Wednesday, April 02, 2025
For federal income tax purposes, the general rule is that rental real estate losses are passive activity losses (PALs). ... Read More
Wednesday, March 26, 2025
Staying compliant with payroll tax laws is crucial for small businesses. ... Read More
Wednesday, March 19, 2025
Have you ever invested in a company only to see its stock value plummet?... Read More
Wednesday, March 12, 2025
You may wonder if you can claim itemized deductions on your tax return.... Read More
Wednesday, March 05, 2025
If you made significant gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re required to file a 2024 gift tax return.... Read More
Wednesday, February 19, 2025
Businesses in certain industries employ service workers who receive tips as a large part of their compensation.... Read More
Tuesday, February 11, 2025
Chances are, you’re more concerned about your 2024 tax return right now than you are about your 2025 tax situation. ... Read More
Wednesday, February 05, 2025
A variety of tax-related limits that affect businesses are indexed annually based on inflation. Many have increased for 2025, but with inflation cooling, the increases aren’t as great as they have been in the last few years.... Read More
Wednesday, December 18, 2024
Inflation can have a significant impact on federal tax breaks.... Read More
Wednesday, December 04, 2024
You’re not alone if you’re confused about the federal tax treatment of business-related meal and entertainment expenses. ... Read More