News and Updates

New Tax Law Provides 10 Key Breaks for Individual Taxpayers

A recent spending package signed into law by President Trump on December 20 retroactively...

New Spending Law Contains Holiday Surprises

On December 20, President Trump signed into law the annual government spending package, which...

Ensure You Qualify for Charitable Donation Deductions

Giving to charity may provide you with a warm feeling as well as a nice tax break. But you must...

Handle with Care: The Nanny Tax Rules

When you hire a nanny, housekeeper or other domestic worker, pay close attention to the tax rules.

FAQs About Self-Employment Tax

Do you owe self-employment (SE) tax on nonwage income that you collect only occasionally or in a...

What Employers Should Know About HSAs

Health Savings Accounts (HSAs) are a tax-smart way to cover an individual’s uninsured medical...

How to Reduce the Tax Hit on Soon-to-Be-Developed Land

In many places, real estate prices are soaring. That’s good news for owners of undeveloped land in...

Open Enrollment: Make the Most of Your Health Care Benefits Options

It’s open enrollment season at many companies. If you’re lucky enough to work for a company that...

Year-End Tax Planning Moves for Small Businesses

It’s hard to believe 2019 is almost over! It’s been a busy year in many sectors, often forcing...

New Overtime Pay Rules Finalized for 2020

The U.S. Department of Labor (DOL) has issued the long-anticipated final version of its overtime...