Chicago’s Property Tax Turmoil
Chicago has been facing significant property tax challenges. Discover how the recent “Mansion Tax” rejection could impact the Windy City.
Tax Planning
How Coverdell and 529 Education Savings Plans Differ
The difference between Coverdell Education Savings Account and the Qualified Tuition Plan.
Proving Noncash Charitable Contributions
For the 10% of taxpayers claiming itemized deductions, the most common tax-deductible charitable donation is that of household goods and used clothing.
Tax benefits available to disabled individuals or dependents
Disabled individuals may benefit from a number of tax provisions. Read more.
Check the Limitations for Gift & Estate Tax This Year
Understand IRS limitations for gift and estate taxes with our expert video tips. Ensure your estate planning strategies are tax-efficient and up-to-date.
Qualified Small Business Stock: Do You Qualify for Its Taxab
IRC Sec 1202, Qualified Small Business Stock (QSBS) gain exclusion, provides a significant tax planning strategy.
Video Tips: Beware of Ghost Preparers
This video gives a brief intro on what to watch out for when choosing a tax professional to avoid unscrupulous ghost preparers.
Video Tips: Time to Prepare for Your 2023 Income Tax Return
With a little advance preparation, taxpayers can approach the upcoming tax season with confidence. Watch this video for what to prepare.
What You Need to Know About Third-Party Tax Authorizations
In the complex world of financial and legal matters, there are times when you may need to authorize a third party to represent you when dealing with the IRS. A third-party representation can be a valuable tool.
Does a Foreign Entity Need a U.S. Identification Number?
It is mandatory for foreign entities that are conducting business in the United States to have an Employer Identification Number (EIN).