by Sarah Boehle Pool | Sep 22, 2022 | Latest News
IRS extends relief for physical presence signature requirement Under IRS regulations regarding electronic consents and elections, if a signature must be witnessed by a retirement plan representative or notary public, it must be witnessed “in the physical presence” of...
by Sarah Boehle Pool | Sep 21, 2022 | Latest News
How disability income benefits are taxed If you’ve recently begun receiving disability income, you may wonder how it’s taxed. The answer is: It depends. The key issue is: Who paid for the benefit? If the income is paid directly to you by your employer, it’s taxable to...
by Sarah Boehle Pool | Sep 19, 2022 | Latest News
Businesses will soon be able to deduct more under the standard mileage rate Business owners are aware that the price of gas is historically high, which has made their vehicle costs soar. The average nationwide price of a gallon of unleaded regular gas on June 17 was...
by Sarah Boehle Pool | Sep 15, 2022 | Latest News
Is your cloud provider still meeting your company’s needs? Like many businesses, yours has probably jumped aboard the cloud computing bandwagon … or “skywagon” as the case may be. How’s that going? Some business owners pay little to no attention to a cloud provider...
by Sarah Boehle Pool | Sep 14, 2022 | Latest News
Vehicle expenses: Can individual taxpayers deduct them? It’s not just businesses that can deduct vehicle-related expenses on their tax returns. Individuals also can deduct them in certain circumstances. Unfortunately, under current law, you may not be able to deduct...
by Sarah Boehle Pool | Sep 12, 2022 | Latest News
Is your corporation eligible for the dividends-received deduction? There’s a valuable tax deduction available to a C corporation when it receives dividends. The “dividends-received deduction” is designed to reduce or eliminate an extra level of tax on dividends...
