Home (Not) Sweet Home (Soboyede, TC Summ. Op. 2021-3, 1/26/21) Your tax home for deducting travel expenses isn’t necessarily the place where you live. It’s the … [Read more...]
What is a work week?
November 24, 2021 by Nicholle Peterson
A workweek is not the same thing as your hours of operation. Rather, it defines the 168-hour period (i.e., seven 24-hour days) in which you track your … [Read more...]
Budget Planning: 4 Red Flags of an Unreliable Budget
November 18, 2021 by Kelly O'Farrell
Every business should prepare an annual budget. Creating a comprehensive, realistic spending plan allows you to identify potential shortages of cash, possible … [Read more...]
Joint Ownership in Estates and Trusts Planning
November 16, 2021 by Jill Hedman
Estate planners generally tout the virtues of owning property jointly — and with good reason. Joint ownership offers several advantages for surviving family … [Read more...]
Competitive Intelligence Can Give Your Marketing Campaigns An Edge
November 12, 2021
It’s understandable and indeed critical to focus a marketing campaign on the strengths and distinctive benefits of the products or services in question. … [Read more...]
Tax-related Provisions of the Infrastructure Investment and Jobs Act
November 12, 2021 by Mitchell Erickson
Almost three months after it passed the U.S. Senate, the U.S. House of Representatives has passed the Infrastructure Investment and Jobs Act (IIJA), better … [Read more...]
Potential Tax Law Changes Hang Over Year-end Tax Planning for Individuals
November 12, 2021 by Jeff Rislov
As if another year of the COVID-19 pandemic wasn’t enough to produce an unusual landscape for year-end tax planning, Congress continues to negotiate the budget … [Read more...]
2022 Social Security Wage Base
November 4, 2021 by Lori Reich
2022 Social Security Wage Base Announced The Social Security Administration (SSA) announced on Wednesday, October 13 that the 2022 social security wage base … [Read more...]
Opportunities and Challenges: Valuation in the Age of COVID-19
October 28, 2021
Valuation and estate planning go hand in hand. After all, the tax implications of various estate planning strategies depend on the value of your assets at the … [Read more...]
Year-End Tax Planning Ideas For Your Business
October 28, 2021 by Jennifer Lownsbury
As 2021 winds down, here are some ideas to consider in order to help manage your small business and prepare for filing your 2021 tax return. Identify all … [Read more...]
