by Sarah Boehle Pool | Dec 1, 2021 | Latest News
You may owe “nanny tax” even if you don’t have a nanny Have you heard of the “nanny tax?” Even if you don’t employ a nanny, it may apply to you. Hiring a house cleaner, gardener or other household employee (who isn’t an independent contractor) may make you liable for...
by Sarah Boehle Pool | Nov 29, 2021 | Latest News
Get your piece of the depreciation pie now with a cost segregation study If your business is depreciating over a 30-year period the entire cost of constructing the building that houses your operation, you should consider a cost segregation study. It might allow you to...
by Sarah Boehle Pool | Nov 24, 2021 | Latest News
Vacation home: How is your tax bill affected if you rent it out? If you’re fortunate enough to own a vacation home, you may want to rent it out for part of the year. What are the tax consequences? The tax treatment can be complex. It depends on how many days it’s...
by Sarah Boehle Pool | Nov 22, 2021 | Latest News
M&A transactions: Be careful when reporting to the IRS Low interest rates and other factors have caused global merger and acquisition (M&A) activity to reach new highs in 2021, according to Refinitiv, a provider of financial data. It reports that 2021 is set...
by Sarah Boehle Pool | Nov 22, 2021 | Latest News
Navigating the tax landscape when donating works of art to charity If you own a valuable piece of art, or other property, you may wonder how much of a tax deduction you could get by donating it to charity. The answer to that question can be complex because several...