Check out our latest helpful blogs

If you’re self-employed and don’t have withholding from paychecks, you probably have to make estimated tax payments. These payments must be sent to the IRS on a quarterly

If you’re like many people, you’ve worked hard to accumulate a large nest egg in your traditional IRA (including a SEP-IRA). It’s even more critical to carefully plan

Operating a business as an S corporation may provide several advantages, including limited liability for owners and no double taxation (at least at the federal level). Self-employed people

Many businesses and employers nationwide have received “no-match” letters from the Social Security Administration (SSA) in the past few months. The purpose of these letters is to alert

When a married couple files a joint tax return, each spouse is “jointly and severally” liable for the full amount of tax on the couple’s combined income. This

Bitcoin and other forms of virtual currency (aka cryptocurrency) are gaining popularity. However, many businesses, consumers, employees, and investors are still confused about how they work and how

Years ago, Congress enacted the “kiddie tax” to prevent parents and grandparents in high tax brackets from shifting income (especially from investments) to children in lower tax brackets.

Working from home has its perks. Not only can you avoid commuting, but you might be eligible to deduct home office expenses on your tax return. Deductions for

You may have heard of the “nanny tax.” But did you know that even if you don’t employ a nanny, it may apply to you. Hiring a housekeeper,

The IRS uses Audit Techniques Guides (ATGs) to help their examiners get ready for audits. Your business can use these same guides to gain insight into what the

You may have heard about a proposal in Washington to cut the taxes paid on investments by indexing capital gains to inflation. Under this proposal, the purchase price

The Section 179 depreciation deduction for business property has long provided a tax windfall to businesses, enabling them to claim immediate deductions for qualified assets, instead of taking