How to Properly Report Your Company’s COGS
Do you own a business that manufactures or sells physical goods? For these businesses, accurate...
What Are the Tax Implications of Gold and Other Precious Metal Investments?
To hedge against stock market volatility and inflation, some IRA owners and investors put money...
Recent Survey Highlights Financial Struggles among Retirees
Fewer than one-quarter of currently retired people feel "very confident" they'll maintain a...
How to Trim Your 2024 Taxes by Contributing to a Retirement Plan in 2025
Many types of retirement plans allow contributions to be made after year end. And last-minute...
C Corporations: Tax Issues to Consider When Closing a Business
Are you thinking about closing your business? Rising prices, labor shortages, fluctuating demand...
7 Tax Breaks for Business Buildings
Businesses are returning to their regular work premises in droves. About 65% of U.S. businesses...
IRS Targets Partnership Tax-Reduction Tactic
The IRS recently announced the launch of a new multistage regulatory initiative intended to close...
Business Owners: Expiration Date Is Approaching for Certain TCJA Provisions
The Tax Cuts and Jobs Act (TCJA) included many important federal income tax provisions that affect...
Seniors: You Might Not Want to Sell that Highly Appreciated Home
In recent years, the residential real estate markets in many areas have surged. That means there...
Computing Tax Basis Counts when Selling a Highly Appreciated Home
Residential real estate prices in many markets have surged over the last few years. As a homeowner,...