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.

Thinking about converting your home into a rental property?

Want to turn a hobby into a business? Watch out for the tax rules

Valuable gifts to charity may require an appraisal

Businesses: Prepare for the lower 1099-K filing threshold

How to Deduct Medical Expenses: A Guide to Medical Tax Deductions

Caring for an elderly relative? You may be eligible for tax breaks

IRA charitable donations: An alternative to taxable required distributions

Best places to visit in Lake Forest, Illinois

Best Restaurants in Lake Forest, Illinois

How Can Internal Audits Help a Business

7 Ways To Celebrate Spring Around Lake Forest, IL

Important tax aspects of operating your business as a sole proprietor