What’s So Great about CPA’s? What’s so great about CPA’s? You may not have asked yourself that question in so many words, but you may have wondered what sets CPA’s apart from other financial professionals. The answer in short: A lot. We typically begin our careers with years of college and graduate education. To become licensed, we.. read more →

Hold on to Your Tax Returns Hold on to Your Tax Returns.  You should always keep a copy of your tax return for your records. You may need copies of your filed tax returns for many reasons. For example, they can help you prepare future tax returns. You’ll also need them if you have to.. read more →

Tax Tips for Starting a Business   Tax Tips for Starting a Business.  When you start a business, a key to your success is to know your tax obligations. You may not only need to know about income tax rules but also about payroll tax rules. Here are five tax tips that can help you.. read more →

Early Retirement Plan Withdrawals and your Taxes Taking money out early from your retirement plan may trigger an additional tax. Here are six things that you should know about early withdrawals from retirement plans: 1. An early withdrawal normally means taking money from your plan before you reach age 59 1/2. 2. If you made.. read more →

Defer Capital Gains using Like-Kind Exchanges If you’re a savvy investor, you probably know that you must generally report as income any mutual fund distributions whether you reinvest them or exchange shares in one fund for shares of another. In other words, you must report and pay any capital gains tax owed. But if real.. read more →

Leaving a Business: Which Exit Plan is Best? Selecting your business successor is a fundamental objective of planning an exit strategy and requires a careful assessment of what you want from the sale of your business and who can best give it to you. There are four ways to leave your business: transfer ownership to.. read more →