Local providers in the entire state of Massachusetts
The Inflation Reduction Act (IRA) became law in August 2022, aiming to tackle climate change, inflation, and healthcare costs. Moreover, it includes various tax provisions that will significantly impact taxpayers. Key Tax Provisions in the Inflation Reduction Act The IRA offers several crucial tax provisions targeting both individuals and corporations. Here are some highlights: 15%…
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Discover essential bookkeeping tips for small businesses and how Drenen Financial’s expert bookkeeping services can streamline your financial management. Learn how accurate bookkeeping can boost your business’s success.
Frequently Asked Questions What Are Capital Gains? At its core, capital gains signify the profit you earn from selling an asset, be it stocks, real estate, or investments. When the selling price surpasses the asset’s initial purchase cost, you unequivocally achieve a capital gain! These gains manifest in two distinct varieties: short-term and long-term. Short-Term…
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