by Sarah Boehle Pool | Jan 15, 2025 | Latest News
Adoption tax credits: Easing the financial journey of parenthood There are two tax breaks that help eligible parents offset the expenses of adopting a child. In 2025, adoptive parents may be able to claim a credit against their federal tax for up to $17,280 of...
by Sarah Boehle Pool | Jan 9, 2025 | Latest News
The tax treatment of intangible assets Intangible assets, such as patents, trademarks, copyrights and goodwill, play a crucial role in today’s businesses. The tax treatment of these assets can be complex, but businesses need to understand the issues involved. Here are...
by Sarah Boehle Pool | Jan 8, 2025 | Latest News
Your guide to Medicare premiums and taxes Medicare health insurance premiums can add up to big bucks — especially if you’re upper-income, married, and you and your spouse both pay premiums. Read on to understand how taxes fit in. Premiums for Part B coverage Medicare...
by Sarah Boehle Pool | Jan 6, 2025 | Latest News
Drive down your business taxes with local transportation cost deductions Understanding how to deduct transportation costs could significantly reduce the tax burden on your small business. You and your employees likely incur various local transportation expenses each...
by Sarah Boehle Pool | Jan 2, 2025 | Latest News
Businesses need to stay on top of their BYOD policies In one way or another, most small to midsize businesses have addressed employees using personal devices for work. In 2022, online career platform Zippia reported that 83% of companies surveyed had a bring your own...
by Sarah Boehle Pool | Jan 1, 2025 | Latest News
Senior tax-saving alert: Make charitable donations from your IRA If you’ve reached age 70½, you can make cash donations directly from your IRA to IRS-approved charities. These qualified charitable distributions (QCDs) may help you gain tax advantages. QCD basics QCDs...
