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Another Rough Tax Season for IRS and Taxpayers?

February 22, 2022 Slattery & Holman, P.C.

This could be another rough tax season for the IRS and taxpayers. Although this year’s filing season opened January 24, 2022 (the first day the IRS accepted and started processing

How One Small Company Found Its Opening and Disrupted an Entire Industry in the Process

February 22, 2022 Slattery & Holman, P.C.

If you had to make a list of some of the fastest-growing industries in the United States, activewear would undoubtedly be on it. It's a field that is made up of

What Is Tax Basis and Why Is It So Important?

February 22, 2022 Slattery & Holman, P.C.

For tax purposes, the term “basis” refers to the monetary value used to measure a gain or loss. For instance, if you purchase shares of a stock for $1,000, your

Employee Spotlight – Erica Stout

November 29, 2021 Slattery & Holman, P.C.

What year did you join Slattery & Holman? July 2021 Tell us a little about where you attended college and the degree(s) you earned? Any special accomplishments. IU Bloomington B.S. in Accounting and

Business Success Stories – The Explosive Growth of Zoom

November 29, 2021 Slattery & Holman, P.C.

Video conferencing in and of itself is certainly nothing new. It's been around in some form or another for decades — businesses used it for remote meetings in the 1990s,

Fall Tax Planning May Be Wise

November 29, 2021 Slattery & Holman, P.C.

Taxes are like vehicles in that they need a periodic check-up to make sure they are performing as expected, and if ignored, could cost you money. The following is a list

Key Tax Provisions Included in New Infrastructure Bill

November 10, 2021 Slattery & Holman, P.C.

On November 5, the House voted to pass the Infrastructure Investment and Jobs Act (IIJA), which had previously passed in the Senate. The bill now heads to the White House,

Tax Issues Related to Renting Your Vacation Home

August 26, 2021 Slattery & Holman, P.C.

Do you own a second home at the beach, in the mountains or another getaway location? Or are you thinking about buying one? If so, then you may have thought

Employee Spotlight – Kaylan Hudson

August 26, 2021 Slattery & Holman, P.C.

What year did you join Slattery & Holman? 2019 Tell us a little about where you attended college and the degree(s) you earned? Any special accomplishments. Indiana University Kokomo, where I double-majored in

IRS Extends COVID-19 Relief Leave Donations

August 26, 2021 Slattery & Holman, P.C.

As part of the emergency disaster declaration made by President Trump on March 13, 2020, it became possible for employees to donate their unused paid sick, vacation or personal leave