News and Updates

401(k) Loans: Yay or Nay?

In today’s tough economy, you may find yourself struggling to cover your day-to-day expenses. But...

The House and Senate Pass the Wide-Ranging Inflation Reduction Act

Congress has passed the Inflation Reduction Act (IRA) and President Biden is expected to sign it...

Watch Out for Scam Charities

Have you been contacted by a charity that pulls on your heartstrings and persuades you to open your...

How Will Inflation Affect Your 2023 Tax Bill?

Inflation has been surging this year. The June 2022 consumer price index (CPI) was up 9.1% year...

Time to Review Related-Party Loans

Interest rates have been at historical lows for several years. This situation may have prompted you...

Avoiding Nonprofit Tax Traps

If your organization has met the IRS qualifications to be considered tax-exempt, the income you...

Mid-Year Tax Planning Ideas for Individuals

The 2022 tax year is well underway, and year end will be here before you know it. Summer is a good...

Self-Employed Business Owners: What’s the Right Retirement Plan for You?

If you own a successful small business with no employees, you might be ready to set up a retirement...

Hiring Family Members Can Pay Off for Everyone

One of the advantages of owning and operating your own business is the ability to hire family...

10 Tax Tips for Volunteers

Donating time to a charity can be a rewarding experience—both for you and people (or animals) who...