Specht, Higgins & Associates

10/20/2026

Self-employed and think you can’t deduct a home office because you also use a downtown office?
Think again. The IRS allows a home office to be your principal place of business when you use it exclusively and regularly for administrative or management tasks like billing and record keeping. Read the quick guide to make sure you’re claiming what you’re due. https://wix.to/YxUgBIy

You Can Have an Office in the Home and an Office DowntownIf you are self-employed and also have access to an office elsewhere, you may assume you cannot deduct a home office. Many people believe this, and IRS auditors sometimes raise it. But the law says otherwise, and the IRS’s own guidance backs...

09/18/2026

Planning to sell highly appreciated real estate, a closely held business, or private company stock? Don’t let capital gains surprise you. Learn how a deferred sales trust can help you defer capital gains tax for years—even decades—if you plan before the sale. Read the full post: https://wix.to/tGBMGuf

08/26/2026

Protect your home-office deduction before it’s too late. Many business owners unknowingly jeopardize this tax benefit when their workspace is used for non-business purposes or when W-2 employment rules apply. Read our quick guide to learn common traps and how to protect your deduction: https://wix.to/xBVxiQa

The home-office deduction can produce substantial tax savings, especially when it converts what would otherwise be commuting miles into deductible business mileage. But many business owners accidentally put this valuable deduction at risk. If you use your home office for more than one purpose, each....

07/03/2026

Happy 250th Birthday, USA! 🎉 Celebrate the birthplace of a nation with our short tribute to Philadelphia — where 1776 changed the world. Read more on the blog: https://wix.to/OxpcIJS

Philadelphia, Birthplace of a Nation 1776 - 2026 FX Cassidy14 minutes ago1 min readHappy 250th Birthday to The United States of America

06/10/2026

New tax change for 2026: employers will no longer be able to deduct small workplace refreshments like coffee and snacks—even though employees still won't be taxed on them. Read our quick breakdown and what it could mean for your office break room: https://wix.to/6q64IIJ

04/22/2026

Thank you to all our clients for submitting your 2025 tax information on time — we appreciate your partnership and trust. We’re continuing to work with individuals and businesses for whom we filed extensions. Follow our blog and page for year-round tax tips and updates. Need to reach us? Email [email protected]

Read the full note: https://wix.to/DVeEt9r