During tax season comes warnings from the IRS and many tax agencies for small businesses to be on-guard against a growing wave of identity theft and W-2 scams. Yes, businesses too can fall victim [...]
Once you turn 50, and especially after age 65, or are retired, you can qualify for tax breaks to help minimize your tax burden. If you or a loved one fall into these categories, here are seven of [...]
There is a lot of confusion surrounding the new Section 199A Qualified Business Income Deduction. Let’s try to shed light on this new rule. What is QBI? The qualified business income (QBI) [...]
The sweeping tax plan that Congress passed last December includes lower tax brackets and a nearly doubling of the standard deduction. But plenty of taxpayers who are starting their tax planning [...]
Beyond football season and fall festivities, it’s also a perfect time to take advantage of all the tax knowledge and tools at your disposal before December 31st. Pre-planning now will help you to [...]