2 min read
Hiring independent contractors? Make sure you’re doing it right
Many businesses turn to independent contractors to help manage costs, especially during times of staffing shortages and inflation. If you’re among...
We have prepared a selection of frequently asked questions.
2 min read
Many businesses turn to independent contractors to help manage costs, especially during times of staffing shortages and inflation. If you’re among...
2 min read
Even after your 2024 federal return is submitted, a few nagging questions often remain. Below are quick answers to five of the most common questions...
2 min read
Determining “reasonable compensation” is a critical issue for owners of C corporations and S corporations. If the IRS believes an owner’s...
2 min read
Stock, mutual fund and ETF prices have bounced around lately. If you make what turns out to be an ill-fated investment in a taxable brokerage firm...
2 min read
If you inherit assets after a loved one passes away, they often arrive with a valuable — but frequently misunderstood — tax benefit called the...
2 min read
Suppose you’re thinking about setting up a retirement plan for yourself and your employees. However, you’re concerned about the financial commitment...
2 min read
When we prepare your tax return, we’ll check one of the following filing statuses: single, married filing jointly, married filing separately, head of...
2 min read
For federal income tax purposes, the general rule is that rental real estate losses are passive activity losses (PALs). An individual taxpayer can...
2 min read
Some tax sins are much worse than others. An example is failing to pay over federal income and employment taxes that have been withheld from...
2 min read
Financial statements can fascinate accountants, investors and lenders. However, for business owners, they may not be real page-turners.
2 min read
Suppose your adult child or friend needs to borrow money. Maybe it’s to buy a first home or address a cash flow problem. You may want to help by...
2 min read
Have you ever invested in a company only to see its stock value plummet? (This may become relevant in light of recent market volatility.) While such...
3 min read
When it’s time to consider your business’s future, succession planning can protect your legacy and successfully set up the next generation of leaders...