Are long-term care (LTC) insurance premiums tax-deductible? It depends. Qualified LTC policies are considered health insurance under federal income tax rul...
One of the items contained in the IRS’s Taxpayer Bill of Rights is the right to finality. Although finality may sound a little obscure, this right is cri...
U.S. businesses that export goods to Canada should prepare for tariffs taking effect Sept. 8, 2026. Canada will impose tariffs of 15%, 25% or 50% on certai...
The IRS has established an Office of Conservation Easements to centralize expertise and coordinate policy, enforcement and case resolution involving conser...
There are many reasons individuals may need to access their tax transcripts. They include the need to file a tax return or apply for a mortgage or loan. In...
The Taxpayer Advocate Service (TAS) is sharing tips for taxpayers who may be eligible for the IRS’s Automatic Exemption from Penalty (AEP) program. You m...
You don’t have to engage with the IRS on your own. The tax agency allows third-party authorizations, meaning you can ask a family member, friend, tax adv...
Do you hold an interest in a business that’s closely held or family owned? If so, a buy-sell agreement should be a component of your estate plan. It esta...
For manufacturers, finding employees with the right skills remains a significant challenge. Positions ranging from machinists and maintenance technicians t...
Shareholders sometimes provide funds to their businesses outside of their initial investment or regular capital contributions. These transfers — commonly...