by Mark Tichenor | Dec 15, 2021 | Business Tax, Tax
The recent and continuing COVID-19 pandemic has wreaked havoc on many of our local restaurant businesses. The mandated closures and required remodeling to bring customers back into a safe environment has proven to be very difficult for many in the food service...
by HintonBurdick | Nov 1, 2021 | News
Farmers and ranchers forced to sell livestock due to drought may have an additional year to replace the livestock and defer tax on any gains from the forced sales. Here are some important facts to help farmers understand how the deferral works and their eligibility....
by HintonBurdick | Sep 1, 2021 | News
Tax credits and deductions can mean more money in a taxpayer’s pocket. Here are a few facts about credits and deductions that help taxpayers with their year-round tax planning: Taxable income is what’s left over after someone subtracts any eligible...
by HintonBurdick | Sep 1, 2021 | News
Divorce is a painful reality for many people, both emotionally and financially. Quite often, the last thing on anyone’s mind is the effect a divorce or separation will have on their tax situation. To make matters worse, most court decisions do not consider the...
by HintonBurdick | Jul 6, 2021 | News
While the Net Investment Income Tax (NIIT) tends to affect wealthier individuals most often, in certain circumstances, it can also affect moderate-income taxpayers whose income increases significantly in a given tax year. Here’s what you need to know. What is...
