Suppose you meet a tax practitioner for the first time to manage your tax filing requirements.
If you are a business selling goods and services and get paid through third party settlement organization (TPSO) like PayPal, then be updated, IRS has changed the likelihood….
The safe harbor rule allows cash-basis taxpayers to prepay and deduct qualifying expenses up to 12 months in advance without challenge, adjustment…
Being aware of taxes while gambling is crucial to protect your finances. This post will explain the federal income tax rules for non-professional gamblers.
It is never too late to qualify for Employee Retention Credit or ERC. Once you are eligible and want your money, you need to amend your 2020 and 2021 payroll tax returns.
Create and protect your safe harbor expensing for you, your partnership or corporation with a formal election on your tax return to use the de minimis safe harbor …
There is good news for those buying or leasing personal use electric vehicles, the federal tax credit has been extended through 2023, though it is limited to only electric vehicles that adhere to strict domestic source rules for batteries.
The Section 105 Medical Plan is suitable for single-owned businesses. It creates deductions that were not available earlier
HSAs (Health Savings Accounts) are specifically intended to help with paying medical expenditures. But in a deeper sense, an HSA can easily be….
A Non-Fungible Token is an asset that is purchased and sold digitally. Like any other trading option, individuals have obtained..