August 22, 2022
Do you own a successful small business with no employees and want to set up a retirement plan? Or do you want to upgrade from a […]
August 15, 2022
The Inflation Reduction Act includes wide-ranging tax provisions The U.S. Senate and House of Representatives have passed the Inflation Reduction Act (IRA). President Biden is expected […]
August 11, 2022
As you’re aware, certain employers are required to report information related to their employees’ health coverage. Does your business have to comply, and if so, what […]
August 5, 2022
CHIPS Act poised to boost U.S. businessesThe Creating Helpful Incentives to Produce Semiconductors for America Act (CHIPS Act) was recently passed by Congress as part of […]
August 2, 2022
Sometimes, bigger isn’t better: Your small- or medium-sized business may be eligible for some tax breaks that aren’t available to larger businesses. Here are some examples. […]
July 21, 2022
A business or individual might be able to dispose of appreciated real property without being taxed on the gain by exchanging it rather than selling it. […]
July 20, 2022
There are many rules that can potentially apply to the sale of business property. Thus, to simplify discussion, let’s assume that the property you want to […]
July 18, 2022
Sadly, many businesses have been forced to shut down recently due to the pandemic and the economy. If this is your situation, we can assist you, […]
July 14, 2022
Starting in November 2021, Philadelphia began switching to a new tax system that allows taxpayers to manage their taxes online. The new Philadelphia Tax Center is […]
July 7, 2022
It’s not just businesses that can deduct vehicle-related expenses on their tax returns. Individuals also can deduct them in certain circumstances. Unfortunately, under current law, you […]
July 5, 2022
If you run a business and accept payments through third-party networks such as Zelle, Venmo, Square or PayPal, you could be affected by new tax reporting […]
June 28, 2022
As a result of the current estate tax exemption amount ($12.06 million in 2022), many people no longer need to be concerned with federal estate tax. […]