Blog

At this time of year, a summer vacation is on many people’s minds. If you travel for business, combining a business trip with a vacation

In many parts of the country, summer is peak season for selling a home. If you’re planning to put your home on the market soon,

If you own a business and have a child in high school or college, hiring him or her for the summer can provide a multitude

When you think about recent tax law changes and your business, you’re probably thinking about the new 20% pass-through deduction for qualified business income or

When it comes to income tax returns, April 15 (actually April 17 for 2018) the only deadline taxpayers need to think about. The federal income

Whether you’re claiming charitable deductions on your 2017 return or planning your donations for 2018, be sure you know how much you’re allowed to deduct.

Repairs to tangible property, such as buildings, machinery, equipment or vehicles, can provide businesses a valuable current tax deduction — as long as the so-called

Did you suffer damage to your home or personal property? If you did, you may be able to deduct these “casualty” losses on your 2017

Home ownership is a key element of the American dream for many, and the U.S. tax code includes many tax breaks that help support this

Normally when appreciated business assets such as real estate are sold, tax is owed on the appreciation. But there’s a way to defer this tax:

Perhaps. It depends on several factors, such as your parent’s income and how much financial support you provided. If you qualify for the adult dependent

Here are some of the key tax-related deadlines affecting businesses and other employers during the second quarter of 2018. Keep in mind that this list

Classifying workers as independent contractors vs. employee — can save businesses money and provide other benefits. But the IRS is on the lookout for businesses

Individual taxpayers who itemize their deductions can deduct either state and local income taxes or state and local sales taxes. The ability to deduct state and local taxes —

Tax credits reduce tax liability dollar-for-dollar, potentially making them more valuable than deductions, which reduce only the amount of income subject to tax. Maximizing available

With bonus depreciation, a business can recover the costs of depreciable property more quickly by claiming additional first-year depreciation for qualified assets. The Tax Cuts

With rising health care costs, claiming whatever tax breaks related to health care that you can is more important than ever. But there’s a threshold