Tim WithamMay 4, 20226 minGoing Up the Stairs and Down the ElevatorMarket volatility has always been difficult to stomach. If you get the feeling that this time around feels a little different, you’re on to
Janie EvansMay 4, 20222 minValuable gifts to charity may require an appraisalThere are certain requirements if you donate valuable assets to charity. Here are the requirements for obtaining an appraisal.
Gwen DiMeoMay 3, 20222 minBusinesses may receive notices about information returns that don't match IRS recordsIf your business has independent contractors or makes other payments to customers or others, you probably file 1099 forms with the IRS.
Chris CollinsApr 26, 20222 minThe tax mechanics involved in the sale of trade or business propertyThe tax treatment of the sale of business assets can be complex. Here’s an overview.
Cassady SchillerApr 26, 20222 minWant to turn a hobby into a business? Watch out for the tax rulesWriting, painting, & crafts are just some of the hobbies that taxpayers turn into businesses. Can they deduct losses on their tax returns?
Linden BumpassApr 25, 20222 minLeveraging internal auditsAre you making the most of your internal audit team? Don’t let the skills of internal auditors go underutilized at your organization.
Jamie ApplegateApr 20, 20223 minThinking about converting your home into a rental property?What are the tax consequences if you buy another home but decide to keep your current home and rent it out?
Cassady SchillerApr 18, 20222 minTax considerations when adding a new partner at your businessIf you’re looking for a new partner to add to your partnership, there may be tax challenges ahead.
Nathan OswaldApr 16, 20222 minGoodwill in a bad economyDo you know the rules for reporting acquired goodwill and subsequently testing it for impairment?