A common question for people planning their estates or inheriting property is: For tax purposes, what’s the “cost” (or “basis”) an individual gets in property that he or
After you’ve filed your 2022 tax return, you may wonder what personal tax papers you can throw away and how long you should retain certain records. You may
Are you thinking of setting up a retirement plan for yourself and your employees, but are worried about the financial commitment and administrative burdens involved, there are a
Summer is around the corner and you may have children looking to earn extra spending money. You can save family income and payroll taxes by putting your child
If you’re an art collector, you may wonder about the tax breaks available to you for donating works of art to charity. Several different tax rules may come
When we prepare your tax return, we’ll check one of the following statuses: Single, married filing jointly, married filing separately, head of household, or qualifying widow(er). Filing a
If you’re starting a business with some partners and wondering what type of entity to form, an S corporation may be the most suitable entity for your new
Missing a tax deadline rarely costs you the most expensive item on its own. What costs you is what comes next: penalties stack, interest compounds, and one missed
Here are some of the key tax-related deadlines for businesses and other employers during the second quarter of 2023. Keep in mind this list isn’t all-inclusive, so additional
Did you make large gifts to your children, grandchildren, or other heirs last year? If so, it’s important to determine if you need to file a 2022 gift
Even though it’s been years since the Tax Cuts and Jobs Act (TCJA) of 2017 was signed into law, it’s still having an impact. Several provisions in the
Have you bought stock in a company that later dropped in value? While you may prefer to forget such an investment, at least you can claim a capital
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