Social Security benefits: Do you have to pay tax on them?
Some people who begin claiming Social Security benefits are surprised to find out they’re taxed by the federal government.
Thinking about converting your home into a rental property?
In some cases, homeowners decide to move to new residences, but keep their present homes and rent them out.
Businesses: Prepare for the lower 1099-K filing threshold
Beginning this year, the threshold has dropped significantly for the filing of Form 1099-K,
Businesses may receive notices about information returns that don’t match IRS records
Businesses may receive notices about information returns that don’t match IRS records.
Once you file your tax return, consider these 3 issues
After your 2021 tax return has been successfully filed with the IRS, there may still be some issues to bear in mind. Here are three considerations:
Key Deadlines For Your Business – Q2 2022
Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2022.
Taxable Income & Deductions
Typically, businesses want to delay recognition of taxable income into future years and accelerate deductions into the current year. But when is it prudent to do the opposite? And why would you want to?
New tax reporting requirements for payment apps could affect you
If you run a business and accept payments through third-party networks such as Zelle, Venmo, Square or PayPal, you could be affected by new tax reporting requirements
When inheriting money, be aware of “income in respect of a decedent” issues
“income in respect of a decedent” (IRD) may create a surprising tax bill for those who inherit certain types of property
Making withdrawals from your closely held corporation that aren’t taxed as dividends
Do you want to withdraw cash from your closely held corporation at a minimum tax cost?