Even if you or your spouse only attend school part-time, you still may qualify for a tax credit.

During his State of the Union Address before Congress on March 7, 2024, President Biden presented an overview of his tax agenda proposed...

One fundamental financial practice that often gets overlooked yet holds immense importance is the separation of personal and business...

In the wake of a legal victory, understanding the tax implications of your settlement or judgment can be a maze of complexity.

The IRS has issued several warnings urging people to carefully review the Employee Retention Credit (ERC) guidelines before trying to...

Here are the March tax due dates for individuals and businesses.

Here, we examine litter taxes in-depth, comparing them to deposit laws, exploring case studies, and looking at their effectiveness and...

Most US citizens and permanent residents who work in the US must file a tax return if they earn more than a certain amount in a year.

The IRS has announced that collection notices will resume in 2024, with some taxpayers already receiving a reminder letter; the agency...

In remote work, an employee working from a different state can create a nexus, making the employer liable for additional state taxes where..

As people begin to have their 2023 tax returns prepared, this is a reminder to avoid unethical "ghost" tax return preparers.

If you fail to account for the information correctly, you can expect to hear from the IRS or your state tax department in a year or so.

Here are the February tax due dates for individuals and businesses.

This article explores the factors that could lead to an IRS audit for small and medium-sized businesses (SMBs) and provides practical tips..

The tax code allows employers to provide employees with various tax-free fringe benefits. Not all employers will offer all, or even some...

In late 2017, Congress passed the Tax Cuts & Jobs Act of 2017 (TCJA), which made enormous changes to income tax laws outlined here.

We will delve into each of the eight common tax and accounting mistakes, providing insights into why they occur and, more importantly...

Check washing is a multi-step process criminals use to steal money from unsuspecting victims.

The Internal Revenue Service (IRS) has introduced new penalty relief for approximately 4.7 million entities that did not receive automated..

Here are the January tax due dates for individuals and businesses.