If your business involves the production, purchase or sale of merchandise, your inventory accounting method can have a significant impact on your tax
Donations to qualified charities are generally fully deductible, and they may be the easiest deductible expense to time to your tax advantage. After
A tried-and-true estate planning strategy is to make tax-free gifts to loved ones while you’re still alive, because it reduces potential estate tax
Whether you didn’t save as much for retirement as you would have wished earlier in your career or you’d like to make the
You may be aware of the rule that allows businesses to deduct bonuses employees have earned during a tax year if the bonuses
In order to take advantage of two important depreciation tax breaks for business assets, you must place the assets in service by the
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