Valuable Gifts to Charity May Require an Appraisal
If you donate valuable items to charity, you may be required to get an appraisal. The IRS requires donors and charitable organizations to supply certain information to […]
Businesses May Receive Notices About Information Returns That Don’t Match IRS Records
The IRS has begun mailing notices to businesses, financial institutions and other payers that filed certain returns with information that doesn’t match the agency’s records.
Valuing Non-Compete Agreements in Business Combinations
Purchase price allocations are an important part of negotiating a successful M&A transaction. The value of most assets — such as receivables, inventory and equipment — may […]
Want to Turn a Hobby into a Business? Watch Out for the Tax Rules
Like many people, you may have dreamed of turning a hobby into a regular business. You won’t have any tax headaches if your new business is profitable. […]
The Tax Mechanics Involved in the Sale of Trade or Business Property
What are the tax consequences of selling property used in your trade or business?
Autonomous Ride-Hailing Will Displace Industry Incumbents
As posted to the ARK Invest YouTube Channel on 5/19/22
(Run Time: 16 […]
How to Qualify for – and Keep – Cyber Insurance Coverage
These days, it’s common for businesses to purchase cyber insurance to help mitigate financial losses from network breaches. According to the U.S. Government Accountability […]
You May Have a Basis for Reducing the Tax Bite
(This is Blog Post #1207)
Thinking About Converting Your Home Into a Rental Property?
In some cases, homeowners decide to move to new residences, but keep their present homes and rent them out. If you’re thinking of doing […]
Tax Considerations When Adding a New Partner at Your Business
Adding a new partner in a partnership has several financial and legal implications. Let’s say you and your partners are planning to admit a […]
