A frequent question that arises when borrowing money is whether or not the interest...
  If you pay attention to the financial news, you’ve likely heard that we may...
  On August 16, 2022, President Biden signed into law the Inflation Reduction Act of...
  Meet Michele Duvall, CPA a Tax Manager at Abeles & Hoffman. She joined the...
With gas prices soaring it has been expected the IRS would increase the mileage rate...
Every small business – whether a respected local mom-and-pop retailer, a startup tech company, or...
If you have a second home in a resort area, or if you have been...
Taxpayers often question how long records must be kept and the amount of time IRS...
There are plenty of advantages to being your own boss, but that doesn’t mean that...
Charles joined Abeles & Hoffman in June of 2009.  In his role as a senior...
You may hear people use the term “Stepped-Up Basis” that many believe is a tax...
Frequent questions that arise are: Are amounts received from settlement of lawsuits and other legal...
Unlike a C corporation, which itself pays the tax on its taxable income, an S...
With the current substantial appreciation in home values and demand for housing exceeding the available...
Have you ever wondered how long the IRS has to question and assess additional tax...
Meet Tammy Lanson, a CPA and a valuable member of the Abeles and Hoffman team....
Before the COVID-19 pandemic, the IRS was getting refunds out swiftly and responded to calls...
Individuals are required to begin taking distributions from their IRA when they reach a certain...
The federal Fair Labor Standards Act (FLSA) requires employers to pay most employees overtime pay...
The Covid-19 pandemic has had a significant impact on the labor market – mandated government...
If you have purchased, owned, sold, gifted, made purchases with, or used cryptocurrency in business...
Meet Jim Rose, an Abeles and Hoffman principal and shareholder. He has been working in...
The U.S. Treasury recently released the Biden administration’s 2022 Fiscal Year Budget, that includes a...