A capital gain is a profit, made when you as an individual or business sell a capital asset such as investments or real estate for a higher cost than its purchase price. A capital loss is incurred when...
Your company is growing, and now you have an office full of employees and the questions that come along with that responsibility, such as figuring out each person's tax liability based on their W-4 forms...
You hate writing checks to the Internal Revenue Service on April 15. But what can you do now to trim this year’s tax bill? In this article, we will provide strategies to limit your tax obligations and...
Fourth Annual MahoneySabol 5K at the Travelers Championship to take place on April 27, 2019. Local accounting firm supports The Hospital for Special Care through title sponsorship of 5K race Glastonbury,...
Rules regarding expensing and deduction are complex and managers should keep an eye on the latest rules to ensure their businesses are in compliance and are taking full advantage of the provisions. This...
Payable-on-death (POD) accounts are a type of bank account that, at the owner's death, allow the remaining money in the account to pass directly to the beneficiaries named by the account owner, offering an...
As your child prepares to go off to college and you are considering applying for a student loan, what do you need to know in order to offer them advice as they get ready to head to college? Let's take a...
It is important to prepare your financial statements in accordance with an accounting framework that's appropriate for your business. Most of the time, you'll opt for a CPA to produce your financial...
How do you get from the dream to fundraising to business plan to opening? Successful business owners recount how their meetings with potential investors helped them revise their business plan, refining the...