Retirement Announcement of Glenn Schanel
It is with mixed feelings that we announce the retirement of Glenn Schanel, who founded this firm almost 30 years ago. After spending the first decade of his career at…
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Tax Season Best Practices
Below is a list of best practices to keep in mind when working with us to prepare your tax return. We will do our best to give you outstanding service,…
Tax Free “Muni’s” or Taxable “Corporates”? How to Choose
Municipal bonds are very appealing to investors because of one important attribute: municipal bond interest is exempt from federal income tax. But while tax-free income sounds great, there is a…
New Tax Implications of Trading in a Company Car
For decades, business vehicle trade-ins have been treated as like-kind exchanges. A like-kind exchange, also known as a 1031 exchange, allows business owners or investors to exchange like property for…
Businesses Should Now Use Accountable Plan to Reimburse Employees
The Tax Cuts and Jobs Act took away a tax-saving deduction for employees who have out-of-pocket expenses for their jobs. Under the old law, many employees got a tax break…