Knowledge Center

If you donated to charity last year, letters from the charities may have appeared in your mailbox recently acknowledging the donations. But wh..........

Do you want to withdraw cash from your closely held corporation at a minimum tax cost? The simplest way is to distribute cash as a dividend. H..........

If you’re married, you may wonder whether you should file joint or separate tax returns. The answer depends on your individual tax situation.<..........

Many employees — from retail workers to sales staffers involved in complex business-to-business transactions — receive part of their compensat..........

Employer-provided life insurance is a coveted fringe benefit. However, if group term life insurance is part of your benefit package, and the c..........

If your business receives large amounts of cash or cash equivalents, you may be required to report these transactions to the IRS.

Do you play a major role in a closely held corporation and sometimes spend money on corporate expenses personally? These costs may wind up bei..........

The IRS just released its audit statistics for the 2020 fiscal year and fewer taxpayers had their returns examined as compared with prior year..........