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Use the tax code to make business losses less painful
Whether you’re operating a new company or an established business, losses can happen. The federal tax code may help soften the blow by allowing...
We have prepared a selection of frequently asked questions.
2 min read
Whether you’re operating a new company or an established business, losses can happen. The federal tax code may help soften the blow by allowing...
2 min read
If you’ve received, or will soon receive a significant inheritance, it may be tempting to view it as “found money” that can be spent freely. But...
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4 tax challenges you may encounter if you’re retiring soon Are you getting ready to retire? If so, you’ll soon experience changes in your lifestyle...
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If you itemize deductions on your tax return, you may wonder: What medical expenses can I include? The IRS recently issued some frequently asked...
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If you’re a crypto investor or user, you may have noticed something new on your tax return this year. And you may soon notice a new form reporting...
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Building flexibility into your estate plan using various strategies is generally advised. The reason is that life circumstances change over time,...
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You generally must pay federal tax on all income you receive but there are some exceptions when you can exclude it. For example, compensatory awards...
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Have you bought stock in a company that later dropped in value? While you may prefer to forget such an ill-fated investment, at least you can claim a...
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Most retirement plan distributions are subject to income tax and may be subject to an additional penalty if you take an early withdrawal. What’s...
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An array of tax-related limits that affect businesses are indexed annually, and due to high inflation, many have increased more than usual for 2023....
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A new law was recently signed to help Americans save more for retirement, although many of the provisions don’t kick in for a few years. The Setting...