Accounting and Tax Blog

Welcome to the Pasquesi Sheppard Blog, your go-to destination for insightful articles, expert advice and all things related to accounting, finance and business management.

Understanding Reverse Mortgages: A Comprehensive Guide

A three-step strategy to save tax when selling appreciated vacant land

Tax tips when buying the assets of a business

When do valuable gifts to charity require an appraisal?

Pay attention to the tax rules if you turn a hobby into a business

Taxes when you sell an appreciated vacation home

Unique Cafes You Can’t-Miss While Visiting Chicago

The tax advantages of including debt in a C corporation capital structure

Watch out for “income in respect of a decedent” issues when receiving an inheritance

Growing your business with a new partner: Here are some tax considerations

When businesses may want to take a contrary approach with income and deductions

The pros and cons of turning your home into a rental