by Sarah Boehle Pool | Nov 24, 2021 | Latest News
Vacation home: How is your tax bill affected if you rent it out? If you’re fortunate enough to own a vacation home, you may want to rent it out for part of the year. What are the tax consequences? The tax treatment can be complex. It depends on how many days it’s...
by Sarah Boehle Pool | Nov 22, 2021 | Latest News
M&A transactions: Be careful when reporting to the IRS Low interest rates and other factors have caused global merger and acquisition (M&A) activity to reach new highs in 2021, according to Refinitiv, a provider of financial data. It reports that 2021 is set...
by Sarah Boehle Pool | Nov 22, 2021 | Latest News
Navigating the tax landscape when donating works of art to charity If you own a valuable piece of art, or other property, you may wonder how much of a tax deduction you could get by donating it to charity. The answer to that question can be complex because several...
by Sarah Boehle Pool | Nov 18, 2021 | Latest News
Think like a lender before applying for a business loan Commercial loans, particularly small business loans, have been in the news over the past year or so. The federal government’s Paycheck Protection Program has been helpful to many companies, though fraught with...
by Sarah Boehle Pool | Nov 17, 2021 | Latest News
The tax score of winning Studies have found that more people are engaging in online gambling and sports betting since the pandemic began. And there are still more traditional ways to gamble and play the lottery. If you’re lucky enough to win, be aware that tax...
by Sarah Boehle Pool | Nov 15, 2021 | Latest News
Tax depreciation rules for business automobiles If you use an automobile in your trade or business, you may wonder how depreciation tax deductions are determined. The rules are complicated, and special limitations that apply to vehicles classified as passenger autos...