by Sarah Boehle Pool | Aug 24, 2022 | Latest News
Social Security benefits: Do you have to pay tax on them? Some people who begin claiming Social Security benefits are surprised to find out they’re taxed by the federal government on the amounts they receive. If you’re wondering whether you’ll be taxed on your Social...
by Sarah Boehle Pool | Aug 22, 2022 | Latest News
Partners may have to report more income on tax returns than they receive in cash Are you a partner in a business? You may have come across a situation that’s puzzling. In a given year, you may be taxed on more partnership income than was distributed to you from the...
by Sarah Boehle Pool | Aug 18, 2022 | Latest News
Dodge the tumult with a buy-sell agreement Businesses with multiple owners generally benefit from a variety of viewpoints, diverse experience and strategic areas of specialization. However, there’s a major risk: the company can be thrown into tumult if one of the...
by Sarah Boehle Pool | Aug 17, 2022 | Latest News
Is it a good time for a Roth conversion? The downturn in the stock market may have caused the value of your retirement account to decrease. But if you have a traditional IRA, this decline may provide a valuable opportunity: It may allow you to convert your traditional...
by Sarah Boehle Pool | Aug 15, 2022 | Latest News
Businesses: Prepare for the lower 1099-K filing threshold Businesses should be aware that they may be responsible for issuing more information reporting forms for 2022 because more workers may fall into the required range of income to be reported. Beginning this year,...
by Sarah Boehle Pool | Aug 11, 2022 | Latest News
Supply chain software can help digitize the dilemma It’s a dilemma that’s been in the news and on business owners’ minds for a while now. The COVID-19 pandemic, along with other world events, have strained supply chains both global and national. And, throwing gasoline...