Insights & Resources

Tax Implications for Social Security Benefits: What You Need to Know
2/22/24 10:39 AM

Tax Implications for Social Security Benefits: What You Need to Know

Understanding the nuances of tax laws, especially those pertaining to Social Security benefits taxation, is necessary for accurate tax preparation ...

Tax Planning Nonprofit Tax Compliance Guide
Key Tax Tips for Sole Proprietor Startups
2/22/24 10:38 AM

Key Tax Tips for Sole Proprietor Startups

When launching a small business, many entrepreneurs start out as sole proprietors. If you’re launching a venture as a sole proprietorship, you need ...

Tax Planning Business Advisory Tax Compliance Guide
Child Tax Credit Expansion Bill Advances in House, Senate Decision Pending
2/22/24 10:38 AM

Child Tax Credit Bill Advances in House, Senate Decision Pending

The U.S. House of Representatives on January 31 passed the Tax Relief for American Families and Workers Act of 2024 (H.R. 7024) by a vote of 357 to ...

Tax Planning
Don't Overlook Taxes when Contemplating a Move to Another State
1/24/24 7:19 PM

Don't Overlook Taxes when Contemplating a Move to Another State

When you retire, you may think about moving to another state — perhaps because the weather is more temperate or because you want to be closer to ...

Tax Planning Real Estate and Construction Estate and Succession Planning
Tax Credit Opportunities for Employers of Tipped Employees
1/24/24 7:17 PM

Tax Credit Opportunities for Employers of Tipped Employees

If you’re an employer with a business where tipping is routine when providing food and beverages, you may qualify for a federal tax credit involving ...

Restaurant and Hospitality Tax Planning Tax Compliance
The Importance of Appraisals Beyond Business
1/24/24 7:16 PM

The Importance of Appraisals Beyond Business

Whether you’re in the process of making a retirement or estate plan or you intend to donate property to charity, you’ll need to know the value of ...

Tax Planning Real Estate and Construction Valuation Estate and Succession Planning Guide
11 Exceptions to the 10% Penalty Tax on Early IRA Withdrawals
12/15/23 2:58 PM

11 Exceptions to the 10% Penalty Tax on Early IRA Withdrawals

If you’re facing a serious cash shortfall, one possible solution is to take an early withdrawal from your traditional IRA. That means one before ...

Tax Planning Guide
A Company Car is a Valuable Perk, but Don’t Forget About Taxes
12/15/23 2:58 PM

A Company Car is a Valuable Perk, but Don’t Forget About Taxes

One of the most appreciated fringe benefits for owners and employees of small businesses is the use of a company car. This perk results in tax ...

Tax Planning
The Anatomy of a Client Accounting Services (CAS) Team
12/15/23 2:57 PM

The Anatomy of a Client Accounting Services (CAS) Team

Client Accounting Services (CAS), sometimes referred to as Client Accounting Advisory Services (CAAS), is a specialized field within the accounting ...

Tax Planning