by Sarah Boehle Pool | Oct 12, 2022 | Latest News
How to avoid the early withdrawal tax penalty on IRA distributions When you take withdrawals from your traditional IRA, you probably know that they’re taxable. But there may be a penalty tax on early withdrawals depending on how old you are when you take them and what...
by Sarah Boehle Pool | Oct 10, 2022 | Latest News
Important considerations when engaging in a like-kind exchange A business or individual might be able to dispose of appreciated real property without being taxed on the gain by exchanging it rather than selling it. You can defer tax on your gain through a “like-kind”...
by Sarah Boehle Pool | Oct 6, 2022 | Latest News
How to keep remote sales on point The pandemic has dramatically affected the way people interact and do business. Your company likely undertook various changes to adapt to the initial lockdowns and the ongoing public health guidance over the past two years. An...
by Sarah Boehle Pool | Oct 5, 2022 | Latest News
The kiddie tax: Does it affect your family? Many people wonder how they can save taxes by transferring assets into their children’s names. This tax strategy is called income shifting. It seeks to take income out of your higher tax bracket and place it in the lower tax...
by Sarah Boehle Pool | Oct 3, 2022 | Latest News
The tax obligations if your business closes its doors Sadly, many businesses have been forced to shut down recently due to the pandemic and the economy. If this is your situation, we can assist you, including taking care of the various tax responsibilities that must...
