January 19, 2024 There’s A New Threshold For Electronically Filing Information Returns Businesses that file 10 or more information returns must now file them electronically. Read More
January 19, 2024 Answers To Your Tax Season Questions When will my 1099 forms arrive and when is the best time to file my tax return? Here’s the answer … Read More
July 31, 2023 Nonprofits: Special Events Call For Tax Planning Nonprofits need to incorporate tax planning into their special event preparations. For any event, tracking revenue and expenses is critical. Read More
July 21, 2023 Inheriting Stock Or Other Assets? You’ll Receive A Favorable “Stepped-Up Basis” When planning your estate or inheriting assets, it’s essential to understand the “step-up and step down” basis rules. Read More
July 20, 2023 That Email Or Text From The IRS: It’s A Scam! Criminals keep coming up with new ways to try and steal information from taxpayers. Here are a few of their … Read More
June 23, 2023 Virtual Currency Lands In The IRS’s Crosshairs If you do business with virtual currency, it’s time to bone up on related tax requirements. The IRS is paying … Read More
April 18, 2023 Paperwork You Can Toss After Filing Your Tax Return Want to do some spring cleaning and get rid of tax documents? You don’t want to clear out records that … Read More
February 6, 2023 Retirement Plan Early Withdrawals Breaking into a retirement plan before age 59½ may result in a penalty tax. But there are exceptions. Here are … Read More
November 3, 2021 Factor Taxes If Relocating To Another State In Retirement Moving closer to family members and taking advantage of warmer weather are just two reasons why many people retire to … Read More
October 26, 2021 You May Owe “Nanny Tax” Even If You Don’t Have A Nanny In 2021, if you pay a household worker cash wages of $2,300 or more, you must withhold and pay Social … Read More
October 14, 2021 Nonprofit Restructuring Has Become Easier, But Not Without Challenges In the past, nonprofits that wanted to merge with another entity or enter into a joint venture faced a difficult … Read More
October 13, 2021 Vacation Home: How Is Your Tax Bill Affected If You Rent it Out? A special federal income tax break is available if you rent your vacation home for less than 15 days during … Read More
