H&CO

deduct bad debts

4 min read

Bad Debts: What Losses Can You Deduct and When?

Attempts to claim write-offs for bad debt losses have fueled controversies with the IRS for many years. Unfortunately, bad debt losses are increasingly common during the COVID-19 pandemic. Here's an overview of the federal income tax treatment of...

Read More

1 min read

Managing Subsidiaries with SAP Business One

As a subsidiary, it is important to choose an ERP solution that allows you to remain flexible while still meeting the demands of your parent company....

Read More

3 min read

Are You Thinking About Selling Your Business?

The COVID-19 pandemic has put unprecedented stress on private business owners. Some are now considering selling their businesses before Congress has...

Read More

1 min read

Corporate Transparency Act Imposes Beneficial Ownership Reporting Requirements

The Corporate Transparency Act (CTA) imposes new beneficial ownership reporting requirements on many companies. The stated purposes of the CTA...

Read More
An accountant making payroll provisions

3 min read

Three New Payroll Tax Provisions For Eligible Employers

Signed into law in the waning days of 2020, the Consolidated Appropriations Act (CAA) provides some new tax breaks for employers — including three...

Read More
Class C business office building.

5 min read

The Tax Implications of Closing a Schedule C Business

Unfortunately, many businesses have already been forced to close their doors due to the economic fallout from COVID-19, and more will surely follow....

Read More

3 min read

If You Own Foreign Assets, Include Them in Your Estate Plan

It may be a case of "out of sight, out of mind." Some wealthy individuals who own overseas assets forget to mention them to their estate plan...

Read More

1 min read

Ain & Gruda Associates and Merges With H&CO, LLP

We are happy to announce the association and merger of Ain & Gruda Associates with H&CO, LLP, which became effective on January 1, 2021.

Read More