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Nov 21, 2023
Choosing a Business Structure
Choosing the best entity for your business is a multi-faceted decision. Here are some things to consider.

Nov 17, 2023
11 Exceptions to the 10% Penalty Tax on Early IRA Withdrawals
If you need cash, you may decide to tap into your IRA. But if you’re not yet 59½, you may have to pay a penalty. Here are the exceptions.

Nov 14, 2023
Failure to Pay Payroll Taxes - Here's an Overview
Failure to pay payroll taxes is a tricky slope that can hold business owners and its leadership team accountable. Here's an overview.

Nov 13, 2023
Contributing to your Employer’s 401(k) Plan
Does your employer offer a 401(k) plan? Here are the basic features of these plans to illustrate why you should strongly consider it.

Nov 7, 2023
Are Scholarships Tax-Free or Taxable?
If your child is fortunate enough to get a scholarship, is the amount taxable income? Read to understand how the scholarship may be taxed.


Nov 6, 2023
The Social Security Wage Base is Set to Increase in 2024
FICA Taxes - amounts above the threshold aren’t subject to tax. The “wage base” for 2024 was recently announced and indicates an increase.

Nov 3, 2023
Facing a Financial Emergency? New Tax Provisions to Withdrawing Money from your IRA or 401K
Next year, employers with certain retirement plans can allow staff members to contribute to pension-linked emergency savings accounts.

Oct 30, 2023
Investment Swings: What are the Tax Impact?
Your yearly investments may have fluctuated this year. Here’s what you need to know about its tax impacts.

Oct 24, 2023
IRS Auditors and the Audit Techniques Guides (ATGs)
IRS examiners use guides called Audit Techniques Guides to prepare for audits in certain industries. You can access the guides at IRS.gov.

Oct 23, 2023
The Tax Implications of Winning Money or Valuable Prizes?
If you gamble or buy lottery tickets and you’re lucky enough to win, congratulations! But be aware there are tax consequences.

Oct 20, 2023
Casualty Loss Tax Deductions
Before the TCJA, eligible casualty loss victims could claim a deduction on their tax returns; however now, there are restrictions. Read More

Oct 13, 2023
The Fringe Benefits Related to Smartphones
Businesses, who offer smartphones to employees for business use may want to consider claiming its usage under fringe benefits.

Oct 4, 2023
How are Mergers & Acquisitions Taxed?
If your business is considering merging with or acquiring another business, it’s important to understand how the transaction will be taxed.

Sep 27, 2023
Running an Unincorporated Business with your Spouse - The Tax Implications and Tax Solutions
Do you and your spouse operate an unincorporated small business together? If so, there are tax implications you will face.

Sep 25, 2023
Tax Consequences to Getting a Divorce
Getting a Divorce? Understand the tax consequences to separating your personal assets.

Sep 18, 2023
Depreciating Business Assets
Understand how your business assets depreciate and are calculated on your 2023 taxes.

Sep 13, 2023
The Tax Rules to Selling your Home for a Big Profit?
If you’re planning to sell your home or you sold one in 2023, be aware of the tax implications.

Sep 6, 2023
Reasons to Hire a CPA
Hiring a CPA for your business is important and a necessary for any business. There are many benefits to working with a CPA.

Aug 28, 2023
Earn more than $10,000 in Cash for your Business? Here’s how to Report it on your Tax Returns.
Do you receive $10,000 in cash, or cash equivalents, for your business? Here's what the IRS says about reporting it.

Aug 23, 2023
Advantages of Using an LLC for your Small Business
You can operate your small business in several ways, but there are advantages of using an LLC. Here they are.
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