by Sarah Boehle Pool | Sep 10, 2020 | Latest News
Take a fresh look at your company’s brand A strong, discernible brand is important for every business. Even a company that never undertakes a formal branding effort will, over time, establish a brand through its communications with customers and interactions with the...
by Sarah Boehle Pool | Sep 9, 2020 | Latest News
Take advantage of a “stepped-up basis” when you inherit property If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for tax purposes. Fair market value rules Under the fair market value basis rules (also...
by Sarah Boehle Pool | Sep 7, 2020 | Latest News
Even if no money changes hands, bartering is a taxable transaction During the COVID-19 pandemic, many small businesses are strapped for cash. They may find it beneficial to barter for goods and services instead of paying cash for them. If your business gets involved...
by Sarah Boehle Pool | Sep 3, 2020 | Latest News
5 common accounting software mistakes to avoid No company can afford to operate without the right accounting software. When considering whether to buy a new product or upgrade their current solutions, however, business owners often fall prey to some common mistakes....
by Sarah Boehle Pool | Sep 2, 2020 | Latest News
More parents may owe “nanny tax” this year, due to COVID-19 In the COVID-19 era, many parents are hiring nannies and babysitters because their daycare centers and summer camps have closed. This may result in federal “nanny tax” obligations. Keep in mind that the nanny...
by Sarah Boehle Pool | Aug 31, 2020 | Latest News
The possible tax consequences of PPP loans If your business was fortunate enough to get a Paycheck Protection Program (PPP) loan taken out in connection with the COVID-19 crisis, you should be aware of the potential tax implications. PPP basics The Coronavirus Aid,...
