Our Blogs: Taxing Times
Welcome to our blog page! We know taxes and financial topics can be confusing at times, so we’re here to help. To keep up with our monthly blogs, be sure to follow us on Facebook and LinkedIn. Have a topic you’d like to have us cover in a blog? To make a suggestion, you can post a comment in our social channels. We’d love to hear from you!
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Navigating Capital Gains Tax with Cukierski & Associates
In the bustling financial world, one area where medium-sized business owners and individuals both frequently cross paths are capital gains tax. This tax directly applies when assets—like stocks, bonds, real estate, or even a precious piece of artwork—are sold at a profit.
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Eight Accounting Mistakes That Could Harm Your Business (And How to Avoid Them)
When it comes to managing your business’s finances, even the smallest accounting mistakes can have significant consequences. From data entry errors to misclassified expenses, these common pitfalls can lead to financial discrepancies, cash flow problems, and tax penalties. For many businesses, these mistakes are often avoidable with the right practices and support in place.
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Nonprofit Accounting—What You Need to Know
Discover the essentials of nonprofit accounting with Cukierski & Associates. Learn best practices and key documents to ensure financial transparency and success.
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How to Check and Change Your Tax Withholding
When it comes to managing your finances, tax withholding might not be at the forefront of your mind, but it's a crucial aspect that can significantly impact your financial health. Ensuring that the correct amount of tax is withheld from your paycheck can help you avoid unpleasant surprises during tax season, such as unexpected bills or penalties.
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Environmental, Social, and Governance Reporting in the Accounting Industry
Environmental, social, and governance (ESG) reporting has emerged as a critical aspect of financial management in recent years, reflecting a shift in the accounting industry.
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How to Avoid the IRS’s Dirty Dozen
The IRS's annual "Dirty Dozen" list has returned, shedding light on evolving tax scams that can catch taxpayers, businesses, and tax professionals off guard. This annual campaign is designed to raise awareness about the variety of schemes that can emerge, particularly during tax season, but continue to pose threats throughout the year. The Dirty Dozen serves as a reminder to remain vigilant against these scams, which range from phishing emails to fraudulent tax preparers and beyond.
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Navigating Retirement Planning for Small Businesses
Retirement planning is not just about setting aside funds for a comfortable retirement. It's about laying the groundwork for long-term financial security and peace of mind. For small business owners—who often invest their time, energy, and resources into building their businesses—retirement planning is an essential aspect of ensuring that their hard work pays off in the form of a secure financial future. Here’s how.
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Navigating the Tax Landscape of Employee Equity: A Comprehensive Guide to Stock Options
In the dynamic realm of employee compensation, employee equity is an increasingly popular form of remuneration that grants employees ownership in the company. This non-cash pay comes in various forms, including stock options, restricted shares, and performance-based shares. Understanding the tax implications of these equity options is crucial for both employers and employees.
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New FinCEN Reporting Requirements: Understanding the Upcoming Changes
Financial Crimes Enforcement Network (FinCEN), a U.S. Department of the Treasury bureau, is introducing significant reporting requirements focused on identifying and reporting beneficial owners and individuals involved in the operation, formation, and ownership of a business entity.
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