Staff Articles

Tax Benefits for Higher Education

Whether you are paying off your own student loans, or paying the student loans of another person, higher education can be a very costly endeavor. Thankfully there are a number of tax benefits that exist to lower the amount of liability you will have from…

Tips from a Recent Graduate Part 4: Tips for transitioning to full-time work

Are you an accounting student who is feeling overwhelmed by the recruiting process? This column is a series intended to help you succeed as you begin your journey with the accounting profession. Internship As an intern through various Spring tax seasons, the hardest thing for…

Want to escape the winter weather and work somewhere warm for the season?  Things to consider before working remotely. 

The flexibility with working remote and traveling can be attractive, but it is important to be aware of the tax implications associated with it. Starting off, it is important to understand which state you are a resident of.  A resident state is a state you…

Understanding the New York Pass-Through Entity Tax (PTET): A Comprehensive Guide

The tax landscape for businesses is ever-evolving, and in response to changes in federal tax laws, states often implement their own measures to maintain fiscal balance. One such initiative is the New York Pass-Through Entity Tax (PTET), which aims to address the limitations imposed by…

Notified that your business requires an employee benefit plan audit? Here’s why it can be a good thing.

Just what every business owner wants to hear, an audit requirement. However, an audit of your organization’s employee benefit plan can be very beneficial for the organization, the plan and its participants. Let’s get started with what potentially triggers an audit requirement for a benefit…

Thinking about becoming a landlord? There are a few things that you should know.

There are a lot of different strategies that people pursue to build wealth, one of the most common is rental real estate. Rental real estate is attractive for various reasons, such as but not limited to: It is seen as low risk due to the…

Tips from a Recent Graduate Part 3: Tips for your upcoming internship.

Are you an accounting student who is feeling overwhelmed by the recruiting process? This column is a series intended to help you succeed as you begin your journey with the accounting profession. Here are things you should do when it comes to your internship:  …

Why You Should Switch to QuickBooks Online.

Have you been on the fence about making the change over to QuickBooks Online? There are several advantages for companies who choose to switch from QuickBooks Desktop (QBD) to QuickBooks Online (QBO). Some of the most significant advantages include increased accessibility, automatic bank feed, and…

Maximizing Real Estate Investments: Unlocking the Power of the 1031 Exchange.

Imagine a world where you could sell a property, defer your capital gains taxes, and reinvest the proceeds into a new property with increased potential for growth and income. Sound too good to be true? Enter the 1031 exchange, a powerful tax-deferral strategy in the…

Which Employee Benefit Plan is Right for You and Your Business?

Do you and your employees feel comfortable with how much you have saved for retirement? Do you feel that you are currently taking advantage of all of the potential retirement plan benefits that are available to you? Is the current plan that my business sponsors…