Articles page 35 of 91.
- November 16, 2023
What You Need to Know about Gift & Estate Taxation
Gift and estate taxes are both part of the federal transfer tax system and are interconnected. Gift tax applies to transfers of wealth during a person's lifetime. Estate tax, on the other hand, applies to transfers of wealth after a person's death.
Read → - November 16, 2023
Converting Personal Vehicles to Business Use: A Comprehensive Guide
As a taxpayer and business owner, you may be considering converting your personal vehicle to business use.
Read → - November 14, 2023
Employers, Don't Miss Out on the Work Opportunity Credit
The Taxpayer Certainty and Disaster Tax Relief Act of 2019 extended the Work Opportunity Tax Credit (WOTC) allowing employers who are willing to help disadvanta
Read → - November 14, 2023
Smart Strategies for Building and Expanding Your Nest Egg
Discover expert-backed savings hacks that empower you to build and expand your nest egg. From automated contributions to tax-savvy investments, unlock the keys to financial security.
Read → - November 13, 2023
Video Tips: Tax & Holiday Gifts for Employees
It is common practice during the holidays for employers to give their employees gifts, but there are tax implications. Watch this video to learn more.
Read → - November 10, 2023
What to Do When You've Made a Mistake on Your Tax Return
Acknowledging a mistake on your tax return is the first crucial step. Learn the next steps.
Read → - November 9, 2023
IRS Offering a Withdrawal Process for Ineligible ERC Claims
The IRS has created a withdrawal option to help small business owners and others who were pressured or misled by ERC marketers or promoters into filing ineligible claims.
Read → - November 8, 2023
Cracking the (Tax) Code: Your Guide to Tax Jargon
A plain-English guide to common tax terms, from AGI and W-2s to deductions, credits, and filing status.
Read → - November 7, 2023
Kiddie Tax – What a Parent Needs to Know
The Kiddie Tax was introduced in 1986 to prevent high-income parents from shifting their investment income to their children, who typically fall into lower tax brackets.
Read → - November 6, 2023
Video Tips: Novel Way for Taxpayers to Donate to Maui Wildfire Relief
Employees can now donate their unused paid vacation time, sick leave, and personal time off to qualified Maui wildfire relief charities through their employers.
Read → - November 3, 2023
Navigating the Legacy: A Comprehensive Guide to Estate Planning for Baby Boomers
Discover the critical steps to safeguard your family's financial future. Learn how to address common challenges, from unpaid debts to tax issues, and create a comprehensive estate plan for lasting peace of mind.
Read → - November 2, 2023
Navigating Taxation and Withholding Requirements for Non-Resident Aliens
As the world becomes increasingly globalized, businesses are expanding their operations across borders, employing individuals from various nationalities.
Read → - November 1, 2023
2024 State Business Tax Climate Index: Complete Analysis
Find a comprehensive analysis of the Tax Foundation’s 2024 State Business Tax Climate Index. A must-read for all small business owners and prospective business owners.
Read → - October 31, 2023
IRS Alters Audit Focus
The IRS received additional funding with the passage of the Inflation Reduction Act and plans on using some of it to improve taxpayer compliance through a new audit focus that will begin in fiscal year 2024.
Read → - October 30, 2023
Video Tips: Unlock Extra Tax Deductions-Beyond The Standard
Did you know there are above-the-line deductions that you may be eligible for on top of your standard deductions? Watch this video to find out.
Read → - October 26, 2023
A Tax Twist on Your Favorite Game Show
If you like game shows and the excitement that goes with watching contestants win prizes, consider how the contestants will handle the IRS Form 1099-MISC they receive for the value of the items they won.
Read → - October 24, 2023
Streamline Your Business Finances: QuickBooks Online Fund Recording Tips
QuickBooks Online is an excellent resource for small business owners. Find helpful fund recording tips in this guide.
Read → - October 23, 2023
November 2023 Business Due Dates
The November 2023 Business Due Dates
Read → - October 23, 2023
November 2023 Individual Due Dates
The November 2023 Individual Due Dates
Read → - October 23, 2023
Video Tips: Avoid Scammers Targeting Your Charitable Donations
Scammers solicit donations to fake charities and can pose as employees of legitimate charities or federal agencies to dupe disaster victims trying to get disaster relief.
Read → - October 23, 2023
Innocent Spouse Tax Relief
If you are or were married and filed your federal tax return jointly with your spouse, and you were unaware of potential errors or underreporting on that tax return, you may be eligible for innocent spouse relief.
Read → - October 20, 2023
Flash – IRS Provides Employers Way to Withdraw Dubious ERC Claims
As part of a larger effort to protect small businesses and organizations from scams, the IRS has announced the details of a special withdrawal process to help those who filed an ERC claim and are concerned about its accuracy.
Read → - October 18, 2023
The Battle Over Free IRS E-Filing: Pros and Cons
Explore the pros and cons of a proposed IRS free e-file system, including accessibility, oversight concerns, and impacts on taxpayers and tax pros.
Read → - October 17, 2023
Navigating U.S. Taxation: A Guide for Non-Resident Aliens
As a non-resident alien living and working in the United States, understanding the U.S. tax system can be a daunting task.
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