by briesterer | Feb 1, 2022 | Tax & Accounting
If you’ve gathered your tax documents and are ready to tackle your tax return, there’s one more step you should take: becoming familiar with what’s new on the 2021 Form 1040. While the format of Form 1040 and its schedules remain similar to 2020, there are several...
by briesterer | Jun 18, 2021 | Tax & Accounting
Qualifying for Tax Breaks for a Dependent Parent For many families, the tables may turn, and adult children provide financial support for their parents. For example, you might have moved your in-laws from a long-term care facility into your home during the pandemic...
by briesterer | Jun 18, 2021 | Tax & Accounting
Do You Owe the Nanny Tax? The COVID-19 pandemic has changed the dynamics of many households. In most cases, schools stopped or limited in-person instruction, causing many children to engage in at-home learning. Some families moved disabled adult children or seniors...
by briesterer | Jun 18, 2021 | Tax & Accounting
If your business was forced to close due to the pandemic, you may be itching to get back in the game. Or maybe you’re looking to fulfill a lifelong dream of running a business for the first time. In any event, there’s been a recent uptick in the number of people...
by briesterer | Jun 4, 2021 | Tax & Accounting
You May Want to Separate Real Estate Assets from Your Business Many companies choose not to combine real estate and other assets into a single entity. Perhaps the business fears liability for injuries suffered on the property. Or legal liabilities encountered by the...