If your business engages the services of an individual (independent contractor), other than one who meets the definition of an employee, and you pay him or her $600 or more for the calendar year, then you are required to issue that person a…
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Even as recently as a decade ago, most people listened to their radio shows in the exact same way — on the actual radio. Fast forward to today, and the world of podcasting has absolutely exploded, changing the way we think about broadcasting…
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Along with the holidays comes a lot of extra work for many family-run businesses, which may require putting the kids to work and having a spouse help out over the busy time. There are special tax rules when hiring your children and also for…
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As the year draws to a close, we have pulled together a number of tax tips that may be beneficial, some of which need to be acted on before the end the of the year to be useful for 2019.
Education Credit – Since the American Opportunity…
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When was the last time you or your attorney reviewed or updated your will or trust? If it was before the passage of the 2017 tax reform legislation, or the Tax Cuts and Jobs Act (TCJA), your documents may be out of date.
Among the many…
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Don't forget these important December due dates for individual and business filings, reporting, payments, and more.
December 2019 Individual Due Dates
December 2 - Time for Year-End Tax Planning
December is the month to take final…
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Individuals with disabilities as well as parents of disabled children are eligible for a number of income tax benefits. This article explains some of these tax breaks.
ABLE Accounts – A federal law allows states to offer specially designed,…
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As the end of the year and the holiday season approach, we will all see an uptick in the number of charitable solicitations arriving in our mailboxes and by email. Since some charities sell their contributor lists to other charities, frequent…
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Some holiday gifts you provide to members of your family, employees, and others may also yield tax benefits. Here are some examples:
Employee Gifts – It is common practice this time of year for employers to give employees gifts. Although…
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As with everything taxes, the devil is in the details, and that includes the education tax credits, which come in two types with some different rules for each. Many people think the credits are for sending their children to college, which is…
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The 1099-MISC Filing Date Is Just Around the Corner – Are You Ready?
TaxesHere Are the Best Personal Finance Podcasts You May Not Know About
Personal Finance, PodcastsTax Benefits for Holiday Family Employment
Tax TipsHelpful Tax Tips For 2019
Tax TipsIs Your Will or Trust Up-to-Date?
Estate PlanningDecember 2019 Individual Due Dates
Business, TaxesTax Benefits for People with Disabilities
Tax TipsYear-End Tips for Charitable Contributions
Charity, Deductions, Tax PlanningHoliday Gifting with a Tax Twist
Gift Tax, HolidaysTake Advantage of the Education Tax Credits
Education, Tax Credits