You may be familiar with estate planning documents such as an advance health care directive (sometimes referred to as a “living will”) and a health car...
Sending Money Overseas? Here's How to Avoid the New 1% Excise Tax If you’re sending money abroad, beware of a possible 1% excise tax. Effective Jan. 1, 2...
IRS Releases 2027 ACA Affordability Threshold: What Employers Need to Know The IRS has announced Affordable Care Act (ACA) indexing adjustments for 2027. F...
Are Your Business Expenses Tax Deductible? Here's What the IRS Looks For How do you know if a business expense is tax deductible? The tax code says you can...
The IRS is reminding taxpayers that an effective way to combat tax-related identity theft is to sign up to receive an Identity Protection Personal Identifi...
Making a Loan to Family or Friends? Don't Overlook the Tax Rules Making a personal loan to a family member or friend can create unexpected tax issues. If t...
Looking beyond stocks and mutual funds for your retirement savings? A self-directed traditional or Roth IRA offers more flexibility by allowing investments...
IRS Tax Liens Are Rising: What Every Taxpayer Needs to Know IRS tax liens are on the rise. The agency filed more than 214,000 federal tax lien notices in f...
The IRS has increased the 2026 cents-per-mile rates for calculating tax-deductible vehicle operating costs due to rising fuel costs. Effective July 1, 2026...
A common tax-related question is whether an employee working remotely from home qualifies for a home office tax deduction. The answer is “no.” But busi...