Heather Palermo

Author profile for Heather Palermo of Kaizen CPAs + Advisors. On this page you can see all the blog posts that Heather Palermo has written.

Can I Deduct Home Improvements on my Tax Return?

For tax purposes, a home improvement includes any major improvements done that substantially adds to the value of your home, increases its useful...

Selling Your Business? Make Your Business Valuable, Marketable and Purchasable

Selling a business is one of the most important financial occurrences in a business owner’s lifetime. Selling a business should be a planned and...

Do you reimburse employees for health insurance?

Do you reimburse employees for individual health policies? If you do, you may be in violation of a recently issued IRS guidance notice. Until...

IRS fine-tuning audit efforts

Although you may have read recent news stories claiming the IRS will be conducting fewer audits than in years past, it’s too soon to breathe a sigh...

New Repair Regulations

The IRS finally released long-anticipated regulations on when we can deduct repairs and improvements. The new rules went into effect on January 1,...