News & Insights

Year-End Spending Package Tackles Retirement Planning, Conservation Easements

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On December 23, 2022, Congress passed the Consolidated Appropriations Act of 2023. The sprawling year-end spending “omnibus” package includes two important new laws that could affect your financial planning: the Setting […]

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2023 Q1 Tax Calendar: Key Deadlines for Businesses and Other Employers

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Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2023. Keep in mind that this list isn’t all-inclusive, so there may […]

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Do You Qualify for the QBI Deduction? And Can You Do Anything by Year-End to Help Qualify?

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If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes this is referred to as the pass-through deduction or the […]

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Year-End Giving to Charity Or Loved Ones

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The holiday season is here and many people plan to donate to their favorite charities or give money or assets to their loved ones before the end of the year. […]

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Intangible Assets: How Must the Costs Incurred be Capitalized?

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These days, most businesses have some intangible assets. The tax treatment of these assets can be complex.   What makes intangibles so complicated? IRS regulations require the capitalization of costs […]

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