Linkenheimer LLP CPAs & Advisors

We are thrilled and humbled to announce that Linkenheimer has once again been recognized with the Gold Award for the Best Accounting Firm in the North Bay. This marks the ninth time we have received this award and it is a testament to the enduring bonds we share with you—our valued clients, friends, family, and readers of North Bay Biz. Your support has been the cornerstone of our success over the years. Each vote cast in our favor reflects your trust and confidence in our abilities, and for this, we are immensely grateful. #award #bestofaward https://lnkd.in/gBGspBd4

Vacation homes in upscale areas may be worth way more than owners paid for them. That’s great, but what about taxes? Here are three scenarios to illustrate the federal income tax issues you face when selling an appreciated vacation home. #vacationrentals https://lnkd.in/ghzw5Hpk

Understanding the value of your business is crucial for making informed decisions whether you’re considering selling, seeking investment, or planning for future growth. Business valuation might sound complex, but it’s all about using the right approach and understanding the type of valuation report you need. This guide simplifies these concepts to help you navigate the process confidently. #businessvaluation https://lnkd.in/dMHMirv9

If you follow the news, you’ve probably heard a lot about artificial intelligence (AI) and how it’s slowly and steadily expanding into various aspects of our lives. One widely cited example is ChatGPT, an AI “chatbot” that can engage in conversations with users and create coherently written articles, as well as other content, when prompted. #chatgpt #ai https://lnkd.in/gn6-qD5A

As we navigate through another tax season, the importance of safeguarding our financial information becomes paramount. At Linkenheimer, while we prioritize your financial well-being, we also strive to arm you with knowledge to protect against sophisticated cyber threats. Beyond the common cybersecurity measures, there are advanced steps you can take to ensure a fortified defense against data breaches and financial data thefts, especially in line with Data Loss Prevention (DLP) strategies. #cybersecurity #taxes https://lnkd.in/guA9tuWD

Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact your Linkenheimer CPA to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements. #taxdeadline #2024taxes https://lnkd.in/ggrxqnRp

Are you dreaming of buying a vacation beach home, lakefront cottage or ski chalet? Or perhaps you’re fortunate enough to already own a vacation home. In either case, you may wonder about the tax implications of renting it out for part of the year. https://lnkd.in/gQzVrwqD

In today’s changing work environment, the ability to set up efficient and secure remote work solutions is paramount. Digital twins can play a crucial role in optimizing the infrastructure required for remote work, particularly in the configuration and management of terminal servers. Terminal servers allow multiple users to access a centralized computing environment remotely, offering a cost-effective and scalable solution for businesses transitioning to or enhancing their remote work capabilities. #smb #digitaltwin https://lnkd.in/gsir6VwY

In the dynamic and competitive landscape that small to medium-sized businesses (SMBs) navigate, leveraging innovative technologies to streamline operations and enhance productivity is more than a strategic advantage—it’s a necessity. Among the myriad of technological advancements, the concept of digital twins stands out as a transformative tool for operational excellence. This article delves into what digital twins are, their benefits, and practical use cases for SMBs looking to pioneer efficiency and innovation in their operations. #smb #digitaltwin https://lnkd.in/gHZVVq27

Some people mistakenly believe that Social Security benefits are always free from federal income tax. Unfortunately, that’s often not the case. In fact, depending on how much overall income you have, up to 85% of your benefits could be hit with federal income tax. While the truth about the federal income tax bite on Social Security benefits may be painful, it’s better to understand it. Here are the rules. #socialsecurity https://lnkd.in/dHfc7jMN