If charitable giving is part of your annual plan, several new tax rules from the One Big Beautiful Bill Act (OBBBA) may impact how much...

On July 4th, President Trump signed a major new tax law: the One Big Beautiful Bill Act  (OBBBA). This new legislation builds upon the...

What You Need to Know The One Big Beautiful Bill Act (OBBBA) has introduced major changes to the long-debated State and Local Tax (SALT)...

On July 4th, President Trump signed a major new tax law: the One Big Beautiful Bill Act  (OBBBA). The new legislation builds upon the...

On July 4th, President Trump signed a major new tax law: the One Big Beautiful Bill Act  (OBBBA). The new legislation builds upon the...

On July 4th, President Trump signed a major new tax law: the One Big Beautiful Bill Act  (OBBBA). This new legislation builds upon the...

On July 4th, President Trump signed a major new tax law: the One Big Beautiful Bill Act  (OBBBA). This new legislation builds upon the...

When tax season rolls around, two terms often cause confusion: Tax Credits vs Tax Deductions . They both reduce your tax bill, but they...

If you want to boost employees’ spirits without significant costs, an awards program is a low-cost fringe benefit, but some tax rules apply.

When it comes to selling your home, proactive tax planning can help you reduce your federal income tax bill. If you have a capital gain...

Health Savings Accounts (HSAs) are tax-advantaged savings vehicles for funding health care expenses not covered by insurance. And for...

As rents continue to rise in many areas, you may decide to help your financially challenged family members by renting a property to them...

Many businesses use independent contractors to help keep their costs down and provide flexibility for short-term needs. But the question...

Among the many challenges of parenthood is childcare for kids when school lets out. Babysitters are one option, or you might consider...

If you check the Internal Revenue Code, you may be surprised to find that most business deductions aren’t specifically listed there. For...

If you're a small-business owner and you hire your children this summer, you may be able to secure tax breaks and other nontax benefits.

If you received a large refund this year, you may want to adjust your withholding. Each year, millions of taxpayers claim an income tax...

Every business wants to cut costs, but it isn't easy. We're talking about clear ways to lower expenses, strengthening cash flow and profits.

Here are some final tax responsibilities to consider when closing down your business.

As a business owner of a C corporation, here are 4 steps to ensure your compensation is "reasonable" for IRS compliance purposes.