During the pandemic, many employees transitioned to remote work and continue doing so today. Remote work offers numerous advantages for both employers and employees, making it a lasting trend in many industries. However, it may also lead to some tax implications, especially when employees work across state borders. Double taxation may occur It is not […]

Your businesses can chose between using the cash or accrual method for tax purposes. The cash method can often offer significant tax advantages to those who qualify. However, certain businesses may find the accrual method more beneficial for their purposes. With that being said, contact your Rudler advisor as it is essential to assess your […]

It has become common for companies to have employee assistance programs (EAPs) for things such as mental health, substance abuse, and financial challenges. Whether your company is considering an EAP or already offers one, among the most important factors to keep in mind is compliance. Whether your company is considering an EAP or already offers […]

Navigating the intricacies of tax law can be challenging, especially when faced with an unforeseen tax bill stemming from errors made by a spouse or ex-spouse. This issue often arises due to the principle of “joint and several” liability. When a married couple files a joint tax return, both spouses are individually responsible for the […]

Taxes on real estate gains can vary depending on your situation. However, it’s important to note that some real estate gains could be taxed at higher rates due to depreciation deductions. Here’s an overview of the federal income tax implications that could affect real estate gains. For example, If you sell real estate that you’ve […]

Over the last few decades, companies have been encouraged to “move to the cloud” to benefit from the extensive storage and broad range of software options. However, some businesses are learning the hard way that these seemingly sweet deals offered by cloud services providers can sometimes lead to disappointing results. The expected cost savings do […]

Federal estimated tax payments help ensure that certain individuals pay their fair share of taxes throughout the year. If your paycheck and other sources of income don’t have enough federal tax withheld you may have to make estimated tax payments. This typically applies if you receive interest, dividends, self-employment income, capital gains, a pension or […]

Prepare for potential changes: The upcoming presidential and congressional elections could substantially reshape the tax landscape for businesses in the United States. The reason has to do with a tax law that’s scheduled to expire in about 17 months and how politicians in Washington would like to handle it. How we got here The Tax […]

There is no universally suitable benefits package for all businesses today. The ideal mix of tax-friendly fringe benefits varies based on factors such as the size and demographics of your workforce. One option to consider is an adoption assistance program. Purpose and Covered Expenses The purpose of adoption assistance programs is to provide participants with […]

Many Americans receive disability income. Are you one of them, or will you soon be? If so, you might wonder if the income taxed and if so, how it is taxed. The tax treatment depends on the type of disability benefit and your overall income. The key factor is who paid for the benefit. If […]