by Sarah Boehle Pool | Jan 1, 2025 | Latest News
Senior tax-saving alert: Make charitable donations from your IRA If you’ve reached age 70½, you can make cash donations directly from your IRA to IRS-approved charities. These qualified charitable distributions (QCDs) may help you gain tax advantages. QCD basics QCDs...
by Sarah Boehle Pool | Dec 30, 2024 | Latest News
Healthy savings: How tax-smart HSAs can benefit your small business and employees As a small business owner, managing health care costs for yourself and your employees can be challenging. One effective tool to consider adding is a Health Savings Account (HSA). HSAs...
by Sarah Boehle Pool | Dec 26, 2024 | Latest News
Family business focus: Taking it to the next level Family businesses often start out small, with casual operational approaches. However, informal (or nonexistent) policies and procedures can become problematic as such companies grow. Employees may grumble about...
by Sarah Boehle Pool | Dec 23, 2024 | Latest News
When can you deduct business meals and entertainment? You’re not alone if you’re confused about the federal tax treatment of business-related meal and entertainment expenses. The rules have changed in recent years. Let’s take a look at what you can deduct in 2024....
by Sarah Boehle Pool | Dec 19, 2024 | Latest News
3 types of retirement plans for growing businesses When start-ups launch, their focus is often on tightly controlling expenses. Most need to establish a brand and some semblance of stability before funding anything other than essential operating activities. For...
by Sarah Boehle Pool | Dec 18, 2024 | Latest News
Get tax breaks for energy-saving purchases this year because they may disappear The Inflation Reduction Act (IRA), enacted in 2022, created several tax credits aimed at promoting clean energy. You may want to take advantage of them before it’s too late. On the...
