When teachers are setting up their classrooms for the new school year, it’s common for them to pay for a portion of their
The S corporation business structure offers several advantages. These include limited liability for owners and no double taxation (at least at the federal
The tax legislation getting the most attention these days is the Tax Cuts and Jobs Act (TCJA) signed into law last December, as
The Tax Cuts and Jobs Act (TCJA) liberalized the eligibility rules for using the cash method of accounting, making this method — which
Converting a traditional IRA to a Roth IRA can provide you with tax-free growth and tax-free withdrawals in retirement. But what if you
There was talk of repealing the individual alternative minimum tax (AMT) as part of last year’s tax reform legislation. However, the repeal wasn’t
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