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Teal, Becker & Chiaramonte offering valuable insights, impressions and commentary on today’s financial and business world.

Tax Planning Ideas for Businesses & Individuals

With tax year 2020 coming to a close here are some tax planning ideas for Businesses & Individuals Business Planning Review your accounting method: Businesses typically use either an accrual method of accounting or the cash basis. Under an accrual method, income and expense is recognized when: 1) All events have occurred to deduct the… [keep reading…]

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