Steward CPA PC

https://www.journalofaccountancy.com/issues/2002/oct/thehomesalegainexclusion.html

The Home Sale Gain Exclusion EXECUTIVE SUMMARY TO EXCLUDE GAIN ON THE DISPOSITION OF A HOME from income under IRC section 121, a taxpayer must own and occupy the property as a principal residence for two of the five years immediately before the sale. However, the ownership and occupancy need not be concurrent. The law

https://www.journalofaccountancy.com/news/2024/feb/house-oks-78b-tax-bill-with-changes-to-erc-and-child-tax-credits.html

House OKs $78B tax bill with changes to ERC and child tax credits The bill, which now goes to the Senate, also delays amortization of research or experimental costs and restores tax breaks for companies from 2017’s Tax Cuts and Jobs Act.

CPA Conference in Sarasota, Florida with Paul Roetzer! AI is here. Are you ready??

As you transition from a one-person show to a business with employees, consider these 6 steps for success:

Growing your team—the right way Try these strategies for scaling from sole proprietor to a business with a team.

If you work from a home office, consider incorporating these energy-efficient ideas in your workspace:

What would you say if there was a way to have your accounting functions handled for you…a way to free up your time to concentrate on growing your business—and all for an affordable fee? Learn more here:

How an accountant can help your small business succeed If you’d like to free up your time to grow your small business, find out how we can assist you with advisory services that can give you a fresh perspective.

No matter the size of your business, success requires keeping an eye on the income and expenses necessary to operate…and that’s where spend management comes into play. Learn more here:

Why regularly reviewing your business’s expenses is key to staying on track:

Keeping your expenses on track Follow these steps to manage your expenses—and keep things organized.

How’s your top-college knowledge? Learn some fun facts about 10 of the top universities in the United States:

Mind flex: Famous college fun facts Want to know more about the top colleges in the United States? Here are some fun facts you may not have known about each of them.

Happy Halloween!

5 steps to helping your business find what works best in the “new normal”:

Easing the post-pandemic comeback Some tips for bringing your business back to “normal” in a post-COVID world.

If you need a break from work and have an interest in gardening, check out our article on the basics of composting to provide nutrient-rich soil:

Life and living: Composting 101 Now that gardening season is changing again, learn how to enrich your soil with this eco-friendly primer on composting.