ConnollySteeleSep 133 min readUnderstanding taxes on real estate gainsLet’s say you own real estate that has been held for more than one year and is sold for a taxable gain. Perhaps this gain comes from...
ConnollySteeleSep 133 min readDo you owe estimated taxes? If so, when is the next one due?Federal estimated tax payments are designed to ensure that certain individuals pay their fair share of taxes throughout the year. If you...
ConnollySteeleSep 133 min readThe possible tax landscape for businesses in the futureGet ready: The upcoming presidential and congressional elections may significantly alter the tax landscape for businesses in the United...
ConnollySteeleSep 133 min readWorking remotely is convenient, but it may have tax consequencesMany employees began working remotely during the pandemic and continue doing so today. Remote work has many advantages for employers and...
ConnollySteeleSep 133 min readCash or accrual accounting: What’s best for tax purposes?Your businesses may have a choice between using the cash or accrual method of accounting for tax purposes. The cash method often provides...
ConnollySteeleSep 132 min readUnderstanding the $7,500 federal tax credit for buying an electric vehicleElectric vehicles (EVs) have become increasingly popular. According to Kelley Blue Book estimates, the EV share of the vehicle market in...
ConnollySteeleSep 133 min readIt’s time for your small business to think about year-end tax planningWith Labor Day in the rearview mirror, it’s time to take proactive steps that may help lower your small business’s taxes for this year...