Articles page 34 of 91.
- December 15, 2023
New Zealand's U-Turn on Smoking Ban Sparks Backlash
In a surprise move, New Zealand has reversed its first-of-its-kind smoking ban, sparking backlash from public health officials. Learn more.
Read → - December 14, 2023
Does a Foreign Entity Need a U.S. Identification Number?
It is mandatory for foreign entities that are conducting business in the United States to have an Employer Identification Number (EIN).
Read → - December 13, 2023
Safeguarding Your IRS Payments: Defending Against Check Washing Fraud
To protect yourself from IRS tax payment check washing fraud, consider implementing the following safeguards.
Read → - December 12, 2023
What Income Is Taxable?
The answer to the question “what income is taxable?” can have some unpleasant surprises and unexpected outcomes.
Read → - December 11, 2023
How Much Income Would You Give Up to Work Remotely?
Discover the financial benefits of remote work with insights from Stanford economist Nicholas Bloom. Learn how to leverage remote work gains for optimal personal finances.
Read → - December 11, 2023
Video Tips: Business Owners, Remember to File Your 1099s
If you pay workers other than employees $600 or more for the year, remember to issue a Form 1099-NEC after the end of year.
Read → - December 8, 2023
IRS Disallowing 20,000 Employee Retention Credit (ERC) Claims
In its ongoing effort to combat questionable ERC claims, the IRS has sent more than 20,000 letters advising taxpayers that the agency is disallowing their claims.
Read → - December 7, 2023
Understanding Self-Employment Tax
Self-employment tax is a tax consisting of Social Security and Medicare taxes primarily for individuals who work for themselves. It is like the Social Security and Medicare taxes withheld from the pay of most wage earners.
Read → - December 5, 2023
Embracing Your Next Chapter: A Guide for Retirees Returning to Work
Our aim is to help you navigate the tax implications, understand changes to retirement accounts, and make informed decisions about your social security income.
Read → - December 5, 2023
Video Tips: Take Actions to Avoid Getting a Surprise Tax Bill Next Year
It’s time to review your 2023 tax withholding to avoid a potential surprise when you file tax return next year.
Read → - December 4, 2023
Supreme Court Showdown: The Fate of American Wealth Taxes
On December 5, the United States Supreme Court will hear a court case that could hugely impact the American tax code. Learn about wealth taxes.
Read → - December 1, 2023
Healthcare Systems and Controversial Tax Breaks: Everything You Need to Know
Healthcare systems are receiving billions in tax breaks across the country, leading to national debate. Find everything you need to know here.
Read → - November 30, 2023
E-File Mandate - Reporting of Cash Payments Over $10,000
Starting Jan. 1, 2024, businesses are required to electronically file (e-file) Form 8300, Report of Cash Payments Over $10,000, instead of filing a paper return
Read → - November 29, 2023
1099-K Reporting Threshold Last Minute Change
The IRS has announced that the threshold for filing 1099-Ks will not be reduced for 2023 to $600 but instead will not be required unless the taxpayer receives over $20,000 and has more than 200 transactions in 2023.
Read → - November 28, 2023
IRS Expands Requirement to E- File Information Returns Starting in 2024
Some small businesses that previously filed paper information returns because the number of information returns, they had to issue was below the IRS’s 250 return threshold for e-filing, may need to file their 2023 and later year forms electronically,
Read → - November 28, 2023
Video Tips: Tax Opportunities for Low-Income Years
Is your income lower than usual this year? Here are some tax planning opportunities you should take advantage of.
Read → - November 24, 2023
December 2023 Business Due Dates
Here are the December 2023 Business Due Dates
Read → - November 24, 2023
December 2023 Individual Due Dates
Here are the December 2023 Individual Due Dates
Read → - November 22, 2023
Year-End Tax Planning Opportunities Are Here
Year-end is rapidly approaching, as are the holidays. So before you become distracted with the seasonal celebrations, it may be in your best interest to consider year-end tax moves that can benefit you for both 2023 and 2024.
Read → - November 21, 2023
Taxes and Holiday Gift Giving
The holiday season is customarily a time to give gifts, whether to your favorite charity, family members or others. Some gifts have tax implications and can even provide a variety of tax benefits but be on the lookout for holiday gift-giving scammers.
Read → - November 21, 2023
Year-End Prep: 5 Key QuickBooks Online Tasks Before January 1
End 2023 on a high note by completing these five essential QuickBooks Online tasks before January 1, 2024. Full details here.
Read → - November 20, 2023
Demystifying Business Valuations: A Guide for Informed Decision-Making
Gain a comprehensive understanding of business valuations, from their crucial role in transactions to tax reporting, financial planning, and litigation.
Read → - November 20, 2023
Video: Reaching 73 This Year? Remember to Take Your Required Minimum Distributions
The IRS reminded those who were born in 1950 or earlier about the upcoming deadlines for required minimum distributions.
Read → - November 17, 2023
Tax Deductions For Content Creators: The Wild Side of Write-Offs
Content creation is a relatively new industry that has unique tax considerations. Learn about the wild side of deductions here.
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