There is a little-known disaster provision of the tax code that, where if an employer has adopted a leave-based donation program, the employees can fo…
If you are considering earning money from your hobby, it’s important to understand the tax implications. According to the IRS, any income generated from a hobby must be reported on your tax return, but it is not eligible for deductions like business expenses. So how does the IRS determine if your activity is considered a hobby or a business? Watch this video for a brief overview.
If you discover that you forgot something on your tax return, you can amend that return after it has been filed. The need to amend can include a numbe…
When was the last time you or your attorney reviewed or updated your will or trust? If it was some time ago before the passage of substantial tax law …
What happens if your spouse turns out to be a tax cheat, and you signed a joint tax return without realizing it. Can you be held responsible? Learn mo…
Here are the June 2022 Business Due Dates…
With the increasing inflation rate, senior retirees may have a hard time maintaining a positive cash flow for their living expenses. If you are in such a situation, a reverse mortgage may be a good solution for you. Watch this video to find out if you should consider a reverse mortgage.
Here are the June 2022 Individual Due Dates…
With gas prices so high, you need to track your travel costs as closely as possible. Consider getting a tax deduction for your business mileage….
Getting a hold of your medical practice’s cash flow situation may be difficult, but it certainly isn’t impossible – provided that you’re able to keep …
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