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Business professional eating a meal together
11.25.24

When can you deduct business meals and entertainment?

Articles
Business Tax

You’re not alone if you’re confused about the federal tax treatment of business-related meal and entertainment expenses. The rules have changed in recent years. Let’s take a look at what...

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A couple looking at their home
11.22.24
Ross Gobel

Inheriting a Home: Should You Sell, Rent, or Keep It?

Blog
Young Inheritors
Wealth Management

Receiving a home as an inheritance comes with a mix of opportunity and complexity. Often, inherited properties come with ongoing tasks and emotional connections. When considering selling, renting, or keeping...

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Tax professional working at their desk together with a calculator
11.22.24

Businesses can still cut their 2024 taxes

Articles
Business Owners
Business Tax

President-Elect Trump will take power early next year along with a unified GOP Congress. However, it’s still unknown how the tax landscape will change in the coming years. The good...

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A graphic showing December 31 spelled out with blocks
11.20.24
Jon T. Meyer, CFP®

I Wish I’d Met You in December

Blog
Individual Tax & Planning
Wealth Management

Key Takeaway: Too often, I meet people in January who, if I had met in December, could have had a better outcome. The change in the tax year from December...

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A home with solar panels on its roof
11.19.24

Get tax breaks for energy-saving purchases this year because they may disappear

Articles
Individual Tax & Planning

The Inflation Reduction Act (IRA), enacted in 2022, created several tax credits aimed at promoting clean energy. You may want to take advantage of them before it’s too late. On the...

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a line of heavy farming machinery
11.19.24
Nathan B. Panning, CPA

Tax Considerations for Purchasing Equipment Before Year-End: A Strategic Guide for 2024

Blog
Business Owners
Business Tax

As the end of the year approaches, many business owners start thinking about ways to reduce their tax liabilities for the current tax year. One common strategy is purchasing new...

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Skyscrapers
11.19.24
Elizabeth Mylan

Piercing America’s Corporate Veil: A Historic Look at U.S. Anti-Money Laundering and Combating Terrorist Financing Legislation

Blog
Beneficial Ownership Information Filing (BOI)
Business Tax

The concept of the Corporate Veil is anchored in the principle of limited liability and has been a cornerstone of corporate law for centuries. Originating in English common law, this...

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Tax 2024
11.18.24

It’s not too late to trim your 2024 taxes

Articles
Individual Tax & Planning

As the end of the year draws near, savvy taxpayers look for ways to reduce their tax bills. This year, the sense of urgency is higher for many because of...

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The white house
11.14.24

Now what? Assessing the likely tax impacts of the 2024 election

Articles
Business Tax
Individual Tax & Planning

President-Elect Donald Trump will return to the White House in 2025 — a year that already was expected to see significant activity on the federal tax front. A projected unified...

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A graphic showing the words Statement of Cash flow connected to important relationships
11.13.24

Business owners: Be sure you’re properly classifying cash flows

Articles
Business Owners
Audit & Assurance

Properly prepared financial statements provide a wealth of information about your company. But the operative words there are “properly prepared.” Classifying information accurately isn’t always easy — especially as the...

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