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What to Do if You Receive an IRS Letter
Don’t panic and know what to do if you receive an IRS letter. Learn the key steps to take and how to plan your next move.
Maximize the QBI Deduction Before It’s Gone

Maximize the QBI Deduction Before It’s Gone

The qualified business income (QBI) deduction is available to eligible businesses through 2025. After 2025, it’s scheduled to disappear. So, if you’re eligible,

job-loss-tax-implications

A Job Loss Is Bad but the Tax Implications Could Make It Worse

Unemployment has been holding steady recently at 3.7%. But some people are still losing their jobs — particularly in certain industries including technology

option-for-unused-funds-in-a-529-college-savings-plan

New Option for Unused Funds in a 529 College Savings Plan

With the high cost of college, many parents begin saving with 529 plans when their children are babies. Contributions to these plans aren’t

Tax-wise-ways-to-take-cash-from-your-corporation

Tax-Wise Ways to Take Cash From Your Corporation While Avoiding Dividend Treatment

If you want to withdraw cash from your closely held corporation at a low tax cost, the easiest way is to distribute cash

deducting your spouse on a business trip

Taking Your Spouse on a Business Trip? Can You Write Off the Costs?

A recent report shows post-pandemic global business travel is going strong. The market reached $665.3 billion in 2022 and is estimated to hit

2023 ira and sep contribution deadline

If You Didn’t Contribute to an IRA Last Year, There’s Still Time

If you’re gathering documents to file your 2023 tax return and you’re concerned your tax bill may be higher than you’d like, there

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