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How to Avoid Tax Pitfalls when Making Corporate Loans to Shareholders

This article explains how business owners or shareholders thinking of withdrawing funds from their corporation can stay within the tax rules and avoid consequences.

8 Red Flags for IRS Audits

Are you afraid of getting your tax return audited by the IRS? Watch out for these eight red flags that can trigger an IRS audit.

Should Married Couples File Jointly or Separately?

After you get married, there are two ways to file your federal income tax return-married filing jointly or married filing separately. Find out which option is best for you

Estate Planning Isn’t Just for the Wealthy

Did you know Estate Planning is important for all individuals and income levels, not just the wealthy? Find out the ways you can benefit:

Glenn Walz visits J.P. McCaskey Business and Accounting Students

Great article from the J.P. McCaskey Alumni Newsletter-Our founder, Glenn Walz joined J.P. McCaskey accounting and business students to donate a rare set of original class items

Examine 6 Factors to Classify Workers as Employees or Independent Contractors

Business owners, be aware of a new rule that provides six factors to determine if the employment status of a worker should be classified as independent contractor or employee.

Know What to Expect From Taxes in Retirement

Are you saving and planning to set yourself up for a relaxing retirement? Follow this article to find out what you need to know about paying taxes after you retire. Plan now, to protect your nest egg.

Will You Qualify for the Home Sale Gain Exclusion?

Selling your home? Do you understand and meet the requirements for the home sale gain exclusion? Find out if you qualify and if a home office can affect your home sale gain exclusion.

Withdrawing Cash from Your C Corporation

C Corporations: there are tax-savvy options available to get cash out of your business. Find out the rules and requirements of these five options and how to avoid double taxation.

Key Rules for Home Office Deductions

Do you work from home? Find out everything you need to know about home office deductions and tax savings here:

Sailing the Seas of Business on a Healthy Cash Flow

Managing a healthy and successful cash flow at your business depends on both the sales and disbursements cycles. Find out more here:

Estate Planning for Personal Property: Why You Should Sweat the Small Stuff

Often, estate planning will focus on assets, investments, and business interests, but do not overlook smaller personal properties such as jewelry, clothing, artwork, furniture, and other items

Do You Qualify for the Favorable HOH Status?

Do you consider yourself the head of household (HOH) as your tax filing status? Make sure you understand the rules and three main requirements to qualify as HOH to receive the savings.

Installment Sales Can Be a Win-Win for Buyers and Sellers

Find out how an installment sale works, the tax implications for both buyers and sellers, and what qualifies as an eligible transaction.

Help Wanted: Hiring Your Kids to Work for Your Small Business

Are you a business owner and hiring for extra help? Consider these tax-saving advantages if you hire your child at your business. Find out the tax advantages and rules in this article

Social Security Tax Update: How High Can It Go?

It is important to understand how the Social Security tax impacts employers, employees, and self-employed individuals.

7 Tasks For a Successful Nonprofit Finance Committee

Are you on a not-for-profit finance committee? This article explains seven key responsibilities of the finance committee to ensure the overall success of the organization.

The Uniform Commercial Code and What it Means to Your Business

What is the Uniform Commercial Code (UCC)? If you are a business owner or conduct business in other states, check out this article on the UCC:

Get the Most From Accounting Software

Does your business utilize accounting software for bookkeeping tasks? The right software can assist with managing, reporting, and analyzing. Find out if you are getting the most from your software

Exploring Alternative Financing Options for Your Business

Getting traditional financing like bank loans for your small business or startup can be a challenge. This article outlines alternative financing options.

New Twists and Turns Taken by EV Credits

New tax rules for the purchase of an electric vehicle (EV). Check out this article for changes made in 2023 and 2024 for tax breaks and credits

Does the Marriage Penalty Still Exist Today?

If you recently got married or are thinking about getting married, there are important tax filing options and timing considerations to keep in mind

Jersey Day 2024

Walz Group Jersey Day 2024

Bask in Tax Breaks for Vacation Home Rentals

Looking for a tax break? If you own a vacation home such as a cabin in the mountains or a house on the beach and rent it out, you could get a tax deduction.

Navigating the Risks of Check Fraud

Attention businesses and business owners that issue and accept paper checks! Check fraud is still abundant and can happen to anyone, don’t let it happen to you.

Can I Claim the QBI Deduction for My Small Business?

Attention business owners! Are you a small business owner wondering if you can claim the qualified business income (QBI) deduction for tax breaks? Follow this article to find out more

Can You Claim Your Parent as a Dependent?

Did you know that if you can claim your parent as a dependent, you could be looking at significant tax breaks? Follow this article to find out the requirements and learn more:

Dos and Don’ts for Business Expense Deductions

Are you a business owner trying to determine which expenses can and can’t be deducted to help lower your tax bill? Find out the tax rules when it comes to travel, entertainment, food and beverage...

Principal Reception For Ben Ritenour and Robin Alexander

Ben Ritenour and Robin Alexander Principal Reception at the Cork Factory Hotel

Walz Group CPA Announces Two New Principals

Walz Group CPA Announces Two New Principals-Robin Alexander and Ben Ritenour

How to Improve Your Construction Business Credit Rating

Are you in the construction industry and looking to improve your business credit rating? This article outlines how business credit works and key steps you can take to build better credit:

Make the Most of the General Business Credit

General Business Credit (GBC). What is the General Business Credit? What’s included in the General Business Credit? How can General Business Credits provide tax-saving advantages?

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