Insights

Cash payments and tax relief for individuals in new law
A new law signed by President Trump on March 27 provides a variety of tax and financial relief measures to help ...

The new COVID-19 law provides businesses with more relief
On March 27, President Trump signed into law another coronavirus (COVID-19) law, which provides extensive relief ...

Individuals get coronavirus (COVID-19) tax and other relief
Taxpayers now have more time to file their tax returns and pay any tax owed because of the coronavirus (COVID-19) ...

COVID-19: Office Update
As the situation with COVID-19 continues to evolve our goal as consultants and tax advisors is to help you stay up ...

Coronavirus (COVID-19): Tax relief for small businesses
Businesses across the country are being affected by the coronavirus (COVID-19). Fortunately, Congress recently ...

Many business owners ask: How can I avoid an IRS audit?
Many business owners ask: How can I avoid an IRS audit? The good news is that the odds against being ...

Inheriting property? Be aware of the basis consistency rules
If you're in line to inherit property from a parent or other loved one, it's critical to understand the basis ...

The tax aspects of selling mutual fund shares
Perhaps you're an investor in mutual funds or you're interested in putting some money into them. You're not alone. ...

There still might be time to cut your tax bill with IRAs
If you're getting ready to file your 2019 tax return, and your tax bill is higher than you'd like, there may still ...

The tax implications of a company car
The use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses. This ...

Determining whether you need to file a gift tax return can be tricky
For 2020, the lifetime gift and estate tax exemption has reached a whopping $11.58 million ($23.16 million for ...

Tax credits may help with the high cost of raising children
If you're a parent, or if you're planning on having children, you know that it's expensive to pay for their food, ...