Is it time to close your small business? Unfortunately, closing isn't as simple as handing over the keys to a landlord or even selling a building you own. You still have various responsibilities to meet as you wind down, including some tax and legal obligations.
It's hard to believe that 2023 is already half over. Although summer is a time for vacations and...
Federal income tax deductions for taxpayers who use passenger autos more than 50% for business were...
Active duty service members, veterans and their families deserve our gratitude for their sacrifices...
If you rent out a second home—or part of your main residence—you may be unclear about whether you...
It's common for couples who divorceto sell their homes. Not only does this move give former...
The Tax Cuts and Jobs Act (TCJA) limitsitemized deductions for state and local tax (SALT) payments...
In a statement posted to its websiteon February 3, 2023, the IRS asked certain taxpayers to...
It's that time of yearagain: tax season. Temporary tax relief measures that were provided during...
Every year, the United States experiences natural and manmade disasters, ranging from hurricanes...