Just like your primary residence, a second home may have significant appreciation over the last several years. If it’s time to sell, it’s important to ...

The meals and entertainment deduction has gone through several revisions in recent years. Before 2018, meals and entertainment were eligible for a 50% ...

Setting up a Roth IRA for your child can be a smart financial move with long-term benefits. It can also help them get started saving for retirement or ...

Soon after The President’s State of the Union Address, the proposed fiscal year 2025 budget was released. This outlines how the ...

We’re past the April 15th deadline, which means many of you just paid balances due and first-quarter estimates. If you are still writing checks to make ...

As housing prices and mortgage rates continue to escalate, many young people struggle to purchase their first home or upgrade. One option is for ...

Employee Fraud, Internal Control and Segregation of Duties Unfortunately, employee theft is rising at the rate of 15% annually. The US Department of ...

The stepped-up basis applies to assets inherited at someone’s death. The IRS resets the asset’s original cost basis to its value at the decedent’s date ...

When talking with clients, I always like to know how their business is going. I love to hear about everything: their team, sales, challenges, etc. When ...

Financial statements serve as a window into the health and performance of a business, offering valuable insights for investors, analysts, and ...

Alabama House Bill 391 reduced the minimum state business privilege tax in 2023 from $100 to $50.   Beginning in 2024, businesses that are subject to ...

Many employers provide long-term disability benefits to employees. It’s a great benefit, but no one considers the tax side. Typical policy benefits pay ...