Keep These 3 Issues in Mind After You File Your Return
The tax filing deadline for 2023 tax returns was April 15 this year. If you filed for an extension, you have until October 15. In either case, once your 2023 tax return has been successfully [...]
A General Look at Generative AI for Businesses
If you follow the news, you’ve probably heard a lot about artificial intelligence (AI) and how it’s slowly and steadily expanding into various aspects of our lives. One widely cited example is ChatGPT, an AI [...]
Elevating Your Cybersecurity: Advanced Tips for This Tax Season
As we navigate through another tax season, the importance of safeguarding our financial information becomes paramount. At Linkenheimer, while we prioritize your financial well-being, we also strive to arm you with knowledge to protect against [...]
2024 Q2 Tax Calendar: Key Deadlines for Businesses and Employers
Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines [...]
Update on Retirement Account Required Minimum Distributions
If you have a tax-favored retirement account, including a traditional IRA, you’ll become exposed to the federal income tax required minimum distribution (RMD) rules after reaching a certain age. If you inherit a tax-favored retirement [...]
Business Owners, Your Financial Statements Are Trying To Tell You Something
Business owners are commonly and rightfully urged to regularly generate financial statements in compliance with Generally Accepted Accounting Principles (GAAP). One reason why is external users of financial statements, such as lenders and investors, place [...]
Coordinating Sec. 179 Tax Deductions with Bonus Depreciation
Your business should generally maximize current year depreciation write-offs for newly acquired assets. Two federal tax breaks can be a big help in achieving this goal: first-year Section 179 depreciation deductions and first-year bonus depreciation deductions. [...]
How Renting Out a Vacation Property Will Affect Your Taxes
Are you dreaming of buying a vacation beach home, lakefront cottage or ski chalet? Or perhaps you’re fortunate enough to already own a vacation home. In either case, you may wonder about the tax implications [...]
Digital Twins and Terminal Servers: A Use Case for Enhanced Remote Work Solutions
Use Case: Optimizing Remote Work Infrastructure In today's changing work environment, the ability to set up efficient and secure remote work solutions is paramount. Digital twins can play a crucial role in optimizing the infrastructure [...]
Digital Twins for Operational Excellence: Transforming SMB Operations
In the dynamic and competitive landscape that small to medium-sized businesses (SMBs) navigate, leveraging innovative technologies to streamline operations and enhance productivity is more than a strategic advantage—it's a necessity. Among the myriad of technological [...]