Installment Sales Can Be a Win-Win for Buyers and Sellers
For federal income tax purposes, an installment sale is when at least one payment of proceeds from...
Social Security Tax Update: How High Can It Go?
Employees, self-employed individuals and employers all pay the Social Security tax, and the bite...
Help Wanted: Hiring Your Kids to Work for Your Small Business
If you own a small business and have children in high school, technical school or college, you...
QBI Deduction: Use It or (Possibly) Lose It
The qualified business income (QBI) deduction is available to eligible individuals through 2025....
Exploring Alternative Financing Options for Your Business
Access to capital and funding are among the most pressing concerns that CFOs face today. With...
New Twists and Turns Taken by EV Credits
Did you buy an electric vehicle (EV) in 2023? Under the Inflation Reduction Act (IRA), passed late...
Does the Marriage Penalty Still Exist Today?
A couple's tax situation changes when they get married—for better or worse. Here are the most...
Navigating the Risks of Check Fraud
Although digital transactions are growing exponentially, check fraud remains a persistent threat to...
Bask in Tax Breaks for Vacation Home Rentals
Do you own a vacation home in the mountains or near the water where you can enjoy some much-needed...
Can You Claim Your Parent as a Dependent?
If you payover half the cost of supporting a parent, your parent is considered your dependent for...