2023 Q2 Tax Calendar: Key Deadlines for Businesses and Employers

2023 Q2 Tax Calendar: Key Deadlines for Businesses and Employers

Here are some of the key tax-related deadlines for businesses and other employers during the second quarter of 2023. Keep in mind this list isn’t all-inclusive, so additional deadlines may apply to you. Contact us to ensure you’re meeting all applicable deadlines and...
The 2022 Gift Tax Return Deadline Is Coming Up Soon

The 2022 Gift Tax Return Deadline Is Coming Up Soon

Did you make large gifts to your children, grandchildren, or other heirs last year? If so, it’s important to determine if you need to file a 2022 gift tax return. In some cases, even if it’s not required, you may want to file one anyway. Filing requirements The annual...
Claiming Losses on Depreciated or Worthless Stock

Claiming Losses on Depreciated or Worthless Stock

Have you bought stock in a company that later dropped in value? While you may prefer to forget such an investment, at least you can claim a capital loss deduction on your tax return. Here are the applicable rules when a stock you own is sold at a loss or becomes...