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.

When do valuable gifts to charity require an appraisal?

Pay attention to the tax rules if you turn a hobby into a business

Taxes when you sell an appreciated vacation home

Unique Cafes You Can’t-Miss While Visiting Chicago

The tax advantages of including debt in a C corporation capital structure

Watch out for “income in respect of a decedent” issues when receiving an inheritance

Growing your business with a new partner: Here are some tax considerations

When businesses may want to take a contrary approach with income and deductions

The pros and cons of turning your home into a rental

Don’t have a tax-favored retirement plan? Set one up now

Your Guide to Experiencing Theatre in Chicago

How Unemployment Effects Your Taxes