Many small and midsize businesses rely on QuickBooks® for day-to-day bookkeeping. But the platform also offers tools designed to improve efficiency and...
If you made large gifts to family members or heirs last year, you may need to file a 2025 gift return by April 15. So, it’s important to understand wheth...
Expecting a Tax Refund? Filing Early Could Help Your Credit Score
There are plenty of reasons to file your federal income tax return early. For example, e...
A big change is here for noncorporate taxpayers, including sole proprietors, partners in partnerships, members of LLCs taxed as partnerships and S corporat...
Have Foreign Bank Accounts? Don’t Miss the FBAR Deadline
Taxpayers with foreign financial accounts may need to file a Report of Foreign Bank and Financi...
More changes could be coming to the IRS. On Feb. 26, Senate Finance Committee leaders introduced the bipartisan Taxpayer Assistance and Service Act to impr...
If you’re a K-12 teacher, principal, counselor or aide at a state-certified school, don’t forget about the educator expense deduction. In general, you ...
The IRS reminds families that this filing season may offer significant tax-saving opportunities. The Child Tax Credit is up to $2,200 per qualifying child,...
Buying a Business Vehicle in 2026? Know the New IRS Depreciation Limits
The IRS has issued depreciation caps for “luxury” business vehicles placed in ...
New IRS Schedule 1-A Introduced for Additional Deductions
The IRS has released a new Schedule 1-A, “Additional Deductions,” (https://bit.ly/4aLdMRR) t...