by briesterer@thinkvisionary.com | Aug 9, 2023 | Business, Fraud, Newsletter
The rise of “ERTC Mills” has caused widespread confusion and increased the potential for fraud. These entities exploit the system, intensifying the risk of deception. While these mills charge for basic clerical duties, their agreements often specify that...
by briesterer@thinkvisionary.com | Aug 4, 2023 | Individuals, Newsletter, Tax
If you’re looking to sell your home this year, then it may be time to take a closer look at the exclusion rules and cost basis of your home to reduce your taxable gain on the sale. The IRS home sale gain exclusion rule allows an exclusion of gain up to $250,000...
by briesterer@thinkvisionary.com | Aug 3, 2023 | Individuals, Newsletter, Tax
With hurricane season in the East and South, wildfire season in the West, and severe weather season in the middle of the county, now is a good time to create or review emergency preparedness plans for surviving natural disasters. Here are three steps taxpayers can...
by briesterer@thinkvisionary.com | Aug 2, 2023 | Business, Newsletter, Tax
If you’re self-employed and use your car, SUV or other vehicle for business, you can deduct certain business-related vehicle expenses. Depending on the cost of operating the vehicle or how much you drive it, as well as how much of your use of the vehicle is for...
by briesterer@thinkvisionary.com | Jul 7, 2023 | Newsletter, Webinars
When selling your business, it’s the net number that counts. Succession Stories host Laurie Barkman focuses on tax strategies to consider when selling a business and speaks with two colleagues from Wessel & Company, a regional tax and accounting firm in...
by briesterer@thinkvisionary.com | Jul 6, 2023 | Individuals, Newsletter, Tax
May 1 is the traditional deadline for undergraduate students to commit to their college of choice, which means tuition payments are not far behind. If you are wondering if your child’s scholarships are taxable, here is what you should know. What Is a...
