If you donate valuable items to charity, you may be required to get an appraisal. The IRS requires donors and charitable organizations to
The IRS has begun mailing notices to businesses, financial institutions, and other payers that filed certain returns with information that doesn’t match the
You may have dreamed of turning your hobby into a regular business. If so, you wouldn’t be alone. If your new business is
What are the tax consequences of selling property used in your trade or business? Several rules can potentially apply to the sale of
Sometimes homeowners decide to move to new residences, but still keep their present homes and rent them out. If you’re thinking of doing
There are several financial and legal implications when adding a new partner in a partnership. Let’s say you and your partners are planning
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