May 31, 2022
Offering summer job opportunities? Double-check child labor laws Spring has sprung — and summer isn’t far off. If your business typically hires minors for summer jobs, now’s […]
May 31, 2022
Inflation Matters: How to Respond to the Inflation Tax According to a recent SCORE report, almost 2 out of every 3 businesses have seen inflation cut […]
May 30, 2022
Take Advantage of Lower Tax Rates on Investment Income Income from an investment held for more than one year is generally taxed at preferential capital gains […]
May 26, 2022
Businesses may receive notices about information returns that don’t match IRS records The IRS has begun mailing notices to businesses, financial institutions and other payers that […]
May 25, 2022
New tax reporting requirements for payment apps could affect you If you run a business and accept payments through third-party networks such as Zelle, Venmo, Square […]
May 24, 2022
Proposed regs for inherited IRAs bring unwelcome surprises Back in late 2019, the first significant legislation addressing retirement savings since 2006 became law. The Setting Every […]
May 19, 2022
In some cases, homeowners decide to move to new residences, but keep their present homes and rent them out. If you’re thinking of doing this, you’re […]
May 17, 2022
Summer is just around the corner. If you’re fortunate enough to own a vacation home, you may wonder about the tax consequences of renting it out […]
May 12, 2022
Like many people, you may have dreamed of turning a hobby into a regular business. You won’t have any tax headaches if your new business is […]