by Sarah Boehle Pool | Aug 3, 2022 | Latest News
IRA charitable donations: An alternative to taxable required distributions Are you a charitably minded individual who is also taking distributions from a traditional IRA? You may want to consider the tax advantages of making a cash donation to an IRS-approved charity...
by Sarah Boehle Pool | Aug 1, 2022 | Latest News
Businesses may receive notices about information returns that don’t match IRS records The IRS has begun mailing notices to businesses, financial institutions and other payers that filed certain returns with information that doesn’t match the agency’s records. These...
by Sarah Boehle Pool | Jul 28, 2022 | Latest News
Tighten up billing and collections to mitigate economic uncertainties While many economic indicators remain strong, the U.S. economy is still giving business owners plenty to think about. The nation’s gross domestic product unexpectedly contracted in the first quarter...
by Sarah Boehle Pool | Jul 27, 2022 | Latest News
Caring for an elderly relative? You may be eligible for tax breaks Taking care of an elderly parent or grandparent may provide more than just personal satisfaction. You could also be eligible for tax breaks. Here’s a rundown of some of them. 1. Medical expenses. If...
by Sarah Boehle Pool | Jul 25, 2022 | Latest News
The tax mechanics involved in the sale of trade or business property What are the tax consequences of selling property used in your trade or business? There are many rules that can potentially apply to the sale of business property. Thus, to simplify discussion, let’s...
