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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We honor the memory of Sheldon Burton Webster, former Chairman and major shareholder of Borland Benefield.
Now that we’re in the midst of tax season, many people are getting their forms, receipts, and other records in order. Most people are probably looking at all those papers and wondering, how long they might have to keep all that paperwork. The good news is you can get rid of some records, but what…
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Dexavia is a shining example of what it means to be a Borland Benefield member, but what makes her who she is? From a shy girl with a journal to the head of a sorority to a Ph.D. student, read about her journey.
The Infrastructure Investment and Jobs Act of 2021 (IIJA) introduces more concrete rules on how we all report our cryptocurrency dealings, but many people are still confused. We streamlined all of the IIJA’s major points into this easy-to-digest article.
For 25 years, Hand in Paw has been helping the Birmingham community with animal-assisted therapy programs to hospitals, schools, nursing homes, and rehabilitation facilities. We’re happy to call them one of the nonprofit organizations we help with auditing.