Beginning Jan. 1, 2026, employees with high-deductible health plans will be able to save an additional $100 annually in their health savings accounts (HSAs). These triple-tax-advantaged accounts can go a long way in helping you pay healthcare costs with tax-free dollars today and in retirement. 2026 HSA Contribution Limits The 2026 annual limit on HSA […]
Posted on April 03, 2025
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John Ebenger
In this episode Director of Tax Services John Ebenger, CPA, shares the differences between real estate investors and dealers and how each classification impacts taxes.
Posted on March 20, 2025
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Luke Lucas
In this episode, Associate Director of Tax Services Luke Lucas, CPA, shares often overlooked state and local tax issues, deductions and credits.
Posted on February 18, 2025
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Rick Bazzani
Generally, the taxes you owe depend on the decisions you made before year-end on December 31. However, as you prepare to file your 2024 tax returns, certain trusts and estates may have an additional 65 days in 2025 to reduce their tax liabilities and those of their beneficiaries for the prior year. Under the Internal […]
Posted on February 13, 2025
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Lewis Kevelson
Buyers in the market for a yacht often hear from friends and anxious salespersons that they can claim federal income tax deductions when using a yacht for business purposes, such as entertaining clients or renting it out for private charters to generate income. This is often coupled with the promise of large depreciation write-offs against […]
Posted on February 12, 2025
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Sarah Gaymon
It has been said that a picture is worth a thousand words. However, the IRS has the final say when it comes to the valuation and tax treatment of paintings, sculptures and other works of art. Whether you own a few valuable pieces or amassed a significant art collection, you must consider how these assets […]
Posted on January 28, 2025
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Karen Lake
The IRS has issued tax relief to individuals and businesses affected by the devastating wildfires in southern California. Taxpayers who live in or own a business in a federally declared disaster area automatically receive an extension to file various federal tax returns and make tax-associated payments originally due between Jan. 7, 2025, and Oct. 15, […]
In this episode Director of Assurance and Advisory Services Whitney Schiffer shares the ways insurance audits can uncover underpayments and improve finances.
Just as annual checkups help patients identify health issues before they become bigger problems, insurance claim audits can help medical practices detect potential revenue cycle problems before they result in significant financial losses. Declining commercial insurance rates and reimbursements have become persistent problems for physicians in private practice, who also face increasingly complex and costly […]
Posted on November 06, 2019
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Melissa Fleitas
The past two years have marked significant changes in the way in which businesses and non-profit entities, including hospitals, report their financial performance. Under accounting standards codification 606 (ASC 606), these entities must adopt new methods for recognizing the timing, amount and uncertainty of revenue from and expenses related to contracts with customers. While healthcare […]
