by Jeanine Hemingway | Jul 31, 2023 | Business, Business Tax Breaks, Tax Blog, Tax Planning
The world of business structures can be complex and overwhelming, with various categories and nomenclature to keep track of. For business owners, it’s important to understand the differences among these structures, as they have significant implications for...
by Jeanine Hemingway CPA | Jun 20, 2023 | Business, Education, Tax Blog, Tax Planning
Small businesses face unique challenges when it comes to managing their payroll. Inaccurate or delayed payments can create serious problems for both employers and employees. That’s why it is crucial for small businesses to invest in effective and accurate...
by Jeanine Hemingway CPA | Apr 17, 2023 | Education, Lifestyle, Tax Blog, Tax Planning
If you are a parent saving for college tuition or going back to school to earn another degree, you know that college tuition has skyrocketed over the last few decades. State funding cuts, expanding administrative staffs, and increased construction and facility costs...
by Jeanine Hemingway CPA | Feb 7, 2023 | Business, Business Tax Breaks, Lifestyle, Tax Blog, Tax Planning
With the recent passage of the Inflation Reduction Act of 2022, the electric vehicle credit has undergone some major changes. Although most of the changes take effect in this year, to qualify for the current credit, vehicles purchased after August 15, 2022, are...
by Jeanine Hemingway CPA | Nov 18, 2022 | Business, Business Tax Breaks, Tax Blog, Tax Planning, Year End Taxes
Now’s the time to take advantage of year-end moves to cut your next tax bill—before it’stoo late. Whether you make a charitable donation, fund your retirement account or takeadvantage of helpful tax deductions, implementing these steps now can make a bigdifference at...
by Jeanine Hemingway CPA | Oct 18, 2022 | Business, Business Tax Breaks, Tax Blog, Tax Planning, Year End Taxes
It may seem early to talk about year-end tax planning, but with only roughly sixty days left in 2022, it’s important to take action now to favorably impact your tax bill this year, and to put yourself in good financial footing for the year ahead. End-of-year taxes are...