The path can get foggy sometimes…
a guide can help.
Shutting Down a C Corporation
There are several tax implications that you need to be aware of when shutting down a C corporation.
The IRS recently issued new guidance on electric vehicles.
The IRS recently issued new guidance on electric vehicles. There are four ways you can potentially benefit from a federal tax credit for an EV you place in service in 2023 or later.
Basic Estate Planning
Without a will, state law dictates the distribution of your assets, which may not align with your intentions.
Do You Need to Add Users in QuickBooks Online?
QuickBooks Online allows you to give multiple users access to your account. Here’s how to set them up.
Holding Real Property in a Corporation: Good or Bad Idea?
Holding Real Property in a Corporation: Good or Bad Idea?
Why You Should Be Using Tags in QuickBooks Online, and How to Create Them.
Why You Should Be Using Tags in QuickBooks Online, and How to Create Them.
Helicopter View of 2023 Meals and Entertainment Deduction
Helicopter View of 2023 Meals and Entertainment
Send Tax Documents Correctly to Avoid IRS Trouble
Send Tax Documents Correctly to Avoid IRS Trouble
Haven't Finished 2022 Taxes?: 6 Things to Consider
Putting off income tax preparation because you’re unsure of some issues? Here are some common areas of confusion.
Is Airbnb Rental Income Subject to Self-Employment Tax?
Do you owe self-employment tax on Airbnb rental income?
Alert: A Massive New FinCEN Filing Requirement Is Coming
Alert: A Massive New FinCEN Filing Requirement Is Coming
Health Savings Accounts: The Ultimate Retirement Account
Health Savings Accounts: The Ultimate Retirement Account
The IRS Wants to Know about Your Crypto
At any time during 2021, did you receive, sell, exchange, or otherwise dispose of any financial interest in any virtual currency?
Will the Inflation Reduction Act Affect Your Income Taxes?
Will the Inflation Reduction Act Affect Your Income Taxes?
Should You Consider Claiming the Home Office Deduction?
Working from home has become much more commonplace in recent years. Does your home office qualify for a tax deduction?
Tax Implications When Your Vacation Home Is a Rental Property
If you have a home that you both rent out and use personally, you have a tax code-defined vacation home.
Disclaimer: All blog posts and articles are for educational purposes only. No content should be considered as tax advice to you. You know when you are receiving specific tax advice from Pathway CPA Group LLC when you are an engaged client through an active Engagement Agreement. Always seek tax guidance for your specific scenario from a knowledgeable CPA or tax preparer.