Tax

Your small- or medium-sized business may be eligible for certain tax breaks that aren’t available to other large businesses. Here...

In an attempt to accomplish the long-standing goal of saving money on their taxes, parents often try to transfer some...

With recent high gas prices, purchases of electric vehicles (EVs) (if you can find one) have increased dramatically this year....

Additional time to make a late portability (or DSUE) election has just been allowed by the IRS. What does this...

If you are someone who recently began receiving disability income you may have asked yourself the question, how will this...

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2022. Keep...

As of 2022, the current estate tax exemption is $12.06 million, allowing many to disregard concerns with federal estate tax....

Finding out your Social Security benefits may be taxable is a surprise to some taxpayers. The answer to the question...

Effective July 1, 2022, the IRS has increased the 2022 standard mileage rate to 62.5 cents per mile. This is...

August 2024 Update: Read our most up-to-date blog on this topic by following this link! Parents and relatives often purchase...

The housing market is sizzling hot right now and has been for the last 18 – 24 months. Home inventories...

The IRS sends notices or letters for a variety of reasons; a change to your return, a balance due, or...