by Sarah Boehle Pool | Feb 8, 2021 | Latest News
The importance of S corporation basis and distribution elections S corporations can provide tax advantages over C corporations in the right circumstances. This is true if you expect that the business will incur losses in its early years because shareholders in a C...
by Sarah Boehle Pool | Feb 4, 2021 | Latest News
Blockchain beckons businesses … still The term and concept known as “blockchain” is hardly new. This technology surfaced more than a decade ago. Bitcoin, the relatively well-known form of cryptocurrency, has gotten much more attention than blockchain itself, which is...
by Sarah Boehle Pool | Feb 3, 2021 | Latest News
Educate yourself about the revised tax benefits for higher education Attending college is one of the biggest investments that parents and students ever make. If you or your child (or grandchild) attends (or plans to attend) an institution of higher learning, you may...
by Sarah Boehle Pool | Feb 1, 2021 | Latest News
The new Form 1099-NEC and the revised 1099-MISC are due to recipients soon There’s a new IRS form for business taxpayers that pay or receive certain types of nonemployee compensation and it must be furnished to most recipients by February 1, 2021. After sending the...
by Sarah Boehle Pool | Jan 28, 2021 | Latest News
Need another PPP loan for your small business? Here are the new rules Congress recently passed, and President Trump signed, a new law providing additional relief for businesses and individuals during the COVID-19 pandemic. One item of interest for small business...
