The Deductibility of Corporate Expenses Covered by Officers or Shareholders
Do you play a major role in a closely held [...]
There’s Currently a “Stepped-Up Basis” if You Inherit Property — but Will it Last?
If you’re planning your estate, or you’ve recently inherited assets, [...]
Can Taxpayers Who Manage their Own Investment Portfolios Deduct Related Expenses? It Depends
Do you have significant investment-related expenses, including the cost of [...]
IRS Audits May be Increasing, so be Prepared
The IRS just released its audit statistics for the 2020 [...]
Eligible Businesses: Claim the Employee Retention Tax Credit
The Employee Retention Tax Credit (ERTC) is a valuable tax [...]
Seniors May be Able to Write Off Medicare Premiums on Their Tax Returns
Are you age 65 and older and have basic Medicare [...]
Tax-Favored Ways to Build Up a College Fund
If you’re a parent with a college-bound child, you may [...]
Retiring Soon? 4 Tax Issues You May Face
If you’re getting ready to retire, you’ll soon experience changes [...]
Hiring Your Minor Children This Summer? Reap Tax and Nontax Benefits
If you’re a business owner and you hire your children [...]
