Aug 30, 2023
Protecting Your Assets: The Importance of a Revocable Trust for Ownership in Entities
When it comes to safeguarding your hard-earned wealth and assets, estate planning is a crucial aspect that demands careful consideration. One powerful tool in the estate pla... Read More
Aug 16, 2023
Understanding the Revised Form I-9: A Guide for Business Owners Confirming New Employee ID
The Form I-9 is an essential document used by employers in the United States to verify the identity and employment authorization of individuals they hire to work in the coun... Read More
Aug 2, 2023
Building a Better Tomorrow: A guide to setting up a nonprofit 501(c)(3)
In our ever-evolving society, nonprofit organizations play a crucial role in addressing various social issues and making a positive impact on communities. If you are passion... Read More
Jul 25, 2023
(Another) IRS Scam
The IRS is warning taxpayers and tax professionals about a new scam that's making the rounds. Scammers are sending out cardboard envelopes that appear to be from a deliv... Read More
Jul 12, 2023
Where’s my Refund? The Scoop on Delayed State of Delaware Tax Refunds
Tax season can be a stressful time for many individuals and businesses, especially when it comes to waiting for that long-anticipated tax refund. However, if you're a re... Read More
Jul 5, 2023
HSA Rates and Guidelines for 2023
According to the IRS, the Health Savings Account (HSA) contribution limit for individuals in 2023 is $3,850, up from $3,650 in 2022. For those with family coverage, the HSA ... Read More
Jun 21, 2023
Demystifying Estimated Tax Payments: Understanding Their Importance and Consequences
Taxes are an integral part of our lives as responsible citizens. While most of us are familiar with filing annual tax returns, there's another aspect that often gets overl... Read More
Jun 7, 2023
Unveiling the 1031 Exchange: Insights into Maximizing Tax Benefits
Real estate investors looking to maximize tax benefits often turn to the 1031 exchange, a powerful tool provided by the IRS. As an accounting firm specializing in real estat... Read More
May 24, 2023
Energize Your Home and Wallet with Tax Credits for Energy-Saving Improvements
In an era of growing concern about the environment and rising energy costs, homeowners are increasingly seeking ways to make their homes more energy efficient. Fortunately, ... Read More
May 10, 2023
It’s Time to Spring Clean your QuickBooks Records!
It’s the time of year for everything to get a good cleaning and your QuickBooks records are no different. It's important to regularly clean up your QuickBooks... Read More
Apr 26, 2023
Discover the Tax Benefits of Owning an Electric Vehicle
Are you considering purchasing a new electric vehicle? If so, you may be eligible for a federal tax credit that can help reduce the cost of your new ride. The federal tax cr... Read More
Apr 12, 2023
The Benefits of Filing a Tax Extension: How to Avoid Unnecessary Penalties
As the Tax Day deadline rapidly approaches, some taxpayers may be unable to file their federal tax return by April 18th, 2023 and will need to file an extension. In this artic... Read More
Mar 31, 2023
Did you turn 72 in 2022?
REMINDER! If you have a traditional IRA, SIMPLE IRA, 401(k) or similar workplace retirement plans and celebrated your 72nd birthday in 2022, you must take your first R... Read More
Mar 29, 2023
Tax Credit Available for Alternative Refueling Stations
The Alternative Fuel Vehicle Refueling Property Credit (the credit) is a federal tax credit available to individuals and businesses that install qualified alternative fuel v... Read More
Mar 15, 2023
The Kiddie Tax Rules
The Kiddie Tax has been around since the 1980s. It was first introduced in the Tax Reform Act of 1986. The tax code had been being abused by wealthy parents tran... Read More