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.

Are scholarships tax-free or taxable?

How IRS auditors learn about your business industry

The tax implications of renting out a vacation home

Casualty loss tax deductions may help disaster victims in certain cases

The Ultimate Guide to Holiday Events Near Lake Forest, IL

Are Groceries Taxed in Illinois?

What are the tax implications of winning money or valuable prizes?

Evaluate whether a Health Savings Account is beneficial to you

Business automobiles: How the tax depreciation rules work

Investment swings: What’s the tax impact?

What types of expenses can’t be written off by your business?

Selling your home for a big profit? Here are the tax rules