What Income Is Taxable?
The answer to the question “what income is taxable?” can have some unpleasant surprises and unexpected outcomes.
Tax Planning
Video Tips: Business Owners, Remember to File Your 1099s
If you pay workers other than employees $600 or more for the year, remember to issue a Form 1099-NEC after the end of year.
Video Tips: Tax Opportunities for Low-Income Years
Is your income lower than usual this year? Here are some tax planning opportunities you should take advantage of.
Year-End Tax Planning Opportunities Are Here
Year-end is rapidly approaching, as are the holidays. So before you become distracted with the seasonal celebrations, it may be in your best interest to consider year-end tax moves that can benefit you for both 2023 and 2024.
Taxes and Holiday Gift Giving
The holiday season is customarily a time to give gifts, whether to your favorite charity, family members or others. Some gifts have tax implications and can even provide a variety of tax benefits but be on the lookout for holiday gift-giving scammers.
Tax Deductions For Content Creators: The Wild Side of Write-Offs
Content creation is a relatively new industry that has unique tax considerations. Learn about the wild side of deductions here.
What You Need to Know about Gift & Estate Taxation
Gift and estate taxes are both part of the federal transfer tax system and are interconnected. Gift tax applies to transfers of wealth during a person’s lifetime. Estate tax, on the other hand, applies to transfers of wealth after a person’s death.
Kiddie Tax – What a Parent Needs to Know
The Kiddie Tax was introduced in 1986 to prevent high-income parents from shifting their investment income to their children, who typically fall into lower tax brackets.
Navigating Taxation and Withholding Requirements for Non-Resident Aliens
As the world becomes increasingly globalized, businesses are expanding their operations across borders, employing individuals from various nationalities.
Going Green: Insights Into Wind and Solar Project Taxation
As wind and solar energy projects become increasingly common in the U.S., state and local tax issues are in the spotlight. Find everything you need to know.