by Sarah Boehle Pool | Nov 3, 2021 | Latest News
Selling a home: Will you owe tax on the profit? Many homeowners across the country have seen their home values increase recently. According to the National Association of Realtors, the median price of homes sold in July of 2021 rose 17.8% over July of 2020. The median...
by Sarah Boehle Pool | Nov 1, 2021 | Latest News
Want to find out what IRS auditors know about your business industry? In order to prepare for a business audit, an IRS examiner generally does research about the specific industry and issues on the taxpayer’s return. Examiners may use IRS “Audit Techniques Guides...
by Sarah Boehle Pool | Oct 28, 2021 | Latest News
IRS additional guidance addresses COBRA assistance under ARPA In Notice 2021-46, the IRS recently issued additional guidance on the COBRA premium assistance provisions of the American Rescue Plan Act (ARPA). Under the ARPA, a 100% COBRA premium subsidy and additional...
by Sarah Boehle Pool | Oct 27, 2021 | Latest News
You can only claim a casualty loss tax deduction in certain situations In recent weeks, some Americans have been victimized by hurricanes, severe storms, flooding, wildfires and other disasters. No matter where you live, unexpected disasters may cause damage to your...
by Sarah Boehle Pool | Oct 25, 2021 | Latest News
Getting a divorce? Be aware of tax implications if you own a business If you’re a business owner and you’re getting a divorce, tax issues can complicate matters. Your business ownership interest is one of your biggest personal assets and in many cases, your marital...
by Sarah Boehle Pool | Oct 21, 2021 | Latest News
Is your business underusing its accounting software? Someone might have once told you that human beings use only 10% of our brains. The implication is that we have vast, untapped stores of cerebral power waiting to be discovered. In truth, this is a myth widely...
