Education is a fringe benefit many businesses provide so their employees can improve their skills and gain additional knowledge. An employee can receive, on a tax-free basis, up
The May 17 deadline for filing your 2020 individual tax return is coming up soon. (Note: Because Texas was declared a natural disaster area in February, Texas residents
In recent months, there have been a number of changes that may affect your individual tax bill. Many of these were enacted to help mitigate the financial damage
Owners of incorporated businesses know there’s a tax advantage to taking money out of a C corporation as compensation rather than as dividends. The reason: A corporation can
The housing market is strong this spring in many parts of the country. If you’re buying or selling a home, you should know how to determine your “basis.”
Are you thinking about setting up a retirement plan for yourself and your employees? Are you worried about the financial commitment and administrative hassles involved in providing a
You must check one of the following filing statuses when you file your tax return: Single, married filing jointly, married filing separately, head of household, or qualifying widow(er).
As a business owner, you should be aware that you can save family income and payroll taxes by putting your child on the payroll. Here are some considerations.
If you have a life insurance policy, you may want to ensure the benefits your family will receive after your death won’t be included in your estate. That
Are you considering buying or replacing a vehicle to use in your business? If you choose a heavy sport utility vehicle (SUV), you may be able to benefit
The new American Rescue Plan Act (ARPA) provides eligible families with an enhanced child and dependent care credit for 2021. This is the credit available for expenses a
Are you thinking of launching a business with partners and wondering what type of entity would be best to form? An S corporation may be the most suitable
Let’s talk about how our experts can help you reach your financial goals.