Uncategorized

05.31.22

Calculating corporate estimated tax

Articles
Business Owners
Families
Individual Tax & Planning
Business Tax

The next quarterly estimated tax payment deadline is June 15 for individuals and businesses so it’s a good time to review the rules for computing corporate federal estimated payments. You want...

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05.24.22

The ins and outs of Series EE savings bond taxation

Articles
Families
Individual Tax & Planning

Many people own Series E and Series EE bonds that were bought many years ago. They may rarely look at them or think about them except on occasional trips to...

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05.11.22

Could your business benefit from a PEO?

Articles
Business Owners
Advisory

Keeping up with employment regulations and health care benefits can be a struggle for many small to midsize businesses. One potential solution is engaging a professional employer organization (PEO). PEOs...

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05.09.22

Inflation enhances the 2023 amounts for Health Savings Accounts

Articles
Business Owners
Families
Business Tax
Individual Tax & Planning

The IRS recently released guidance providing the 2023 inflation-adjusted amounts for Health Savings Accounts (HSAs). High inflation rates will result in next year’s amounts being increased more than they have...

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05.04.22

Tighten up billing and collections to mitigate economic uncertainties

Articles
Business Owners
Outsourced Accounting

While many economic indicators remain strong, the U.S. economy is still giving business owners plenty to think about. The nation’s gross domestic product unexpectedly contracted in the first quarter of...

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05.03.22

Valuable gifts to charity may require an appraisal

Articles
Families
Family Office
Individual Tax & Planning

If you donate valuable items to charity, you may be required to get an appraisal. The IRS requires donors and charitable organizations to supply certain information to prove their right...

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an accountant and a business owner shaking hands
05.03.22
Dane J. Boeckermann, CPA

Quality of Earnings Report: What Is It & Why Is It Important in M&A Deals?

Blog
Business Owners
Audit & Assurance

Audited financial statements provide a window into the health of a business. But when a business is about to go on the market, the seller and potential buyers should want a...

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05.02.22

Businesses may receive notices about information returns that don’t match IRS records

Articles
Business Owners
Executives
Business Tax
Outsourced Accounting

The IRS has begun mailing notices to businesses, financial institutions and other payers that filed certain returns with information that doesn’t match the agency’s records. These CP2100 and CP2100A notices...

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04.26.22

The tax mechanics involved in the sale of trade or business property

Articles
Business Owners
Business Tax

What are the tax consequences of selling property used in your trade or business? There are many rules that can potentially apply to the sale of business property. Thus, to...

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a photo showing several generations of a family
04.20.22

Inheritance Planning: Preservation Requires Careful Thought and Intentional Action

Newsletter
Families
Retirees
Family Office
Wealth Management

Key Takeaways Acknowledge the emotional attachment that often comes with an inheritance. Allow yourself time to process the event that triggered the financial windfall, and refrain from making major financial...

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