If you and your spouse operate a profitable, unincorporated small business, you face some unique tax issues. The IRS will generally classify your business ...
If you want to transfer some of your wealth to your adult children or other family members, one of the simplest tools available is the gift tax annual excl...
Selling investment or commercial real estate can trigger a hefty tax bill, but an installment sale may help soften the impact. If you’ve owned the proper...
Are you eligible for refunds of COVID-era IRS penalties and interest? The IRS made it easier to file a protective claim by the July 10, 2026, deadline. Eli...
Tax identity theft can victimize businesses as well as individuals. Perpetrators might file fraudulent returns using your organization’s employer identif...
Qualified charitable distributions (QCDs) let traditional IRA owners age 70½ and older make tax-free distributions directly to eligible charities. QCDs al...
Issuing financial statements that comply with U.S. Generally Accepted Accounting Principles (GAAP) requires significant time, expertise and resources. Alth...
The IRS has issued Notice 2026-40 providing transitional guidance for Qualified Opportunity Zones (QOZs) following recent law changes. The notice clarifies...
It may seem like a daunting task, but you have the right to raise an objection with the IRS and receive a timely response if you disagree with its position...
If you’re getting married, or were recently married, congratulations! Taxes are likely the furthest from your mind, but there are a few tax-related chore...
