by Sarah Boehle Pool | Jul 2, 2020 | Latest News
Does your company have an emergency succession plan? For business owners, succession planning is ideally a long-term project. You want to begin laying out a smooth ownership transition, and perhaps grooming a successor, years in advance. And you shouldn’t officially...
by Sarah Boehle Pool | Jul 1, 2020 | Latest News
Seniors: Can you deduct Medicare premiums? If you’re age 65 and older, and you have basic Medicare insurance, you may need to pay additional premiums to get the level of coverage you want. The premiums can be costly, especially if you’re married and both you and your...
by Sarah Boehle Pool | Jun 29, 2020 | Latest News
Business meal deductions: The current rules amid proposed changes Restaurants and entertainment venues have been hard hit by the novel coronavirus (COVID-19) pandemic. One of the tax breaks that President Trump has proposed to help them is an increase in the amount...
by Sarah Boehle Pool | Jun 25, 2020 | Latest News
Businesses revise sales compensation models during pandemic Economists will look back on 2020 as a year with a distinct before and after. In early March, most companies’ sales projections looked a certain way. Just a few weeks later, those projections had changed...
by Sarah Boehle Pool | Jun 24, 2020 | Latest News
A nonworking spouse can still have an IRA It’s often difficult for married couples to save as much as they need for retirement when one spouse doesn’t work outside the home — perhaps so that spouse can take care of children or elderly parents. In general, an IRA...
by Sarah Boehle Pool | Jun 22, 2020 | Latest News
Rioting damage at your business? You may be able to claim casualty loss deductions The recent riots around the country have resulted in many storefronts, office buildings and business properties being destroyed. In the case of stores or other businesses with...