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Blog Author: Jill Gorney

03/02/2023 |

Money received from a lawsuit or settlement may be tax-free, but only in specific cases

You generally must pay federal tax on all income you receive but there are some exceptions when you can exclude it. For example, compensatory awards and judgments for “personal physical
08/01/2022 | ,

How your small- or medium-sized business can take advantage of three significant tax breaks

Your small- or medium-sized business may be eligible for certain tax breaks that aren’t available to other large businesses. Here are some examples. QBI deduction The “qualified business income” (QBI) deduction allows eligible individuals, trusts, and estates to