May 1, 2020
Hardworking taxpayers have lost millions of dollars and their personal information to tax scams. It’s a problem that’s not going away. Your best defense is to be vigilant and arm yourself with the latest news. Let’s look at three of the top scams circulating right...
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Apr 23, 2020
The Tax Cuts and Jobs Act introduced a new tax-lowering investment tool called Qualified Opportunity Zones (QOZs). Those willing to invest long-term in QOZs receive special tax advantages. But it’s new territory for both investors and developers, and with that new...
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Mar 5, 2020
Running your own business? Small business deductions can really add up for entrepreneurs. And while many business owners are on top of deductions like meals and entertainment, mileage, and payroll taxes, dozens of other deductions can be overlooked. Don’t forget to...
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Feb 4, 2020
Loaning money to family and friends is a tricky business for many reasons. Taxes are among them. Funds received as proceeds of a loan aren’t taxable if the borrower is expected to pay it back. However, the moment some or all of the debt is forgiven (doesn’t need to be...
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Jan 7, 2020
Taxes are fickle. One classification misunderstanding and the IRS could blindside you with a tax or tax rate you weren’t expecting. Small business owners are especially vulnerable since their personal and business assets can be uncomfortably intertwined. The key to...
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Dec 27, 2019
Work from home regularly? Many people do these days. Thanks to technology, an increasing number of executives and business owners find that working from home can be just as productive as heading into the office. You can even get a tax deduction for your home office if...
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