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...
President Trump has removed the de minimis exemption on low-value trade items. In a nutshell, imported goods valued at $800 or less sent through the intern...
September is National Preparedness Month. The IRS is reminding taxpayers to develop an emergency preparedness plan or to update their existing plan for 202...
Spouses filing joint tax returns are generally both liable for the tax owed. But sometimes a spouse may qualify for innocent spouse relief. In one case, a ...
If you’re considering opening an investment account for your minor child or grandchild to help him or her save for the future, a custodial account can be...
