If you’re getting married, or were recently married, congratulations! Taxes are likely the furthest from your mind, but there are a few tax-related chore...
AI companies would be subject to a one-time tax equal to 50% of their outstanding equity interests if a bill proposed by U.S. Senator Bernie Sanders (I-VT)...
Many people wait until year end to think about tax-deductible charitable donations. But summer is a great time to clean out your closets and donate clothin...
If an aging parent or loved one becomes physically or mentally unable to care for themselves and moves into a licensed care facility (such as a nursing hom...
The National Taxpayer Advocate reports that most taxpayers had a smooth 2026 filing season, primarily due to continued IRS progress in transforming its IT ...
Hiring seasonal employees can help businesses meet peak demand, but it also comes with important tax responsibilities. Employers must verify work eligibili...
If you rent out your primary or secondary residence for no more than 14 days this year, you may be eligible for a tax break known as the “Augusta rule....
The IRS has turned to the American Institute of CPAs (AICPA) for help identifying taxpayers who may have received IRS Notice CP53E in error. CP53E asks tax...
Summer often brings yard sales, storage cleanouts and online sales of unwanted items. If you receive payments through third-party payment apps or online ma...
Pets can provide business tax advantages. It’s true! Your business may be able to deduct the cost of “employing” cats and dogs, so long as the animal...