Some holiday gifts you provide to members of your family, employees, and others may also...
People often say that an expense is “a tax write-off”; most everyone interprets this to...
At their core, tax credits are a very particular type of benefit designed to offset...
First, don’t panic. Audits are relatively rare, as fewer than 1% of taxpayers grouped by...
If you are contemplating selling real estate property, there are a number of issues that...
You have your 2018 tax return filed, or perhaps on extension, and now it is...
Taxpayers are often confused by the differences in tax treatment between businesses that are entered...
Taxpayers often will hire an individual or firm to provide services at the taxpayer’s home....
Generally speaking, tax return mistakes are a lot more common than you probably realize. Taxes...
The tax code places limits on the amounts that individuals can gift to others (as...
There are both opportunities and pitfalls for IRA owners, and while you definitely don’t want...
If you have a large capital gain from the sale of a stock, asset, or...
When a sale of a business or investment property results in a gain, the seller...
As part of the recent tax reform, the Tax Cuts and Jobs Act of 2017,...
According to one recent study conducted by the Small Business Administration, there are approximately 28.8...
Have you been ignoring your future retirement needs? This tends to happen when people are...
Tax reform added some new taxpayer-advantageous changes to college savings plans. These plans are also...
S corporation compensation requirements are often misunderstood and abused by owner-shareholders. An S corporation is...
Individuals with large estates generally want to gift portions of their estate to beneficiaries while...
The Internal Revenue Service (IRS) computes standard mileage rates for business, medical and moving...