Power up your trust with Crummey powers

Newburg | CPA News Brief June 21, 2022 The unified gift and estate tax exemption is set at an inflation-adjusted $12.06 million for 2022, up from $11.7 million for 2021. This means that for many families, estate tax liability isn’t a factor. However, for others, the annual gift tax [...]

2022-05-19T10:39:24-04:00June 21, 2022|

QuickBooks Online Tips and Tricks

Newburg | CPA News Brief Newburg | CPA- Staff Writers June 14, 2022 Our accounting service experts utilize a variety of accounting software packages, the primary of which is Intuit’s QuickBooks Online (QBO).  Our QBO Pro Advisors team has included below some of the best tips and tricks for [...]

2022-05-19T10:37:57-04:00June 17, 2022|

The tax rules of renting out a vacation property

Newburg | CPA News Brief May 31, 2022 Summer is just around the corner. If you’re fortunate enough to own a vacation home, you may wonder about the tax consequences of renting it out for part of the year. The tax treatment depends on how many days it’s rented [...]

2022-04-04T11:40:26-04:00May 31, 2022|

QuickBooks Desktop Updates

Newburg | CPA Special News Brief May 26, 2022 As of Tuesday May 31, 2022 QuickBooks Desktop will no longer be supporting add-on services and will discontinue technical support for all QuickBooks versions 2019 and prior. Security updates will also be discontinued. It is for this reason that our [...]

2022-05-26T15:01:20-04:00May 26, 2022|


Newburg | CPA Tax Brief May 17, 2022 Following extraordinary investment and epic innovation in 2021, the life sciences industry is primed for further growth in 2022. Fueled by new partnerships, public and private investment, and new breakthrough innovations, the future of biotech and life sciences is more secure [...]

2022-04-04T11:38:19-04:00May 17, 2022|

SBA To Close Down EIDL Portal

Newburg | CPA Special News Brief - Newburg Staff Writers May 5, 2022 As detailed on the sba.gov website, the COVID-19 EIDL portal will be closing on May 16, 2022. The SBA would like to remind EIDL participants that they should download all of their loan documents from the [...]

2022-05-05T14:06:41-04:00May 5, 2022|
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