Understanding taxes on real estate gains
August 14, 2024
If you’re the owner of a pass-through entity, the federal income tax rules for gains from the sale of business real estate or vacant land may be more complicated than you thought. Here’s a look at the issues.
Are you unfairly burdened by a spouse’s tax errors? You may qualify for “innocent spouse relief”
August 13, 2024
“Innocent spouse” relief may be available to a taxpayer who unfairly receives a tax bill that’s attributed to a spouse’s or ex-spouse’s errors. Here’s a rundown of the relief, along with details of two recent court cases.
Take charge of working capital management
August 12, 2024
Here are three practical tips to manage your company’s working capital more efficiently.
Documenting employee disciplinary actions demands attention to detail
August 9, 2024
Employers: If your organization must discipline an employee, it’s important to have a thorough documentation process. You want to not only fix the problem, but also help protect yourself.
The possible tax landscape for businesses in the future
August 6, 2024
The tax landscape for businesses may change significantly in the near future. That’s because provisions in the Tax Cuts and Jobs Act are scheduled to expire and the November elections will be decided. Here are some possible outcomes.
Public policy organization reports increase in restatements
August 5, 2024
Financial restatements may raise a red flag to managers and other stakeholders. But don’t jump to premature conclusions. While some restatements may be serious, many are nothing to worry about.
