With the holiday season upon us, the 2021 tax preparation season will soon follow. With the end of the tax year just around the corner,...

During the holidays, many charities solicit gifts of money or property. This article includes tips for documenting your charitable gifts...

Anyone preparing a tax return for compensation must have a PTIN issued by the IRS, but there are no requirements associated with...

A taxpayer who is in the business of providing family day care in their home may deduct the ordinary and necessary expenses of their...

Congress has provided businesses with a temporary tax break as a means of helping the restaurant industry, which has been devastated by...

Do you own a second home at the beach, in the mountains, or some other getaway location, or are you thinking about buying one? If so,...

Congress passed, and President Trump signed, the Consolidated Appropriations Act, 2021. Included in its approximately 5,600 pages is a...

If you recall, the Tax Cuts and Jobs Act (TCJA), effective beginning in 2018, eliminated the business-related deduction for...