ConnollySteeleDec 12, 20222 minDo you qualify for the QBI deduction? And can you do anything by year-end to help qualify?If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes this is...
ConnollySteeleOct 19, 20223 minPlan now to make tax-smart year-end gifts to loved onesAre you feeling generous at year end? Taxpayers can transfer substantial amounts free of gift taxes to their children or other recipients...
ConnollySteeleAug 2, 20222 minIs your withholding adequate? Here’s how to checkWhen you filed your federal tax return this year, were you surprised to find you owed money? You might want to change your withholding so...
ConnollySteeleJan 31, 20223 minKeeping meticulous records is the key to tax deductions and painless IRS auditsIf you operate a business, or you’re starting a new one, you know you need to keep records of your income and expenses. Specifically, you...