MONTHLY NEWS
February 1, 2024
If you and your employees will be traveling for business this year, there are many factors to keep in mind. Under the tax law, certain requirements […]
January 1, 2024
If eligible, you can elect to use Section 179 expensing or bonus depreciation to deduct a large portion of the cost (and in some cases the […]
December 1, 2023
Whether you’re operating a new company or an established business, losses can happen. The federal tax code may help soften the blow by allowing businesses to […]
November 1, 2023
Is your business having trouble collecting payments from clients or vendors? You might be able to claim a bad debt deduction on your tax return. But […]
October 1, 2023
The pandemic changed the landscape of work for a lot of people, including the numerous business owners who began running their businesses from their homes. Many […]
September 1, 2023
When a married couple files a joint tax return, each spouse is “jointly and severally” liable for the full amount of tax on the couple’s combined […]
August 1, 2023
To gift or not to gift? It’s a deceptively complex question. The temporary doubling of the gift and estate tax exemption (to an inflation-adjusted $12.92 million […]
July 1, 2023
Family businesses make up a huge percentage of companies in the United States and produce much of the country’s gross domestic product. Often defined as companies […]
June 1, 2023
The volatility in the stock market may have caused the value of your retirement account to decrease. But if you have a traditional IRA invested in […]