Jun 17, 2024
In this episode:
- President Biden’s proposed income tax increases.
- The benefits of contributions to Health Savings Accounts (HSAs)
- GoFundMe donations to individuals not classified as a 501c3 organization are not deductible.
- Some shocking stats from the IRS.
- The State of Delaware is still sending out erroneous tax notices.
Michael Wooleyhand, co-owner of Mike and Mel’s Family Restaurant, joins us on the podcast. He discusses the transfer of ownership from a long-standing business, what it was like to rebrand their restaurant and make it their own, and the importance of implementing slow changes and bringing loyal customers along for the ride. He also discusses the new Delaware EARNS program that Mike and Mel’s was a pilot member of and what business owners can expect.