ConnollySteeleNov 28, 20222 minIntangible assets: How must the costs incurred be capitalized?These days, most businesses have some intangible assets. The tax treatment of these assets can be complex. What makes intangibles so...
ConnollySteeleOct 5, 20222 minInvesting in the future with a 529 education planIf you have a child or grandchild who’s going to attend college in the future, you’ve probably heard about qualified tuition programs,...
ConnollySteeleOct 3, 20223 minWorried about an IRS audit? Prepare in advanceIRS audit rates are historically low, according to a recent Government Accountability Office (GAO) report, but that’s little consolation...
ConnollySteeleSep 26, 20222 minWork Opportunity Tax Credit provides help to employersIn today’s tough job market and economy, the Work Opportunity Tax Credit (WOTC) may help employers. Many business owners are hiring and...