The holiday season is a time for hope, and Borland Benefield’s long-time client, the Presbyterian Home for Children has been on a mission of hope for over 150 years. Read our article and learn all about this benevolent organization.
Are there benefits to borrowing funds from your 401(k) retirement account? What are the cons? Read our latest article before taking this drastic step in today’s economy.
The IRS is continually working to find and stop scammers – but you still need to be careful. Learn how you can tell a scam artist from the real thing before tax season gets into full swing.
Accounting and delicious food are not two words that often go hand in hand, but every October, the irresistible aroma of Greek food and the toe-tapping tempos of traditional Greek music overtake the grounds of the Holy Trinity + Holy Cross Greek Orthodox Cathedral in downtown Birmingham. Where does Borland Benefield fit in? Their Nonprofit…
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Over the last year, home prices have soared in many parts of the country. In addition to benefitting from an appreciating asset, eligible homeowners enjoy several tax advantages. Here are eight reasons why it’s better to be an owner, rather than a renter, from a federal income tax perspective. Home Sale Gain Exclusion If you…
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Are you considering selling your vacation home? Are you worried about the tax hit on your profits? Fortunately, the limited federal income tax gain exclusion break CAN apply to vacation homes in some cases.
The IRS recently announced an increase to the standard mileage rate for qualified business drivers.
Selling a business is a major undertaking. Reconciling your legal, financial, and tax goals requires specialized expertise and finesse. Learn about the ins and outs of this important process.
The recent downturn in the stock market brings tax-loss harvesting into play. Read our latest blog to how to turn the negatives to your advantage.
Goals are achieved by addressing flaws and committing to overcoming them. Lloyd Shelton, CPA, and shareholder at Borland Benefield, has followed this guiding principle throughout his life. From his younger years to his time as a young CPA to his life-changing push into marathon running, Lloyd achieved his goals thanks to his humility and desire…
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