Newsletter Archive



Understanding Capital Gains and Losses
How you manage the sale of your investments impacts your overall tax picture. And to get the most out of the current tax law, you’ll need to understand capital gains and losses.

Expanding Your Business in 2022
If you’re ready to take your business to the next level, congratulations. In addition to logistical and operational plans, there are a few administrative tasks to tackle when growing your company and expanding into new states.

Keep Your Business Safe From Fraud
Sadly, fraudsters are continually looking for ways to make a quick buck at your company’s expense, so make sure you’re taking steps to protect your business from all types of threats.

February 2022 Client Profile
Jerry recently sold his home in Michigan and bought a condo in Panama. He plans to live in Panama and make trips back to the U.S. to visit friends and family. Will he still need to file U.S. tax returns?

February Q and A
Let's talk about filing taxes, and franchising your business.

You're Selling Your Business?
Selling your business can be a bittersweet experience. While you may be excited for the future, it’s the end of an era. Be sure you don’t overlook these considerations.

Pros and Cons of Filing Your Taxes Early
Taxes aren't due until April, but there are some good reasons not to wait to file your tax return early.

February Short Bits
Trailblazing women on the quarter, teaching personal finance, and the desire to continue working remotely.

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Reasonable Compensation for S Corporation Owners
Choosing an S Corporation (S Corp) as the best legal structure for your business provides tax perks, but it also comes with limits: paying owners a reasonable salary.

New RMD Tables for 2022
The IRS released new life expectancy tables to be used for calculating required minimum distributions (RMDs) from IRAs and qualified pplans like 401(k)s. The new tables, which were last updated in 2002, reflect longer life expectancies and allow account holders to spread RMDs over a longer period, potentially lessening annual tax burdens and easing account depletion concerns.

New Year, Fresh Start
If the pandemic has caused a slowdown in reaching your financial goals, now is the time to review your plans and push reset for 2022. Your financial and tax professionals can guide you through this process.

January 2022 Client Profile
Elena’s consulting business is expanding and now has clients in Germany and Mexico. How can she reduce the amount of foreign currency exchange fees she’ll incur when clients pay in their local currency?

Keep Beneficiary Designations Current
When was the last time you reviewed beneficiary information on your life insurance policies, retirement accounts and will? It’s important to check all accounts because in many cases, beneficiary designations on policies and retirement plans supersede what is written in your will or trust documents.

Marketing on a Budget
Small businesses often operate on tight budgets. But fortunately, there are ways you can market your business without spending a lot.

January 2022 Q and A
Let's talk about electric vehicles and tax credits for your business.

January 2022 Short Bits

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Year-End Tax Saving Tips For Individuals
As the sun sets on 2021 and we look forward to a new beginning in 2022, keep these last-minute tax savings in mind.

Why Job Costing is Important
Operating a profitable business means knowing how much it costs to complete a project. With prices going up, its especially important to review costs now.

Financial Statement Red Flags
Reviewing your company’s financial statements often can catch problems early before they turn into bigger issues. Beware of these red flags.

Tax-Loss Harvesting
If you’ve traded stocks or other capital assets in 2021 for a gain, you can offset your profits by selling securities that have lost value. This is called tax-loss harvesting.

End of the Year Tax Tips for Business
Before the clock strikes midnight on December 31, make sure your business is prepared to maximize its tax savings for 2021.

December 2021 Client Profile
Bruce has been taking required minimum distributions (RMDs) from his retirement accounts for four years, and he’s concerned that the amount of required withdrawals will lead to premature asset depletion. What can he do?

December 2021 Q and A
Let's discuss tax transcripts, the IRS, and registering a DBA.

December 2021 Short Bits
Quck look at the impact of shorter work weeks and an improved employee work-life balance.

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Understanding Form 1099 For Your Business
In January, your company may need to send 1099s to certain individuals and some businesses. And you might receive a few. Learn about the common Form 1099 that companies send and receive.

The Advance Child Tax Credit
When Congress enacted the American Rescue Plan in early 2021, it increased the child tax credit and required half of it to be paid in advance via monthly payments. While it’s intended to help families with everyday expenses, there are tax considerations to keep in mind.

November 2021 Client Profile
Tiffany started a t-shirt company and she needs to inventory her remaining stock for the end of the year. How can she determine a value for her remaining shirts?

Nuts and Bolts of Exchange-Traded Funds
An exchange-traded fund (ETF) can add diversity to your investment portfolio.

Social Media For Your Small Business
Keep these tips in mind when promoting your business online.

November 2021 Q and A
Let's discuss Direct Primary Care, and worker's compensation insurance.

November 2021 Short Bits
A quick look at how the labor shortage is effecting business owners.

Form 1099 for Individuals
From selling a home to earning interest on a bank account, most taxpayers receive a Form 1099 at some time. Common 1099s individuals receive include:
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