FAQs on the General Business Credit
The general business credit (GBC) may help certain small businesses cut their federal income tax...
Court Rules Corporate Reporting Law is Unconstitutional but Requirements Remain
Under the Corporate Transparency Act (CTA), many businesses had to begin complying with new...
Protecting Your Privacy from Trigger Leads
Applying for a residential mortgage loan can be time consuming and stressful. And nowadays, home...
Should Married Couples File Jointly or Separately?
Once you're married,you have two options when it comes to filing your annual federal income tax...
Examine 6 Factors to Classify Workers as Employees or Independent Contractors
In January 2024, the U.S. Department of Labor (DOL) issued its long-awaited final rule related to...
Key Rules for Home Office Deductions
Do you work from home all or part of the time? If you're self-employed and meet certain...
Withdrawing Cash from Your C Corporation
C corporation ownersoften need to take cash out of the business to pay personal expenses or to...
Do You Qualify for the Favorable HOH Status?
The head of household (HOH) federal tax filing status is often misunderstood by taxpayers who might...
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...