Insights from Your Trusted Financial Partner

Article Highlights: Business Entity Selection Start-Up Cost Elections Organizational Expenses Equipment Depreciation & Expensing Opportunities Vehicle Luxury Auto Rules Leasehold Improvement Expense Options In spite of COVID-19 restrictions many entrepreneurs...

Article Highlights Filing status.  Adjusted gross income (AGI).   Taxable income. Marginal tax rate.  Alternative minimum tax (AMT).  Tax Credits. Underpayment of estimated tax penalty. When discussing taxes, reading tax related...

Article Highlights:  Spousal IRA Compensation Requirements Maximum Contribution Traditional or Roth IRA? One of the fallouts of the COVID-19 pandemic is that millions of people have dropped out of the...

Highlights: Standard Mileage Rates for 2022 Business, Charitable, Medical and Moving Rates Important Considerations for 2022 Switching Between the Actual Expense and Standard Mileage Rate Methods Employer Reimbursements Employee Deductions Suspended...

Is Your QuickBooks company file ready for 2022? Three things you can do to put things in order. Quickbooks Files January is always such a transitional month. You’re trying to...

Article Highlights: 2020 COVID Social Security Tax Deferral Relief  IRS Payment Reminder  Repayment Due Date  How to Make Repayment of the Deferred Amounts As part of the COVID relief provided...