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.

Reduce the impact of the 3.8% net investment income tax

Freelance Tax Deductions in Illinois

Benefits of a living trust for your estate

How to Calculate Net Worth Tax

If you’re hiring independent contractors, make sure they’re properly handled

Retirement saving options for your small business: Keep it simple

Paperwork you can toss after filing your tax return

Do I Have To Claim My Settlement On Taxes In IL?

Settlement on Taxes

Do I Have To Claim My Settlement On Taxes In IL?

The IRS clarifies what counts as qualified medical expenses

There’s a favorable “stepped-up basis” if you inherit property

The tax advantages of hiring your child this summer