by Sarah Boehle Pool | May 1, 2024 | Latest News
Keep these 3 issues in mind after you file your return The tax filing deadline for 2023 tax returns is April 15 this year. If you need more time, you can file for an extension until October 15. In either case, once your 2023 tax return has been successfully filed with...
by Sarah Boehle Pool | Apr 29, 2024 | Latest News
Scrupulous records and legitimate business expenses are the key to less painful IRS audits If you operate a business, or you’re starting a new one, you know records of income and expenses need to be kept. Specifically, you should carefully record expenses to claim all...
by Sarah Boehle Pool | Apr 25, 2024 | Latest News
Should your business change its health care plan for next year? Open enrollment for most health care plans is many months away. That makes now a good time for businesses to consider changing their employer-sponsored coverage for next year, or perhaps to think about...
by Sarah Boehle Pool | Apr 24, 2024 | Latest News
Update on retirement account required minimum distributions If you have a tax-favored retirement account, including a traditional IRA, you’ll become exposed to the federal income tax required minimum distribution (RMD) rules after reaching a certain age. If you...
by Sarah Boehle Pool | Apr 22, 2024 | Latest News
Coordinating Sec. 179 tax deductions with bonus depreciation Your business should generally maximize current year depreciation write-offs for newly acquired assets. Two federal tax breaks can be a big help in achieving this goal: first-year Section 179 depreciation...
