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Recursos e Información
Business automobiles: How the tax depreciation rules work
Do you use an automobile in your trade or business? If so, you may question how depreciation tax deductions are determined. The rules are complicated, and special limitations that apply to vehicles classified as passenger autos (which include many pickups and SUVs) can result...
What types of expenses can’t be written off by your business?
If you read the Internal Revenue Code (and you probably don’t want to!), you may be surprised to find that most business deductions aren’t specifically listed....
The tax implications of renting out a vacation home
Many Americans own a vacation home or aspire to purchase one. If you own a second home in a waterfront community, in the mountains or in...
Update on depreciating business assets
The Tax Cuts and Jobs Act liberalized the rules for depreciating business assets. However, the amounts change every year due to inflation adjustments. And due to...
Selling your home for a big profit? Here are the tax rules
Many homeowners across the country have seen their home values increase in recent years. According to the National Association of Realtors, the median price of existing homes sold in July of 2023 rose 1.9% over July of 2022 after a couple years of much...
Investment swings: What’s the tax impact?
If your investments have fluctuated wildly this year, you may have already recognized some significant gains and losses. But nothing is decided tax-wise until year end...
Hancock Askew & Co. is Excited to Announce, Camille Pacht, Director of Business Valuations, has Joined the Firm
Atlanta, GA (September 13, 2023) – Hancock Askew & Co., LLP (HAC), a full-service audit, tax, accounting and advisory firm is proud to announce the hire...
IRS announces tax relief for those impacted by Idalia in Florida
The Internal Revenue Service today announced tax relief for individuals and businesses affected by Idalia in parts of Florida. Taxpayers affected by the storm that began...
Hancock Askew & Co. is Excited to Announce Lisette Rodriguez, Audit Principal, has Joined the Firm
Miami, FL (September 6, 2023) – Hancock Askew & Co., LLP (HAC), a full-service audit, tax, accounting and advisory firm is proud to announce the hire...
The advantages of using an LLC for your small business
If you operate your small business as a sole proprietorship, you may have thought about forming a limited liability company (LLC) to protect your assets. Or...
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