October 12, 2022
Locking in the Tax Exclusion for QSBS
The tax break for QSBS has been kicking around for a bunch of years and has gone through several iterations.
October 12, 2022
A Muni Swap In Time Can “Save Nine” – Tax Tips
Unless you’ve been marooned on a desert island like Robinson Caruso, you’re probably well aware of the main tax benefits of municipal bonds—often called often called “munis” for short. But let’s briefly recap them anyway.
October 10, 2022
Five Tax-Wise Ways to Invest in Gold
Generally, shares of gold-based assets like gold mining stocks and mutual funds are taxed at a maximum tax rate of 20% (15% for certain moderate-income investors), just like with most other capital assets.
October 4, 2022
Deferred Payroll Taxes Are Coming Due Soon
Businesses have until December 31, 2022, to meet their obligations for federal payroll taxes deferred from as far back as 2020. If a business fails to comply, it may be hit with a hefty tax penalty.
September 21, 2022
The Tax Blotter – Sept. 22, 2022
The Tax Blotter is a round-up of recent taxation news.
September 14, 2022
Details of the New Tax Rules for Electric Vehicles
The new law retains the maximum credit of $7,500 for 2023 through 2032. However, the IRA changes other rules of the road, as follows:
Small Business September 9, 2022
Income Tax Deductions for Start-Ups
A start-up business can claim a current deduction for qualified start-up costs if it meets two requirements, as stated by the IRS.
Small Business September 8, 2022
The Work Opportunity Tax Credit for 2022 (WOTC)
The latest extension—approved as part of the Consolidated Appropriations Act (CAA)—continues the WOTC for a five-year period.
September 7, 2022
Tax Issues with Student Loan Forgiveness
Generally, the income is taxable in the year that the forgiveness or cancellation occurs. The creditor will
September 7, 2022
Arranging a Tax-Favored Installment Sale
With this tried-and-true tax planning technique, you can defer the tax over several years, usually reducing the overall tax bite.
September 3, 2022
Five Tax Breaks for Higher Education
It cost a pretty penny to send your kids to school, but at least the tax law affords some measure of tax relief. Here’s a roundup of five key tax breaks for higher education.
August 25, 2022
The Tax Blotter – Aug. 2022
The Tax Blotter is a bite-sized round-up of recent tax issues.
Contributors
Amy Vetter
CPA, CITP, CGMA
Becky Livingston
Accounting & AI Marketing Consultant
Brian Tankersley
CPA, CITP, CGMA
Garrett Wagner
CPA, CITP, CEO and Founder of C3 Evolution Group
Jim Boomer
CPA, CITP, CEO
Ken Berry, JD
CPA Practice Advisor Tax Correspondent
Kristy Short, Ed.D.
Accounting Content Specialist
Mary Girsch-Bock
Contributing Writer
Randy Johnston
MCS, MCP
Roman Kepczyk
CPA, CITP, CGMA
