Tax time can be one of the most hated times of the year. Just preparing the forms is enough to be an irritant, and if you owe the...

Here are 7 issues you may not be aware of and that can save you tax dollars. If this makes your head spin reach out and we’ll help you...

President Biden released his “American Rescue Plan”. It is a wish list of proposals he wants Congress to enact to address the COVID-19...

The IRS is mailing all recipients of Economic Impact Payments a Notice 1444 that provides information about the amount of their payment,...

After several months of the Republicans and Democrats not being able to agree on additional COVID-related tax relief and other matters,...

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

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

The Paycheck Protection Program (PPP) now allows certain eligible borrowers that previously received a PPP loan to apply for a Second...

After several months of the Republicans and Democrats not being able to agree on additional COVID-related tax relief and other matters,...

After several months of the Republicans and Democrats not being able to agree on additional COVID-related tax relief and other matters,...

After several months of the Republicans and Democrats not being able to agree on additional COVID-related tax relief and other matters,...

After several months of the Republicans and Democrats not being able to agree on additional COVID-related tax relief and other matters,...

An additional round of economic impact payments (EIPs) is included in the legislation but the amount is substantially less than the first...

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

On December 21, Congress passed a much needed COVID-19 relief bill and the President is expected to sign the bill today. The key points...

With an increase in online shopping this year, you’re probably already practicing basic online and mobile safety. But there are some...

The Tax Policy Center has an excellent article regarding phaseouts. As they explain, "preferences in the tax code phase out for...

The IRS’s response to the COVID-19 pandemic has included focused relief from tax penalties, but taxpayers and tax professionals should...

In spite of COVID-19 restrictions many entrepreneurs are considering possible new or additional business opportunities. So, if you are...

Many taxpayers rent out their first or second homes without considering tax consequences. Some of these rules can be beneficial, while...