by Sarah Boehle Pool | Mar 13, 2024 | Latest News
Get ready for the 2023 gift tax return deadline Did you make large gifts to your children, grandchildren or others last year? If so, it’s important to determine if you’re required to file a 2023 gift tax return. In some cases, it might be beneficial to file one — even...
by Sarah Boehle Pool | Mar 11, 2024 | Latest News
What’s the best accounting method route for business tax purposes? Businesses basically have two accounting methods to figure their taxable income: cash and accrual. Many businesses have a choice of which method to use for tax purposes. The cash method often provides...
by Sarah Boehle Pool | Mar 7, 2024 | Latest News
3 common forms of insurance fraud (and how businesses can fight back) Businesses of all shapes and sizes are well-advised to buy various forms of insurance to manage operational risks. But insurance itself is far from risk-free. You might overpay for a policy that you...
by Sarah Boehle Pool | Mar 6, 2024 | Latest News
Filing jointly or separately as a married couple: What’s the difference? When you file your tax return, a tax filing status must be chosen. This status is used to determine your standard deduction, tax rates, eligibility for certain tax breaks and your correct tax....
by Sarah Boehle Pool | Mar 4, 2024 | Latest News
9 tax considerations if you’re starting a business as a sole proprietor When launching a small business, many entrepreneurs start out as sole proprietors. If you’re launching a venture as a sole proprietorship, you need to understand the tax issues involved. Here are...
by Sarah Boehle Pool | Feb 29, 2024 | Latest News
Seeing the big picture with an enterprise risk management program There’s no way around it — owning and operating a business comes with risk. On the one hand, operating under excessive levels of risk will likely impair the value of a business, consume much of its...