The ins and outs of Series EE savings bond taxation
June 1, 2022
Do you own Series EE bonds? Take a look at the issue dates to see if the bonds are no longer earning interest. Here’s some information about how bond interest is taxed.
Partners may have to report more income on tax returns than they receive in cash
May 31, 2022
If you’re involved in a partnership, you likely know it’s taxed differently than a C corporation. In some cases, partners may be taxed on more partnership income than was distributed to them from their partnerships. Here’s why.
How inflation could affect your financial statements
May 27, 2022
Costs are rising at levels we haven’t seen for decades. As you factor the effects of inflation into your financials, it’s important to look beyond the income statement.
How often must a HIPAA Notice of Privacy Practices be updated?
May 25, 2022
Employers: If you’ve made or intend to make changes to your health care plan, be sure to abide by HIPAA’s rules for updating your Notice of Privacy Practices.
IRA charitable donations: An alternative to taxable required distributions
May 24, 2022
Here’s a strategy for older taxpayers who are philanthropically inclined and also take distributions from their traditional IRAs.
Businesses: Prepare for the lower 1099-K filing threshold
May 23, 2022
Starting with the 2022 tax year, filing and receiving 1099-K forms will be much more complicated for many businesses and self-employed individuals.
