If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes this is...

Are you feeling generous at year end? Taxpayers can transfer substantial amounts free of gift taxes to their children or other recipients...

When you filed your federal tax return this year, were you surprised to find you owed money? You might want to change your withholding so...

If you operate a business, or you’re starting a new one, you know you need to keep records of your income and expenses. Specifically, you...

The IRS began accepting 2021 individual tax returns on January 24. If you haven’t prepared yet for tax season, here are three quick tips...

Many tax limits that affect businesses are annually indexed for inflation, and a number of them have increased for 2022. Here’s a rundown...

The IRS announced it is opening the 2021 individual income tax return filing season on January 24. (Business returns are already being...

While Congress didn’t pass the Build Back Better Act in 2021, there are still tax changes that may affect your tax situation for this...

Are you planning to launch a business or thinking about changing your business entity? If so, you need to determine which entity will...