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Stay updated on all areas of tax filings and business processes affected by COVID-19
The “Trust Fund Recovery Penalty” is among the more dangerous tax penalties facing business owners and managers with employees. Here’s why.
5 Questions for Your Audit Committee.
Despite a slowdown in real estate sales this spring, many people are still selling their principal residences You may be able to exclude up to $250,00...
The CARES Act, which passed in 2020, includes some retroactive tax relief for businesses. Some provisions may be beneficial on a tax return that hasn’...
Employee benefit plan flexibility — with a catch
If you have medical expenses and you pay Medicare premiums, you know it can be expensive to get the coverage you want. But if you qualify, you can ded...
With only a few weeks left before the extended filing deadline, consider these basic tax season reminders.
In the midst of the COVID-19 crisis, some entrepreneurs are kicking off new businesses. Here’s how start-up expenses must be handled on a federa...
Student loan debt by the numbers
If you’re married and you don’t work outside the home, you still may be able to contribute to an IRA. Here are the rules for spousal IRAs.
A meticulous approach to keeping business records can protect your tax deductions and help make an audit much less painful.
New gardeners have come out of the woodwork this year, looking to create a sustainable food supply in their own backyards. Of course, not everyone has...
5 reasons to make work-from-home permanent
The CARES Act has provided some help for people with student loans. And if you do make some payments this year, you may be able to deduct the interest...
There are many advantages to Health Savings Accounts (HSAs). Here are a few of them, along with the HSA inflation-adjusted amounts for the 2021 calend...