Andrew G. Klapac

Sooner or Later? Picking the Right Start Date for Your Social Security Benefits

Deciding when to start receiving Social Security benefits can be a tough call for seniors. You can start claiming Social Security benefits as early as age 62. But if you want to receive full benefits, you'll need to wait until you reach your full retirement age (FRA), which varies based on when you were born. And, if you wait a little longer, you'll receive even bigger monthly payments.

Work Opportunity Tax Credit Is Set to Expire: What Employers Need to Know

In today's labor market, your business may need to think outside the box to find employees to fill...

Favorable Business Depreciation Tax Changes under New Law

There's good news for businesses considering buying equipment and other capital assets: The One Big...

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...