deductions

Unlock Hidden Savings: A Guide to Maximizing Tax Deductions for Small Business Owners

As a small business owner, one of your primary goals should be to maximize your business tax deductions to minimize your liability. Effective tax planning can significantly impact your bottom line, allowing you to reinvest more into your business.
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Long Term Care

Should Employers Offer Long-Term Care Insurance as a Fringe Benefit?

Employers have a wide array of fringe benefits they can offer employees. One to carefully consider is long-term care insurance.
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QSBS

Qualified Small Business Stock: Do You Qualify for Its Taxable Gain Exclusion?

IRC Sec 1202, Qualified Small Business Stock (QSBS) gain exclusion, provides a significant tax planning strategy. Sec 1202 was enacted in 1993 to encourage investment in small businesses. It allows individuals to avoid paying taxes on up to 100% of the taxable gain recognized on the sale of qualified small business stock (QSBS) of a C corporation.
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Donations

Unlock the Secrets: How Political Donations Can Impact Your Taxes

In the intricate world of tax law, political donations occupy a unique space, blending civic engagement with financial implications. As taxpayers consider supporting their preferred political causes or candidates, understanding the tax aspects of these contributions is crucial.
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401(k)

What Employers Can Do About Missing 401(K) Plan Participants

Employers that sponsor 401(k) plans often lose touch with participants who leave their organizations. If this sounds familiar, there are some steps you can take to locate these individuals.
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IRA Beneficiary

Naming Your IRA Beneficiary - More Complicated Than You Might Expect

The decision concerning whom you wish to become your IRA beneficiary is critically important. Click to learn more about what this decision affects.
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Retirement Planning

Embracing Your Next Chapter: A Guide for Retirees Returning to Work

We aim to help you navigate the tax implications, understand changes to retirement accounts, and make informed decisions about your social security income.
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Pet Tax

Purr-fect Savings: The Secrets of Pet Tax Deductions

Did you know there are certain circumstances in which pet owners can claim tax deductions for their furry friends? Find out if you qualify!
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