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Discover if you qualify for “head of household” tax filing status
When we prepare your tax return, we’ll check one of the following filing statuses: single, married filing jointly, married filing separately, head of...
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When we prepare your tax return, we’ll check one of the following filing statuses: single, married filing jointly, married filing separately, head of...
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When it’s time to consider your business’s future, succession planning can protect your legacy and successfully set up the next generation of leaders...
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Prior to the enactment of the Tax Cuts and Jobs Act (TCJA), businesses were able to claim a tax deduction for most business-related interest expense....
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Inflation can have a significant impact on federal tax breaks. While recent inflation has come down since its peak in 2022, some tax amounts will...
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As a business owner, you may travel to visit customers, attend conferences, check on vendors and for other purposes. Understanding which travel...
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You don’t have to be in business to deduct certain vehicle expenses When you think about tax deductions for vehicle-related expenses, business...
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Electric vehicles (EVs) have become increasingly popular. According to Kelley Blue Book estimates, the EV share of the vehicle market in the U.S. was...
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Believe it or not, there are ways to collect tax-free income and gains. Here are some of the best opportunities to put money in your pocket without...
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Having a high income may mean you owe two extra taxes: the 3.8% net investment income tax (NIIT) and a 0.9% additional Medicare tax on wage and...
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Let’s say you own real estate that has been held for more than one year and is sold for a taxable gain. Perhaps this gain comes from indirect...
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After experiencing a downturn in 2023, merger and acquisition activity in several sectors is rebounding in 2024. If you’re buying a business, you...
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There are several financial and legal implications when adding a new partner to a partnership. Here’s an example to illustrate: You and your partners...
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Unemployment has been holding steady recently at 3.7%. But there are still some people losing their jobs — particularly in certain industries...