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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.
employer-provided-life-insurance

The Tax Consequences of Employer-Provided Life Insurance

If your employer provides life insurance, you probably find it to be a nice fringe benefit. However, if group term life insurance is

Guaranteeing-a-loan-to-your-corporation

Tax Implications Guaranteeing a Loan to Your Corporation

Let’s say you decide to guarantee a loan to your corporation. Before agreeing to act as a guarantor, endorser, or indemnitor of a

using 401(k) for emergencies

Planning Ahead for 2024: Should Your 401(k) Help Employees with Emergencies?

The SECURE 2.0 law was enacted last year and contains wide-ranging changes to retirement plans. One provision in the law is that eligible

deducting student loan interest on your taxes

Can You Deduct Student Loan Interest on Your Tax Return?

The federal student loan “pause” is coming to an end on August 31 after more than three years. If you have student loan

form 8300 for large cash business transactions

Receive More Than $10,000 in Cash at Your Business? Here’s What You Must Do

Does your business receive large amounts of cash or cash equivalents? If it does, you’re generally required to report these transactions to the

tax-break-for-energy-efficient-home-improvements

Pocket a Tax Break for Making Energy-Efficient Home Improvements

An estimated 190 million Americans have recently been under heat advisories, according to the National Weather Service. If you’re one of them, it

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