Tax

Do you own a vacation home, cabin, or cottage? With summer just around the corner and the weather warming up,...

Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of...

There is a little-known strategy you can use if you have highly appreciated employer stock in your ex-employer’s retirement account...

Although the job market appears to be booming, some people are still losing or just leaving their current jobs. If...

You may receive a letter from an organization you donated to that acknowledges your contribution in the mail. But what...

If you made large gifts to your children, grandchildren, or other heirs last year, it’s important to determine whether you’re...

Although many believe that services are exempt from sales and use tax, only a few states exempt all services. On...

Recordkeeping is an important part of running any small business. In fact, keeping good records helps business owners make sure...

In response to a renewed IRS focus on S Corporation shareholder basis issues, the IRS has developed a new tax...

Effective for tax years beginning in 2021, the IRS will generally require new Schedules K-2 and K-3 for persons filing...

“Step up” in basis is a strategy that is used for avoiding capital gains taxes when an asset is passed...

The IRS announced it is opening the 2021 individual income tax return filing season on January 24. (E-filed business returns...