by Stapley Accounting | Jun 6, 2024 | Uncategorized
If you donate valuable items to charity and you want to deduct them on your tax return, you may be required to get an appraisal. The IRS requires donors and charitable organizations to supply certain information to prove their right to deduct charitable contributions.... by Stapley Accounting | Jun 4, 2024 | Uncategorized
With each passing year, as networked technology becomes more and more integral to how companies do business, a simple yet grim reality comes further into focus: The cyberattacks will continue. 12 Critical Steps To Safeguard Your Company From Cyberattacks (forbes.com)... by Stapley Accounting | May 30, 2024 | Uncategorized
Let’s say you own one or more vacant lots. The property has appreciated greatly and you’re ready to sell. Or maybe you have a parcel of appreciated land that you want to subdivide into lots, develop them and sell them off for a big profit. Either way, you’ll incur a... by Stapley Accounting | May 28, 2024 | Uncategorized
by Stapley Accounting | May 23, 2024 | Uncategorized
Some people mistakenly believe that Social Security benefits are always free from federal income tax. Unfortunately, that’s often not the case. In fact, depending on how much overall income you have, up to 85% of your benefits could be hit with federal income tax.... by Stapley Accounting | May 16, 2024 | Uncategorized
Vacation homes in upscale areas may be worth way more than owners paid for them. That’s great, but what about taxes? Here are three scenarios to illustrate the federal income tax issues you face when selling an appreciated vacation home. Scenario 1: You’ve never used...
