First-year bonus depreciation and Sec. 179 expensing: Watch out for the pitfalls Many companies are eligible for tax write-offs for certain equipment purchases and building improvements. These write-offs can do wonders...
A Section 1031 exchange (also known as a like-kind exchange) allows commercial or investment real estate owners to avoid capital gains tax when selling the property by swapping qualifying properties....
Authored by Haynie & Company Partner Bernard Abercrombie, CPA.As you are aware, the real estate market has been on quite a ride over the last year or so. Market data...
Authored by Haynie & Company Partner Bernard Abercrombie, CPA.There are several gifting or tax opportunities for children or grandchildren, this article highlights a few for teenagers and young adults. Savings for...
Selling your business is a significant undertaking that requires foresight, thoughtful planning, and an honest look at you and your business. If done correctly, it is an exciting time that...
For many teenagers, summer often means a time for family barbecues, swimming in the pool, and working a summer job. For many parents, this means dealing with the tax implications...
Click Here to view this article in PDF format. Benefits of Using a Paid Preparer for Your Taxes Why use a CPA? With so many do-it-yourself tax programs available for sale, it...
As the founder of your own small business, you likely understand the growing pains that come along with establishing a successful company. From ensuring customer satisfaction to keeping track of...