Newsletter – July 20, 2022
Jul 20, 2022 | Newsletter
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Particularly for certain smaller businesses, the S corporation can be a much more beneficial entity than the traditional C corporations, but there are strict rules. Click through for an introduction to the advantages and drawbacks.
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The IRS typically adjusts the cents-per-mile rate each year, but has made a change effective July 1 due to quickly rising fuel prices. Click through to find out what exactly is changing, and by how much.
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Homes often appreciate, especially when you’ve been living in them a long time. This is good but can create tax problems. Click through for tips on the tax situations impacting homes, to make sure you manage your home sale situation correctly.
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It would seem that an easy way to avoid probate and enable your children to assist you as you age is to add them to your bank accounts and home’s deed. But that technique can be perilous. Click through to find out why other methods are usually better.
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You can use practical and flexible HSAs for medical deductibles, copayments — and even long-term savings. Click through to learn about these special insurance plans and how they can help you.
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Our firm provides the information in this e-newsletter for general guidance only,
and does not constitute the provision of legal advice, tax advice, accounting services,
investment advice, or professional consulting of any kind. The information provided herein should not be
used as a substitute for consultation with professional tax, accounting, legal, or other competent
advisers. Before making any decision or taking any action, you should consult a professional adviser who
has been provided with all pertinent facts relevant to your particular situation. Tax articles in this
e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of
avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided
“as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information,
and without warranty of any kind, express or implied, including but not limited to warranties of
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