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Stay updated on all areas of tax filings and business processes affected by COVID-19
In some cases, a married couple files a joint tax return and one spouse doesn’t disclose all of his or her income. The IRS goes after the other spouse...
With changes to the tax code for 2021—many because of the COVID-19 pandemic—now is the time to get your tax season ducks in a row while you have the l...
Employees pay Social Security tax on their wages up to the current tax year’s “wage base.” The Social Security Administration just announced the base...
The passive activity loss rules can be complex and trip up some taxpayers. Here are the rules.
While it’s important to be kind to yourself, make the extra effort in 2021 to look outward and take care of those around you as well. Here’s to a bett...
If your business has a website, you need to understand the importance of content.
In most cases, points a buyer pays in a home sale are a tax deductible interest expense. But what about seller-paid points?
The tax rules for treating computer software costs can be complex. Here’s a basic explanation.
The science of gratitude has proven that practicing gratitude on a regular basis can change your brain, resulting in increased happiness, improved hea...
Back to school in the COVID-19 era may mean remote learning for your college student. But parents may be able to take advantage of one of these tax br...
Your business likely has a website. How do you treat the costs involved in developing your site for tax purposes? Here are the general rules.
If you plan to attend a conference soon, chances are it will be a virtual event. Here are some tips to get the most from your experience.
After paying into Social Security for all your working years, you may be surprised to learn that the benefits may be taxed in retirement. Here are the...
The IRS has issued guidance to implement the deferral of the employee share of Social Security tax. But employers still have questions and concerns ab...
Even with summer in the rearview mirror, there are lots of opportunities to get out of the house and enjoy activities.