by Lori Bowden | Mar 31, 2025 | Tax & Accounting
Whether you’re a casual or professional gambler, your winnings are taxable. However, the Treasury Inspector General for Tax Administration reports that gambling income is vastly underreported. Failing to report winnings accurately can lead to back taxes, interest and...
by Lori Bowden | Mar 30, 2025 | Financial Planning
The term “sandwich generation” was coined to describe baby boomers caught between caring for their aging parents and their children. Today, it most commonly applies to Generation Xers and older Millennials. If you’re caught in the middle, it might be time for honest...
by Lori Bowden | Feb 13, 2025 | Auditing, Financial Planning, Tax & Accounting
We are pleased to announce that Chuck Stanislawski and his staff have joined TWHC. The combined team will continue to operate as TWHC. TWHC welcomes Chuck’s entire team and looks forward to our collaboration as one. Charles Stanislawski & Co. shares the same...
by Lori Bowden | Feb 4, 2025 | Tax & Accounting
Tax-saving benefits are generally available when your business puts newly acquired qualifying assets into service. Under Section 179 of the tax code, companies can take substantial depreciation deductions, subject to various limits adjusted annually for inflation....
by Lori Bowden | Feb 3, 2025 | Tax & Accounting
Working from home isn’t new, especially for self-employed people. But during the height of the pandemic, millions of jobs were moved from employers’ premises to employees’ private homes. Many continue working from home and wonder if they qualify for the home office...
