
Do You Know the “Hidden” Advantage of HSAs?
A Health Savings Account (HSA) coupled with a high-deductible health plan can be a powerful tool for funding medical expenses on a tax-advantaged basis. For…
A Health Savings Account (HSA) coupled with a high-deductible health plan can be a powerful tool for funding medical expenses on a tax-advantaged basis. For…
When it comes to retirement planning, many people tend to focus on two things: opening a retirement savings account and then eventually drawing funds from…
If your company faces the need to “remediate” or clean up environmental contamination, the money you spend can be tax-deductible as ordinary and necessary business…
There’s a tax-advantaged way for people to save for the needs of family members with disabilities — without having them lose eligibility for government benefits…
As we approach the end of the year, it’s a good time to think about whether your business needs to buy business equipment and other…
S corporations can provide tax advantages over C corporations in the right circumstances. This is true if you expect that the business will incur losses…
Americans generally feel generous during the holidays and usually are eager to donate to worthy charitable causes. At the same time, they’re so busy and…
In April, the Internal Revenue Service (IRS) released Notice 2020-32 to address the deductibility of certain expenses relating to the Paycheck Protection Program (PPP). Ordinarily,…
Now that Joe Biden has been projected as the winner of the presidential election by major news outlets*, you may wonder if your federal taxes…
It’s no secret that the sudden shut-down of businesses across the country in response to the COVID-19 pandemic resulted in a dramatic increase in the…