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...
Year-End Strategies to Reduce AGI
Reducing your current-year adjusted gross income (AGI) is usually a tax-smart idea. Here are ten...
Bonus Depreciation for Your Business: Let’s Review Your Options
First-year bonus depreciation has been around for a while now. However, the Tax Cuts and Jobs Act...