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.

Use an S corporation to mitigate federal employment tax bills

Payroll Taxes in Illinois: Everything You Need to Know

Inheriting stock or other assets? You’ll receive a favorable “stepped-up basis”

That email or text from the IRS: It’s a scam!

The IRS has just announced 2024 amounts for Health Savings Accounts

The best way to survive an IRS audit is to prepare

Are you married and not earning compensation? You may be able to put money in an IRA

That email or text from the IRS: It’s a scam!

When can seniors deduct Medicare premiums on their tax returns?

Reduce the impact of the 3.8% net investment income tax

Freelance Tax Deductions in Illinois

Benefits of a living trust for your estate