Insights

Quick reads on a variety of tax and business topics.
February 10, 2023

Sec 529 College Savings Plan Features and Tax Benefits

A common question parents have is, “How might I save for a child’s post-secondary education in a tax-beneficial way?"

Learn more
February 5, 2023

Planning On Buying a New EV and Claiming a Tax Credit? Better Read This First

The credit for purchasing a new electric vehicle comes with new stringent qualifications.

Learn more
February 1, 2023

Start Off on the Right Foot for the 2023 Tax Year

February newsletter of common tax matters and proposed tax law changes.

Learn more
July 8, 2021

Back-Door Roth IRAs

Many individuals who are saving for retirement favor Roth IRAs over traditional IRAs because Roth IRAs allow for tax-free earnings and distributions.

Learn more
June 28, 2021

Sole Proprietorships – Don’t Overlook the Liability Issues

Sole proprietors are 100% personally liable for all business debts and legal claims.

Learn more
June 22, 2021

Restaurants and Businesses Benefit from Temporary Tax Break

Businesses can deduct 100% of business meals during 2021 and 2022, provided the meals are at a restaurant.

Learn more
February 16, 2021

Be Tax Wise With Your Charitable Contributions

Get Smart. At least when it comes to charitable giving.

Learn more
January 29, 2021

Tax Time is Here! Are You Ready?

Tax time is here, and you are probably facing the ominous chore of compiling records in preparation for your tax appointment.

Learn more
January 29, 2021

2021 Standard Mileage Rates Announced

The standard mileage rates for the use of a car (or a van, pickup or panel truck) have been set beginning on Jan. 1, 2021.

Learn more
January 29, 2021

What Are the Tax Advantages of Home Ownership?

This article looks at the tax benefits and drawbacks of buying, financing, and owning a home.

Learn more
January 28, 2021

5 Ways a Higher Credit Score Could Benefit You in 2021

A higher credit score can have a significant impact on your quality of life!

Learn more
January 28, 2021

IRS Offers New Identity Protection for Taxpayers

New Identity Protection for Taxpayers.

Learn more
January 28, 2021

Four Questions Business Owners Should Consider During the 2020 Tax Season

Four Questions Business Owners Should Consider During the 2020 Tax Season

Learn more
January 27, 2021

Beware: These Tax Return Red Flags Could Catch the Eye of the IRS

The audit process may be avoidable if taxpayers simply understood what we are about to spell out.

Learn more
December 18, 2020

Don’t Miss Out on 2020 Year-End Tax-Planning Opportunities

The Covid-19 pandemic has given 2020 more than the usual tax-planning opportunities.

Learn more
December 2, 2020

The SBA Issues a Simplified PPP Loan-Forgiveness Application

Guidance on getting a PPP loan partially or totally forgiven.

Learn more
November 24, 2020

The 20% bonus deduction is a big deal for small business

The Sec 199A deduction is one of the more complicated pieces of tax legislation ever.

Learn more
August 12, 2020

Top 10 Startup Business Questions Every Entrepreneur Should Answer

Before moving forward with a new business idea, make sure you know the answers to these vital questions.

Learn more
June 8, 2020

U.S. employees working abroad may exclude foreign wages from income

U.S. individuals living and working abroad may be able to exclude foreign salary or wages from income.

Learn more
April 30, 2020

Choice of entity: C or S Corporation?

Choosing the right entity type can maximize business and tax benefits and the wrong choice can prove costly.

Learn more
February 10, 2020

5 secrets to finding What Makes a Great CEO?

Being an effective CEO involves a lot more than just "having a vision" or "barking orders."

Learn more
January 2, 2020

Employees’ Fringe Benefits after Tax Reform

Here is a brief explanation of the changes to employee fringe benefits.

Learn more
February 10, 2023

Sec 529 College Savings Plan Features and Tax Benefits

A common question parents have is, “How might I save for a child’s post-secondary education in a tax-beneficial way?"

February 5, 2023

Planning On Buying a New EV and Claiming a Tax Credit? Better Read This First

The credit for purchasing a new electric vehicle comes with new stringent qualifications.

February 1, 2023

Start Off on the Right Foot for the 2023 Tax Year

February newsletter of common tax matters and proposed tax law changes.

June 22, 2021

Restaurants and Businesses Benefit from Temporary Tax Break

Businesses can deduct 100% of business meals during 2021 and 2022, provided the meals are at a restaurant.

June 28, 2021

Sole Proprietorships – Don’t Overlook the Liability Issues

Sole proprietors are 100% personally liable for all business debts and legal claims.

July 8, 2021

Back-Door Roth IRAs

Many individuals who are saving for retirement favor Roth IRAs over traditional IRAs because Roth IRAs allow for tax-free earnings and distributions.

February 16, 2021

Be Tax Wise With Your Charitable Contributions

Get Smart. At least when it comes to charitable giving.

January 29, 2021

Tax Time is Here! Are You Ready?

Tax time is here, and you are probably facing the ominous chore of compiling records in preparation for your tax appointment.

January 29, 2021

2021 Standard Mileage Rates Announced

The standard mileage rates for the use of a car (or a van, pickup or panel truck) have been set beginning on Jan. 1, 2021.

January 29, 2021

What Are the Tax Advantages of Home Ownership?

This article looks at the tax benefits and drawbacks of buying, financing, and owning a home.

January 28, 2021

5 Ways a Higher Credit Score Could Benefit You in 2021

A higher credit score can have a significant impact on your quality of life!

January 28, 2021

IRS Offers New Identity Protection for Taxpayers

New Identity Protection for Taxpayers.

January 28, 2021

Four Questions Business Owners Should Consider During the 2020 Tax Season

Four Questions Business Owners Should Consider During the 2020 Tax Season

January 27, 2021

Beware: These Tax Return Red Flags Could Catch the Eye of the IRS

The audit process may be avoidable if taxpayers simply understood what we are about to spell out.

January 2, 2020

Employees’ Fringe Benefits after Tax Reform

Here is a brief explanation of the changes to employee fringe benefits.

February 10, 2020

5 secrets to finding What Makes a Great CEO?

Being an effective CEO involves a lot more than just "having a vision" or "barking orders."

November 24, 2020

The 20% bonus deduction is a big deal for small business

The Sec 199A deduction is one of the more complicated pieces of tax legislation ever.

December 2, 2020

The SBA Issues a Simplified PPP Loan-Forgiveness Application

Guidance on getting a PPP loan partially or totally forgiven.

December 18, 2020

Don’t Miss Out on 2020 Year-End Tax-Planning Opportunities

The Covid-19 pandemic has given 2020 more than the usual tax-planning opportunities.

April 30, 2020

Choice of entity: C or S Corporation?

Choosing the right entity type can maximize business and tax benefits and the wrong choice can prove costly.

June 8, 2020

U.S. employees working abroad may exclude foreign wages from income

U.S. individuals living and working abroad may be able to exclude foreign salary or wages from income.

August 12, 2020

Top 10 Startup Business Questions Every Entrepreneur Should Answer

Before moving forward with a new business idea, make sure you know the answers to these vital questions.