Innocent Spouse Tax Relief
If you are or were married and filed your federal tax return jointly with your spouse, and you were unaware of potential errors or underreporting on that tax return, you may be eligible for innocent spouse relief.
IRS Provides Employers Way to Withdraw Dubious ERC Claims
As part of a larger effort to protect small businesses and organizations from scams, the IRS has announced the details of a special withdrawal process to help those who filed an ERC claim and are concerned about its accuracy.
The Debate Over Free IRS E-Filing
Explore the pros and cons of a proposed IRS free e-file system, including accessibility, oversight concerns, and impacts on taxpayers and tax pros.
Navigating U.S. Taxation: A Guide for Non-Resident Aliens
As a non-resident alien living and working in the United States, understanding the U.S. tax system can be a daunting task.
A Brief Look into Tax Basics for Start-ups and New Entrepreneurs
Starting a new business can seem overwhelming for new entrepreneurs. Here are a few tax planning to-dos any individual needs to consider when starting their business.
The Significance of Milestones and Responsibilities in Early-Stage Advisor Agreements
A well-crafted advisor agreement serves as the foundation of any successful collaboration. It’s not just a legal document – it’s a roadmap for success.
Obscure and Overlooked Tax Deductions, Credits, and Benefits
As tax time approaches, here are some tax issues that taxpayers frequently overlook, ranging from obscure deductions to overlooked tax credits and benefits.
Mastering the Impact of Rising Interest Rates on Personal Finances: A Comprehensive Guide
Explore the effects of surging interest rates on credit cards, home buying, auto loans, and bank savings. Learn more.
Accountable Plans: A Win-Win for Employers and Employees
An accountable plan provides a way around the TCJA deduction restrictions. It is a reimbursement or allowance arrangement that meets criteria set by the IRS.
Do I pay taxes on profits from selling my Taylor Swift tickets?
Selling tickets at a profit comes with its own set of tax implications. Learn more.