by Sarah Boehle Pool | Nov 23, 2023 | Latest News
A refresher on the trust fund recovery penalty for business owners and executives One might assume the term “trust fund recovery penalty” has something to do with estate planning. It’s important for business owners and executives to know better. In point of fact, the...
by Sarah Boehle Pool | Nov 22, 2023 | Latest News
The tax implications of renting out a vacation home Many Americans own a vacation home or aspire to purchase one. If you own a second home in a waterfront community, in the mountains or in a resort area, you may want to rent it out for part of the year. The tax...
by Sarah Boehle Pool | Nov 16, 2023 | Latest News
Could value-based sales boost your company’s bottom line? If your company sells products or services to other businesses, you’re probably familiar with the challenge of growing your sales numbers. At times, you might even struggle to maintain them. One way to put...
by Sarah Boehle Pool | Nov 15, 2023 | Latest News
Casualty loss tax deductions may help disaster victims in certain cases This year, many Americans have been victimized by wildfires, severe storms, flooding, tornadoes and other disasters. No matter where you live, unexpected disasters may cause damage to your home or...
by Sarah Boehle Pool | Nov 13, 2023 | Latest News
How IRS auditors learn about your business industry Ever wonder how IRS examiners know about different industries so they can audit various businesses? They generally do research about specific industries and issues on tax returns by using IRS Audit Techniques Guides...
by Sarah Boehle Pool | Nov 9, 2023 | Latest News
Is your business subject to the new BOI reporting rules? The Corporate Transparency Act (CTA) was signed into law to fight crimes commonly associated with illegal business activities such as terrorist financing and money laundering. If your business can be defined as...