When do valuable gifts to charity require an appraisal?
May 14, 2024
If you donate valuable assets to charity and don’t follow certain requirements, the charitable tax deduction may be denied. Here are some answers to questions about how to protect your deductions.
The tax advantages of including debt in a C corporation capital structure
May 13, 2024
There are potential federal income tax advantages when you include debt in the capital structure of a C corporation. Here’s a rundown.
Taxes when you sell an appreciated vacation home
May 1, 2024
If you own a vacation home, perhaps you’re ready to sell it. What are the tax implications? Here are the rules if you sell at a profit.
IRS to employers: Only medical expenses qualify for tax-advantaged accounts
April 25, 2024
Employers: If you sponsor a health FSA, HSA, HRA or MSA, be sure to heed the latest IRS warning about proper administration. Details here.
When businesses may want to take a contrary approach with income and deductions
April 24, 2024
Businesses: Do you expect federal income tax rates to go up, go down or stay the same in the future? If you think your rates could go up, here are some considerations.
6 major payroll taxes every employer should keep an eye on
April 22, 2024
Employers must never lose sight of their payroll tax responsibilities, whether federal, state or local. Here’s a quick review of the six major payroll taxes.
