by Sarah Boehle Pool | Feb 8, 2024 | Latest News
Perform an operational review to see how well your business is running In the wide, wide world of mergers and acquisitions (M&A), most business buyers conduct thorough due diligence before closing their deals. This usually involves carefully investigating the...
by Sarah Boehle Pool | Feb 7, 2024 | Latest News
The kiddie tax could affect your children until they’re young adults The so-called “kiddie tax” can cause some of a child’s unearned income to be taxed at the parent’s higher marginal federal income tax rates instead of at the usually much lower rates that a child...
by Sarah Boehle Pool | Feb 5, 2024 | Latest News
Does your business have employees who get tips? You may qualify for a tax credit If you’re an employer with a business where tipping is routine when providing food and beverages, you may qualify for a federal tax credit involving the Social Security and Medicare...
by Sarah Boehle Pool | Feb 1, 2024 | Latest News
How businesses can get better at data capture It would be hard to argue against the notion that almost every kind of business today is data-driven. Without the information you need to run your company — be it financial metrics, marketing demographics or productivity...
by Sarah Boehle Pool | Jan 31, 2024 | Latest News
It’s possible (but not easy) to claim a medical expense tax deduction One of your New Year’s resolutions may be to pay more attention to your health. Of course, that may cost you. Can you deduct your out-of-pocket medical costs on your tax return? It depends. Many...
by Sarah Boehle Pool | Jan 29, 2024 | Latest News
Defer a current tax bill with a like-kind exchange If you’re interested in selling commercial or investment real estate that has appreciated significantly, one way to defer a tax bill on the gain is with a Section 1031 “like-kind” exchange. With this transaction, you...
