Despite frequent IRS warnings, taxpayers continue to fall victim to fraudulent tax scams spread on social media. The scams may relate to the Fuel Tax Credi...
Employers who hire new workers may qualify for a tax benefit, but they shouldn’t wait too long. The Work Opportunity Tax Credit (WOTC) is a valuable one-...
Although most disaster preparation information is aimed at individuals, businesses also need emergency plans. Your first concern should be planning to safe...
The Congressional Budget Office (CBO) says that changes to the premium tax credit (PTC) will likely increase the number of uninsured Americans. Because the...
You shouldn’t rely on gut instinct when making major business decisions, such as launching a new product line, investing in new equipment or changing you...
The IRS could face additional funding cuts this fall. Lawmakers have until the end of the fiscal year (Sept. 30) to pass legislation to continue funding th...
What does tax debt have to do with your passport? Seriously delinquent tax debt (SDTD) can put your passport at risk, unless an exception applies. In 2025,...
As a reminder, beginning Sept. 30, 2025, the federal government will no longer issue paper checks, including those for tax refunds, Social Security benefit...
The U.S. Treasury Dept. has released a draft list of occupations it proposes to be eligible for a federal tax break on tips. The list contains 68 jobs, bro...
The One Big Beautiful Bill Act (OBBBA) reinstates immediate deductions for domestic research and experimental (R&E) costs beginning in 2025. The IRS has is...
