Resources
August 2023 Newsletter
Featured Articles
Minimizing Capital Gains Tax on Sale of a Home
August 2023
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
Deducting Business-Related Vehicle Expenses
August 2023
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
Tax Breaks for Teachers and Other Educators
August 2023
It's almost time for the start of the new school year, and if you are a teacher or other educator, you should know that you can still deduct certain unreimbursed expenses. Deducting expenses such as classroom supplies, training, and
Any accounting, business or tax advice contained in this communication, including attachments and enclosures, is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion, nor is it sufficient to avoid tax-related penalties. If desired, we would be pleased to perform the requisite research and provide you with a detailed written analysis. Such an engagement may be the subject of a separate engagement letter that would define the scope and limits of the desired consultation services.
August 2023 Newsletter
Tax Tips
Tax Due Dates for August 2023
August 2023
August 15
Employers - Nonpayroll withholding. If the monthly deposit rule applies, deposit the tax for payments in July.
Employers - Social Security, Medicare, and withheld income tax. If the monthly deposit rule applies, deposit the tax for payments in July.
September 11
Employees Who
Tips on the Tax Treatment of Gifts
August 2023
Gift tax returns generally do not need to be filed unless you give someone, other than your spouse (if he or she is a U.S. citizen), money or property worth more than the gift tax annual exclusion for that
A Tax Checklist for Newly Married Couples
August 2023
Summer is the wedding season and newlyweds should understand how tying the knot can affect their tax situation. Here's are three things newly married couples should know:
1. Name and address changes
Name. When a name changes through marriage, it is important
It's Natural Disaster Season: Safeguarding Tax Records
August 2023
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.
Any accounting, business or tax advice contained in this communication, including attachments and enclosures, is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion, nor is it sufficient to avoid tax-related penalties. If desired, we would be pleased to perform the requisite research and provide you with a detailed written analysis. Such an engagement may be the subject of a separate engagement letter that would define the scope and limits of the desired consultation services.
Copyright Eisner Advisory Group LLC © 2024. All Rights Reserved.