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Business Tax Deduction Faqs

Business Tax Deduction Faqs

What expenses can my business deduct on its taxes? It’s such a simple question, yet the answer is shockingly complex. No tax situation is one-size-fits-all, and the rules are constantly changing. To offer clarity, we found some of the most “Googled” business deduction...

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Tax Changes For Employee Moving Expenses

Tax Changes For Employee Moving Expenses

Qualified moving expense tax treatment for employees has changed under the Tax Cuts and Jobs Act (TCJA). The transition started in 2018, but taxpayers are still being blindsided by what’s no longer covered. Through 2025, employers must include all moving expense...

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Painful IRS Lessons Continue For Actor Wesley Snipes

Painful IRS Lessons Continue For Actor Wesley Snipes

Actor Wesley Snipes served four years in prison for tax evasion, but it wasn’t enough to wipeout his $23.5 million tax bill. For that, Snipes continues his more than 13-year battle with the IRS, and the hits keep coming. The saga started in 2006 when the IRS...

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Retiring And Your Taxes

Retiring And Your Taxes

If you’re planning on retiring soon, congratulations! Enjoy and celebrate, but also take some time to understand how retiring right now will influence your future tax returns. Click To...

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Retiring & Your Taxes

Retiring & Your Taxes

While taxes, in general, are a constant, tax codes are ever changing. Each year presents a different set of tax implications when it comes to retirement. If you’re planning on retiring soon, congratulations! Enjoy and celebrate, but also take some time to...

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