To help struggling taxpayers affected by the COVID-19 pandemic, the IRS has issued a notice, which provides penalty relief to most people...

On August 24, President Biden announced a three-part plan to deal with student loan debt which includes, among other things, $20,000 in...

If you pay attention to the financial news, you've likely heard that we may — or may not — be in the midst of a recession. While experts....

Mid-year is the perfect time for tax planning. The following are some events that can affect your tax return.

On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022. This article will explore how these provisions will impact..

Here are the September 2022 Due Dates for Individuals and Businesses.

As a small business owner, you should always seek legitimate ways to minimize your taxes.

Expanding your family? Whether you’re in the planning stages or your bundle of joy has already arrived, raising a child is one of life’s...

Some people may choose not to file a tax return because they didn't earn enough money to be required to file, but these folks may miss...

Here are the August 2022 Due Dates for Individuals and Businesses.

The United States economy is nothing if not cyclical - which can be a good thing or a bad thing depending on when, exactly, you're trying...

Tax law requires individuals who have reached age 72 to begin taking minimum distributions from their traditional IRA accounts.

The word "audit" tends to strike fear in the hearts of American taxpayers, but the truth is that not every audit is a result of a problem...

Every small business — whether a respected local mom-and-pop retailer, a startup tech company or an online venture — has accounting and...

This is the time of year for many couples to tie the knot. When you marry, here are some post-marriage tips to help you avoid stress at...

When was the last time you or your attorney reviewed or updated your will or trust? If it was sometime before the passage of...

Here are the July 2022 Due Dates for Individuals and Businesses.

With gas prices so high, you need to track your travel costs as closely as possible. Consider getting a tax deduction for your business...

If you discover that you forgot something on your tax return, you can amend that return after it has been filed. The need to amend can...

If an employer has adopted a leave-based donation program, there is a little-known disaster provision in the tax code.