by Sarah Boehle Pool | Mar 26, 2018 | Latest News
Defer tax with a Section 1031 exchange, but new limits apply this year Normally when appreciated business assets such as real estate are sold, tax is owed on the appreciation. But there’s a way to defer this tax: a Section 1031 “like kind” exchange. However, the Tax...
by Sarah Boehle Pool | Mar 22, 2018 | Latest News
Building a sales prospect pipeline for your business An old business adage says, “Sales is a numbers game.” In other words, the more potential buyers you face, the better your chances of making sales. This isn’t completely true, of course; success also depends on...
by Sarah Boehle Pool | Mar 21, 2018 | Latest News
Size of charitable deductions depends on many factors Whether you’re claiming charitable deductions on your 2017 return or planning your donations for 2018, be sure you know how much you’re allowed to deduct. Your deduction depends on more than just the actual amount...
by Sarah Boehle Pool | Mar 19, 2018 | Latest News
Make sure repairs to tangible property were actually repairs before you deduct the cost Repairs to tangible property, such as buildings, machinery, equipment or vehicles, can provide businesses a valuable current tax deduction — as long as the so-called repairs...
by Sarah Boehle Pool | Mar 15, 2018 | Latest News
7 ways to prepare your business for sale For some business owners, succession planning is a complex and delicate matter involving family members and a long, gradual transition out of the company. Others simply sell the business and move on. There are many variations...
