The IRS has published its annual Data Book for fiscal year (FY) 2025. It provides a statistical overview of the tax agency’s operations. A few highlights...
According to the U.S. Treasury Dept., 98% of taxpayers receive their IRS refunds electronically. In 2026, direct deposit refunds increased by 14% over 2025...
Employers: A qualified adoption assistance program is a family-friendly benefit worth looking into. It can help your employees manage adoption costs by all...
Financial statements are essential tools for evaluating performance, planning for growth and managing risk. Yet many business owners, board members, donors...
Many parents assume an estate plan is only necessary for older adults or those with substantial wealth. However, once your child turns 18, he or she legall...
Many manufacturers purchase vehicles for business purposes. These can range from service and delivery vehicles to heavy SUVs and pickup trucks for transpor...
An F reorganization can help some companies restructure tax efficiently during succession planning or before a business sale. This type of restructuring is...
Thinking about buying a home this summer? Some costs may be deductible while others aren’t. To claim homeownership tax benefits, you must itemize deducti...
Religious organizations are generally exempt from federal income tax. However, like some other tax-exempt charities, these organizations can be subject to ...
In the U.S. House, a bipartisan group of legislators has proposed a new tax framework for digital assets. The Digital Asset Protection, Accountability, Reg...
