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...
by briesterer | May 21, 2021 | Tax & Accounting
Nonprofits Need to Educate Donors About New Tax Benefits The Consolidated Appropriations Act (CAA) enacted in December 2020 extends and modifies several key tax provisions originally included in the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The CARES...
