If you’re a business owner, the idea of turning a vacation into a tax-deductible trip is undoubtedly appealing. However, making this happen requires careful planning […]
Saving for retirement is a top priority for many, but high-income earners often find themselves bumping up against contribution limits for tax-advantaged accounts like the […]
Planning for your child’s education is a priority for many parents, and Section 529 plans have long been a favored tool. These tax-advantaged savings plans […]
In the realm of small business management, accounting stands as a critical pillar of financial health and operational success. As a business owner, navigating the […]
The Form 1041 due date is approaching, and it’s imperative to understand how to handle this information correctly. This will help you avoid issues you […]
Despite media narratives, America’s wealthiest households foot the nation’s tax bill. In fact, the top 1% of earners account for more than 40% of all […]
As a small business owner, you are responsible for managing all aspects of your business, including taxes. Taxes can be a burden on small business […]
With so many people working from home, there’s a lot of talk about the home office deduction. The big question is: are you eligible for it? […]
According to research by Lawrence Katz, Alan Kruger, and the U.S. Bureau of Labor Statistics, there are between 6.9 to 9.6 percent of independent contractors in the workforce. […]
Yes, Uncle Sam wants what’s owed. But, it’s not all bad! When it comes to gift tax limits, there are some IRS rules to follow […]