Expert Perspectives

Squire provides complete and personalized accounting solutions to meet your individual needs.

Expert Perspectives

Squire provides complete and personalized accounting solutions to meet your individual needs.

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Category: Tax

How Employee Stock Options Are Taxed

How Employee Stock Options Are Taxed

Many companies, as an incentive to employees to help grow the companies’ market value, will offer stock options to key employees. The options give the employee the right to buy up to a specified number of shares of the company’s […]
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It’s Not Too Late for an IRA Contribution

It’s Not Too Late for an IRA Contribution

Article Highlights: Contribution Due Date Age Rules Compensation Rules When To Contribute Contribution Limits Deductibility & Benefits Saver’s Credit Choosing Between Traditional & Roth IRAs Most of the time an expense that may be tax deductible needs to be paid […]
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Start Off on the Right Foot for the 2023 Tax Year

Start Off on the Right Foot for the 2023 Tax Year

Article Highlights: W-4 Updates W-9 Collection Estimated Tax Payments Charitable Contributions Required Minimum Distributions Gifting Retirement-Plan Contributions Beneficiaries Reasonable Compensation Business-Vehicle Mileage College-Tuition Plans Individuals and small businesses should consider various ways of starting off on the right foot for […]
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Common Family Tax Mistakes

Common Family Tax Mistakes

When it comes to transactions between family members, the tax laws are frequently overlooked. The following are some commonly encountered situations and the tax ramifications associated with each. Renting to a Relative – When a taxpayer rents a home to a […]
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Looking Ahead to 2023 Taxes

Looking Ahead to 2023 Taxes

With the holiday celebrations coming to an end, now is the time to take a look at the changes that will impact your 2023 tax return when you file it in 2024. Keeping up with the constantly changing tax laws […]
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