ConnollySteeleJun 222 minBusinesses will soon be able to deduct more under the standard mileage rateBusiness owners are aware that the price of gas is historically high, which has made their vehicle costs soar. The average nationwide...
ConnollySteeleJun 222 minFive tax implications of divorceAre you in the early stages of divorce? In addition to the tough personal issues that you’re dealing with, several tax concerns need to...
ConnollySteeleJun 153 minYour estate plan: Don’t forget about income tax planningAs a result of the current estate tax exemption amount ($12.06 million in 2022), many people no longer need to be concerned with federal...
ConnollySteeleJun 133 minIs your corporation eligible for the dividends-received deduction?There’s a valuable tax deduction available to a C corporation when it receives dividends. The “dividends-received deduction” is designed...
ConnollySteeleJun 62 minHelp when needed: Apply the research credit against payroll taxesHere’s an interesting option if your small company or start-up business is planning to claim the research tax credit. Subject to limits,...
ConnollySteeleMay 312 minIs it a good time for a Roth conversion?The downturn in the stock market may have caused the value of your retirement account to decrease. But if you have a traditional IRA,...
