by Sarah Boehle Pool | Aug 30, 2023 | Latest News
The IRS clarifies what counts as qualified medical expenses If you itemize deductions on your tax return, you may wonder: What medical expenses can I include? The IRS recently issued some frequently asked questions addressing when certain costs are qualified medical...
by Sarah Boehle Pool | Aug 28, 2023 | Latest News
Choosing an entity for your business? How about an S corporation? If you’re starting a business with some partners and wondering what type of entity to form, an S corporation may be the most suitable form of business for your new venture. Here are some of the reasons...
by Sarah Boehle Pool | Aug 24, 2023 | Latest News
Influencer marketing could help your business (or not) Most companies today have some sort of presence on social media as part of their marketing efforts. If you’ve spent any time online as a business owner, you’d probably agree that building a following and getting...
by Sarah Boehle Pool | Aug 23, 2023 | Latest News
There’s a favorable “stepped-up basis” if you inherit property A common question for people planning their estates or inheriting property is: For tax purposes, what’s the “cost” (or “basis”) an individual gets in property that he or she inherits from another? This is...
by Sarah Boehle Pool | Aug 21, 2023 | Latest News
Protect the “ordinary and necessary” advertising expenses of your business Under tax law, businesses can generally deduct advertising and marketing expenses that help keep existing customers and bring in new ones. This valuable tax deduction can help businesses cut...