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...
Year-End Strategies to Reduce AGI
Reducing your current-year adjusted gross income (AGI) is usually a tax-smart idea. Here are ten...