirement plans next year? In Notice 2024-80, the IRS recently announced cost-of-living adjustments that...
