by Sarah Boehle Pool | Mar 15, 2021 | Latest News
Understanding the passive activity loss rules Are you wondering if the passive activity loss rules affect business ventures you’re engaged in — or might engage in? If the ventures are passive activities, the passive activity loss rules prevent you from deducting...
by Sarah Boehle Pool | Mar 11, 2021 | Latest News
Building customers’ trust in your website The events of the past year have taught business owners many important lessons. One of them is that, when a crisis hits, customers turn on their computers and look to their phones. According to one analysis of U.S. Department...
by Sarah Boehle Pool | Mar 10, 2021 | Latest News
Did you make donations in 2020? There’s still time to get substantiation If you’re like many Americans, letters from your favorite charities may be appearing in your mailbox acknowledging your 2020 donations. But what happens if you haven’t received such a letter —...
by Sarah Boehle Pool | Mar 8, 2021 | Latest News
The right entity choice: Should you convert from a C to an S corporation? The best choice of entity can affect your business in several ways, including the amount of your tax bill. In some cases, businesses decide to switch from one entity type to another. Although S...
by Sarah Boehle Pool | Mar 3, 2021 | Latest News
2021 individual taxes: Answers to your questions about limits Many people are more concerned about their 2020 tax bills right now than they are about their 2021 tax situations. That’s understandable because your 2020 individual tax return is due to be filed in less...
by Sarah Boehle Pool | Mar 1, 2021 | Latest News
The easiest way to survive an IRS audit is to get ready in advance IRS audit rates are historically low, according to the latest data, but that’s little consolation if your return is among those selected to be examined. But with proper preparation and planning, you...