Investing In The Future With A 529 Education Plan
If you have a child or grandchild who’s going to attend college in the future, you’ve probably heard about qualified tuition programs, also known as 529 plans. These plans, named for the Internal Revenue Code [...]
Worried About An IRS Audit? Prepare In Advance
IRS audit rates are historically low, according to a recent Government Accountability Office (GAO) report, but that’s little consolation if your return is among those selected to be examined. Plus, the IRS recently received additional [...]
Year-End Tax Planning Ideas For Individuals
Now that fall is officially here, it’s a good time to start taking steps that may lower your tax bill for this year and next. One of the first planning steps is to ascertain whether [...]
Work Opportunity Tax Credit Provides Help To Employers
In today’s tough job market and economy, the Work Opportunity Tax Credit (WOTC) may help employers. Many business owners are hiring and should be aware that the WOTC is available to employers that hire workers [...]
Don’t Forget Income Taxes When Planning Your Estate
As a result of the current estate tax exemption amount ($12.06 million in 2022), many estates no longer need to be concerned with federal estate tax. Before 2011, a much smaller amount resulted in estate [...]
Linkenheimer’s 2022 Nicaragua Eye Care Trip
 A team from Linkenheimer spent 10 days in Nicaragua during June of 2022 with the hope of bringing eye care and the gift of vision to people in the rural region of [...]
Seller-Paid Points: Can Homeowners Deduct Them?
In its latest report, the National Association of Realtors (NAR) announced that July 2022 existing home sales were down but prices were up nationwide, compared with last year. “The ongoing sales decline reflects the impact [...]
Separating Your Business From Its Real Estate
Does your business need real estate to conduct operations? Or does it otherwise hold property and put the title in the name of the business? You may want to rethink this approach. Any short-term benefits [...]
Winner Of The NorthBay Biz Best Accounting Firm Gold Award
We want to thank all of our clients, friends, family and readers of the NorthBay Biz who voted for us and have supported us for all these year. We are honored to win the Gold [...]
Want To See Into The Future? Delve Deeper Into Forecasting
For a company to be truly successful, its ownership needs to attempt the impossible: see into the future. Forecasting key metrics — such as sales demand, receivables, payables and working capital — can help you [...]