10.19.22
Beware of “Wash Sales” When Selling Securities
If you’re planning to sell capital assets at a loss to offset gains you realized during the year, beware of the “wash sale” rule. Under…
10.19.22
Check Kiting Is No Small Matter
A check kiting scheme relies on “float” time, which is the period between when a check is deposited and when the bank collects the funds…
10.19.22
Renting Out Your Vacation Home? Know the Tax Implications
If you’re fortunate enough to own a vacation home, you may want to rent it out when you’re not using it. But how might that…
10.11.22
Lost Your Tax-exempt Status? Here’s How To Regain It
So you forgot to file your not-for-profit’s Form 990, 990-EZ or 990-N with the IRS. It can happen — particularly with newer organizations that are…
9.30.22
2022 Q4 Tax Calendar: Key Deadlines for Businesses and Other Employers
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2022. Keep in mind that this list…
9.30.22
Inflation Reduction Act Expands Valuable R&D Payroll Tax Credit
When President Biden signed the Inflation Reduction Act (IRA) into law in August, most of the headlines covered the law’s climate change and health care…
9.19.22
Year-end Tax Planning Ideas for Your Small Business
Now that Labor Day has passed, it’s a good time to think about making moves that may help lower your small business taxes for this…
9.14.22
Using AR to Enhance Manufacturing Processes
Rarely used as recently as five or six years ago, augmented reality (AR) has emerged as a technology with the potential to transform manufacturing. Unlike…
9.14.22
Don’t Overlook Tax Considerations When Selling Your Manufacturing Business
If you’re contemplating selling your manufacturing business, be sure you understand the tax implications. The way that your business (as well as the transaction) is…
9.14.22
Manufacturers: Take Note of Key Tax Provisions of the CHIPS Act
The Creating Helpful Incentives to Produce Semiconductors for America Act (CHIPS Act) recently became law as part of the CHIPS and Science Act of 2022.…