Taxes on Sale of Gifted Property: What you need to know
You’ve received a gift of property. It’s important to learn about the tax consequences if you decide to sell that property. In the event of…
You’ve received a gift of property. It’s important to learn about the tax consequences if you decide to sell that property. In the event of…
With the Biden administration discussing changes to the tax code, it makes sense to consider creating a family legacy, like a dynasty trust, for your…
With escalating prices and the era of COVID-19, Installment sales may be a good way to attract buyers even if they don’t the ability to…
It’s that time of year when wedding bells are ringing. After the honeymoon is over, what do the newly married need to do for taxes?…
If you’ve decided to close a business, it’s important to take care of your Federal tax obligations. Company owners can mistakenly think that because the…
This year, the IRS will audit hundreds of thousands of tax returns. One in 100 businesses will be audited. The easiest way to survive a…
You’ve just heard from someone claiming to be from the IRS. Now what? How can you tell if this person is legit or a scammer?…
According to MJBizDaily.com, the IRS put much of its routine work on the back burner, including audits, enforcement and collections during the coronavirus pandemic. However,…
Many customers ask us if they can deduct club dues. It’s a logical question, especially since you may entertain customers at your club. Many feel…
It’s late in the tax season, and you might be scrambling to gather receipts and documentation to prepare your tax returns. According to the IRS,…