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Pease Bell Posts

Investors: Beware of the Wash Sale Rule


A tried-and-true tax-saving strategy for investors is to sell assets at a loss to offset gains that have been realized

How Effectively do you Manage Risk?


Businesses can't eliminate risk, but they can manage it to maximize the entity's economic return. A new framework aims to

Why You Should Boost Your 401(k) Contribution


One important step to both reducing taxes and saving for retirement is to contribute to a tax-advantaged retirement plan. If

Hedging Strategies for Your Business


The Financial Accounting Standards Board (FASB) recently issued some targeted improvements to its guidance that could encourage more companies to

Save More for College with a 529 Savings Plan


With kids back in school, it's a good time for parents (and grandparents) to think about college funding. One option,

Watch Out for Potential Tax Pitfalls of Donating Real Estate to Charity


Charitable giving allows you to help an organization you care about and, in most cases, enjoy a valuable income tax

GAAP vs. Tax-Basis Reporting


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Reasons to Outsource Payroll and Obtain a Service Audit Report


With Labor Day starting out this week, it's a good time to focus on how your business pays employees. Payroll

Supplement your Financial Statements with Timely Flash Reports


Most companies prepare financial statements on a monthly or quarterly basis. Unfortunately, it usually takes between two and six weeks

Yes, you can undo a Roth IRA conversion


Converting a traditional IRA to a Roth IRA can provide tax-free growth and the ability to withdraw funds tax-free in

Worrying About Estate Taxes?


How to determine if you need to worry about estate taxes Among the taxes that are being considered for

Hobby or Business?


The IRS wants to know If you generate a side income from a passion like cooking, woodworking or bookselling

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