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Spouse-run businesses face special tax issues
Do you and your spouse together operate a profitable unincorporated small business? If so, you face some challenging tax issues.
We have prepared a selection of frequently asked questions.
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Do you and your spouse together operate a profitable unincorporated small business? If so, you face some challenging tax issues.
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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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Many homeowners across the country have seen their home values increase in recent years. According to the National Association of Realtors, the...
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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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If you operate your small business as a sole proprietorship, you may have thought about forming a limited liability company (LLC) to protect your...
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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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Let’s say you own highly appreciated land that’s now ripe for development. If you subdivide it, develop the resulting parcels and sell them off for a...
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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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“Thousands of people have lost millions of dollars and their personal information to tax scams,” according to the IRS. The scams may come in through...
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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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Government officials saw a large increase in the number of new businesses launched during the COVID-19 pandemic. And the U.S. Census Bureau reports...
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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...