Westfield, MA 01085 USA

Month: September 2023

Local providers in the entire state of Massachusetts

The Inflation Reduction Act (IRA) and Its Effects on Taxpayers

The Inflation Reduction Act (IRA) is a major piece of legislation that was signed into law in August 2022. The IRA is designed to address a number of issues, including climate change, inflation, and healthcare costs. The IRA also contains a number of tax provisions that could have a significant impact on taxpayers. Some of…
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Bookkeeping Tips for Small Businesses

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.

Unlocking Wealth: A Guide to Capital Gains & Tax Implications

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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