by Sarah Boehle Pool | Sep 19, 2024 | Latest News
Business owners sometimes need to switch successors For many business owners, choosing a successor is the most difficult task related to succession planning. Owners of family-owned businesses, who may have multiple children or other relatives to consider, particularly...
by Sarah Boehle Pool | Sep 18, 2024 | Latest News
Working remotely is convenient, but it may have tax consequences Many employees began working remotely during the pandemic and continue doing so today. Remote work has many advantages for employers and employees, and as a result, it’s here to stay in many industries....
by Sarah Boehle Pool | Sep 16, 2024 | Latest News
Cash or accrual accounting: What’s best for tax purposes? Your businesses may have a choice between using the cash or accrual method of accounting for tax purposes. The cash method often provides significant tax benefits for those that qualify. However, some...
by Sarah Boehle Pool | Sep 11, 2024 | Latest News
Are you unfairly burdened by a spouse’s tax errors? You may qualify for “innocent spouse relief” Navigating the complexities of tax law can be difficult, especially when faced with an unexpected tax bill due to the errors of a spouse or ex-spouse. The reason for such...
by Sarah Boehle Pool | Sep 9, 2024 | Latest News
Understanding taxes on real estate gains Let’s say you own real estate that has been held for more than one year and is sold for a taxable gain. Perhaps this gain comes from indirect ownership of real estate via a pass-through entity such as an LLC, partnership or S...
by Sarah Boehle Pool | Sep 5, 2024 | Latest News
Businesses should stay grounded when using cloud computing For a couple decades or so now, companies have been urged to “get on the cloud” to avail themselves of copious data storage and a wide array of software. But some businesses are learning the hard way that the...