How Teleworking May Impact Your Tax Obligations

How Teleworking May Impact Your Tax Obligations

As the COVID-19 outbreak continues, many employers are continuing to encourage or require their employees to work from home (i.e., telework). Such remote working arrangements could potentially have tax implications that should be considered. State tax obligations for...

read more
Fed 101

Fed 101

If you’ve seen “Hamilton” you know that our nation’s first central bank was his brainchild, created in 1791 over the objections of many of our founding fathers who thought the concept unconstitutional. That first bank had a twenty year charter that wasn’t renewed. Our...

read more
Pandemic Funding Changes and Opportunities

Pandemic Funding Changes and Opportunities

October 2020 has arrived, and with it not only are there signs of seasons changing, but also continued change in the pandemic funding landscape. It is certainly not time to go into hibernation, or you might miss some of the more recent funding opportunities or the...

read more
Qualified Small Business Stock (QSBS) Exemption

Qualified Small Business Stock (QSBS) Exemption

A non-corporate taxpayer generally can exclude up to 100% of gain realized from the sale or exchange of qualified small business stock held more than five years. Sounds interesting, but how do you determine if you are able to take the Qualified Small Business Stock...

read more
Don’t Panic!

Don’t Panic!

Over the past month, many of us, accountant and client alike, have received a notice from the IRS for underpayment of taxes related to a Form 1041 (U.S. Income Tax Return for Estates and Trusts) that was filed electronically with a balance due. If you filed your...

read more
Another Shot at Funding

Another Shot at Funding

“The Department of Health and Human Services (HHS) has been focused on distributing funding in a way that is fast, fair and transparent,” according to HHS Secretary Alex Azar. Extending the application deadline for the Phase 2 general distribution to Medicaid,...

read more