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Key Tax Issues in M&A Transactions

Key tax issues in M&A transactions Merger and acquisition activity dropped dramatically last year due to rising interest rates and a slowing economy. The total value of M&A transactions i... Read More »

Accounting aquisition merger small business taxes

Answers to Your Questions About 2023 Limits on Individual Taxes

Many people are more concerned about their 2022 tax bills right now than they are about their 2023 tax situations. That’s understandable because your 2022 individual tax return is due to be f... Read More »

2023 taxes income tax individual taxes tax return

Child Tax Credit: The Rules Keep Changing but It's Still Valuable

If you’re a parent, you may be confused about the rules for claiming the Child Tax Credit (CTC). The rules and credit amounts have changed significantly over the last six years. This tax brea... Read More »

Child Tax Credit individual taxes

There Still May Be Time to Make an IRA Contribution for Last Year

If you’re getting ready to file your 2022 tax return, and your tax bill is higher than you’d like, there may still be an opportunity to lower it. If you’re eligible, you can make ... Read More »

individual taxes IRA SEP tax return

Claiming Losses on Depreciated or Worthless Stock

Have you bought stock in a company that later dropped in value? While you may prefer to forget such an ill-fated investment, at least you can claim a capital loss deduction on your tax return. Here... Read More »

depreciated stock individual taxes tax return worthless stock

U.S. Supreme Court Rules Against the IRS on Critical FBAR Issue

The U.S. Supreme Court recently weighed in on an issue regarding a provision of the Bank Secrecy Act (BSA) that has split two federal courts of appeal. Its 5-4 ruling in Bittner v. U.S. i... Read More »

ETRA tax legislation

Is Your Revocable Trust Fully Funded?

A revocable trust — sometimes known as a “living trust” — can provide significant benefits. They include the ability to avoid probate of the assets the trust holds and facil... Read More »

estate planning living trust revocable trust

To File or Not to File a Gift Tax Return, That Is the Question

If you made gifts last year you may be wondering if you need to file a gift tax return. The short answer: There are many situations when it’s necessary (or desirable) to file Form 709 —... Read More »

estate planning Form 709 gift tax return

Now Hiring: 10 Questions to Ask Bookkeeper Candidates

Are you looking for someone to manage the books and records for your small business? Whether you’re operating a startup or an established business that recently lost its bookkeeper, hiring th... Read More »

Accounting Bookkeeping

Tap Into Specialized Functions in QuickBooks

QuickBooks® provides an all-in-one solution that helps some small and medium-sized businesses manage their finances. While QuickBooks provides the accounting backbone for many companies, it has... Read More »

Accounting Quickbooks