The money you spend to run your business must be recorded conscientiously for your taxes and reports. Here’s how to do it.

The Covid-19 pandemic has had a significant impact on the labor market – mandated government lockdowns and workers' and customers' fears....

When discussing taxes, reading tax-related articles or instructions, one needs to understand the basic lingo and acronyms used by tax pro...

While it's usually true that the "rich get richer," a proposed tax code will prove a remarkable exception if the House has its way.

November 2021 Tax Due Dates for Individuals and Businesses

If you had to make a list of some of the most critical elements of running a business that most new entrepreneurs don't think enough about..

Though everybody wants their money to grow, few people understand the best way to make that happen. It’s all about where you choose to put..

Taxes are like vehicles in that they sometimes need a periodic check-up to make sure they are performing as expected, and if ignored, can...

Though it's natural for management to focus on its profit-making areas, the importance of a sound accounting foundation to support the ope..

Married taxpayers have two options when filing their 1040 or 1040-SR tax returns. The first and most frequently used filing status is...

Not to overstate the obvious, but the last 18 months have seen significant modifications in how most Americans spend their money. Without v

October 2021 Due Dates for Individuals & Businesses

If you are a small business owner, chances are good you’re paying more attention to your accounts receivables and deliverables than to...

All too often, taxpayers wait until after the close of the tax year to worry about their taxes and miss opportunities to reduce their tax...

If you have children under the age of 18, by now, you likely have gotten your first Advance Child Tax Credit payment, either by check or by

September 2021 Due Dates for Individuals & Businesses

If you are an employer looking for an attractive employee benefit that lets you plan contributions around your revenues, consider a 401(K) p

Whether your Social Security benefits are taxable (and, if so, the amount that is taxed) depends on a number of issues. The following facts

Anyone preparing a tax return for compensation must have a PTIN issued by the IRS. But, there are no requirements associated with obtaining

The IRS recently extended leave donations through 2021. Check with your employer to see if they are participating and for more details. It i