Congress Allowing Higher Medical Deductions for 2019 and 2020
Medical expenses are deductible as an itemized deduction but only to the extent they exceed a percentage of a taxpayer’s adjusted gross income (AGI). For
The Difference Between an Audit, a Review, and a Compilation
There are key differences between compilations, reviews, and audits – and they’re important to know when it’s time for financial documents to
Budget Tips for Covering A Surprise Tax Bill
If this tax season brings you a large, unexpected tax bill, these are the steps you should take to ensure you don’t get into further trouble with the IRS.
Make 2020 Your Year to Save Big
Unlock savings for your small business in 2020. Explore key strategies and tips to reduce expenses and keep more of your money.
Video Highlights of Recent Tax Law Changes
Video: Tax changes that may affect your 2019 tax return
Above-the-Line Education Tax Deduction Reinstated
Looking back a few years, a taxpayer who had higher education expenses could generally take advantage of four* possible tax benefits: an itemized deduction if t
Video Tips on Working with a Cofounder
The number-one threat to your business isn’t an external factor at all. It’s the people you’ve cofounded that business with. Learn more.
2020 Standard Mileage Rates Announced
Find out the 2020 standard mileage rates for business, medical, and moving expenses. Ensure you’re using the correct rates for accurate tax deductions.