If you play a major role in a closely held corporation, you may sometimes spend money on corporate expenses personally. If you don’t
If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for tax purposes. How
“Thousands of people have lost millions of dollars and their personal information to tax scams,” according to the IRS. The scams may come
If you own an unincorporated small business, you probably don’t like the size of your self-employment (SE) tax bills. No wonder! For 2023,
Government officials saw a large increase in the number of new businesses launched during the COVID-19 pandemic. And the U.S. Census Bureau reports
The IRS recently released its audit statistics for the 2022 fiscal year and fewer taxpayers had their returns examined compared to prior years.
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