by Gilbert CPA | Mar 11, 2025
Tax implications of property upgrades: repairs vs. improvements If you own rental properties or business real estate, it’s almost guaranteed that you’ll need to address building upkeep or upgrades at some point. Whether it’s fixing a leaky roof or installing a...
by Gilbert CPA | Mar 8, 2025
IRS appraisal rules: what you need to know before gifting or donating noncash assets Are you thinking about donating a piece of real estate to your alma mater? Gifting a rare collection to your children? Or transferring a valuable classic car to a charity auction?...
by Gilbert CPA | Mar 6, 2025
Treasury Suspends Corporate Transparency Act (CTA) Reporting for U.S. Companies Big news for businesses: On March 2, 2025, the U.S. Treasury Department suspended the March 21, 2025, filing deadline under the Corporate Transparency Act (CTA) for all domestic companies...
by Gilbert CPA | Mar 3, 2025
Comstock’s Magazine: Women in Leadership It's Women's History Month, and at Gilbert, empowering women is at the heart of our culture. We’re incredibly proud to have so many strong, inspiring female leaders and team members. Be sure to check out the recent...
by Gilbert CPA | Feb 11, 2025
Nonprofits: guide to reporting in-kind donations Securing in-kind donations is vital for any nonprofit or charitable organization, but just as important is accounting for them properly. In June 2020, the Financial Accounting Standards Board introduced changes to the...