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Business automobiles: How the tax depreciation rules work
Do you use an automobile in your trade or business? If so, you may question how depreciation tax deductions are determined. The rules are...
2 min read
Do you use an automobile in your trade or business? If so, you may question how depreciation tax deductions are determined. The rules are...
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...
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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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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...
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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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If you’re claiming deductions for business meals or auto expenses, expect the IRS to closely review them. In some cases, taxpayers have incomplete...
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A revocable trust — sometimes known as a “living trust” — can provide significant benefits. They include the ability to avoid probate of the assets...
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The credit for increasing research activities, often referred to as the research and development (R&D) credit, is a valuable tax break available to...
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If you donated to charity last year, letters from the charities may have appeared in your mailbox recently acknowledging the donations. But what...
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Many people assume that a Section 529 plan is the ideal college savings tool. But the Roth IRA can also help parents save for college expenses. This...