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The tax implications of renting out a vacation home
Many Americans own a vacation home or aspire to purchase one. If you own a second home in a waterfront community, in the mountains, or in a resort...
We have prepared a selection of frequently asked questions.
2 min read
Many Americans own a vacation home or aspire to purchase one. If you own a second home in a waterfront community, in the mountains, or in a resort...
2 min read
If your investments have fluctuated wildly this year, you may have already recognized some significant gains and losses. But nothing is decided...
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The Tax Cuts and Jobs Act liberalized the rules for depreciating business assets. However, the amounts change every year due to inflation...
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If your employer provides life insurance, you probably find it to be a desirable fringe benefit. However, if group term life insurance is part of...
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An estimated 190 million Americans have recently been under heat advisory alerts, according to the National Weather Service. That may have spurred...
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More than a million Americans live in nursing homes, according to various reports. If you have a parent entering one, you’re probably not thinking...
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If you play a major role in a closely held corporation, you may sometimes spend money on corporate expenses personally. These costs may end up being...
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If you own a successful small business with no employees, you might be ready to set up a retirement plan. Now a 401(k) might seem way out of your...
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If you and your employees are traveling for business this summer, there are a number of considerations to keep in mind. Under tax law, in order to...
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Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2023. Keep in mind that this list...
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If you’ve successfully filed your 2022 tax return with the IRS, you may think you’re done with taxes for another year. But some questions may still...
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Many businesses use independent contractors to help keep their costs down — especially in these times of staff shortages and inflationary pressures....
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If you’re claiming deductions for business meals or auto expenses, expect the IRS to closely review them. In some cases, taxpayers have incomplete...