by Sarah Boehle Pool | May 9, 2024 | Latest News
A general look at generative AI for businesses If you follow the news, you’ve probably heard a lot about artificial intelligence (AI) and how it’s slowly and steadily expanding into various aspects of our lives. One widely cited example is ChatGPT, an AI “chatbot”...
by Sarah Boehle Pool | May 8, 2024 | Latest News
The pros and cons of turning your home into a rental If you’re buying a new home, you may have thought about keeping your current home and renting it out. In March, average rents for one- and two-bedroom residences were $1,487 and $1,847, respectively, according to...
by Sarah Boehle Pool | May 6, 2024 | Latest News
Don’t have a tax-favored retirement plan? Set one up now If your business doesn’t already have a retirement plan, it might be a good time to take the plunge. Current retirement plan rules allow for significant tax-deductible contributions. For example, if you’re...
by Sarah Boehle Pool | May 2, 2024 | Latest News
Business owners, your financial statements are trying to tell you something Business owners are commonly and rightfully urged to regularly generate financial statements in compliance with Generally Accepted Accounting Principles (GAAP). One reason why is external...
by Sarah Boehle Pool | May 1, 2024 | Latest News
Keep these 3 issues in mind after you file your return The tax filing deadline for 2023 tax returns is April 15 this year. If you need more time, you can file for an extension until October 15. In either case, once your 2023 tax return has been successfully filed with...
by Sarah Boehle Pool | Apr 29, 2024 | Latest News
Scrupulous records and legitimate business expenses are the key to less painful IRS audits If you operate a business, or you’re starting a new one, you know records of income and expenses need to be kept. Specifically, you should carefully record expenses to claim all...