What’s the best accounting method route for business tax purposes?
February 12, 2024
Many businesses have a choice of using cash or accrual accounting for tax purposes. If you’re one of them, which route should you take? Here are the rules.
Filing jointly or separately as a married couple: What’s the difference?
February 7, 2024
Is it better for a married couple to file a joint tax return or file separately? It depends. Here’s a look at the issue.
9 tax considerations if you’re starting a business as a sole proprietor
February 6, 2024
Many new ventures start out as sole proprietorships. Here are nine considerations if you’re operating a business that way.
If you gave to charity in 2023, check to see that you have substantiation
January 31, 2024
Did you make a charitable gift last year and are hoping for a tax break when you file your return? Here are the donation rules to secure a deduction.
The kiddie tax could affect your children until they’re young adults
January 10, 2024
Do you consider 21- or 22-year-olds to be kids? For purposes of the “kiddie tax,” they might be. Here are the rules.
Does your business have employees who get tips? You may qualify for a tax credit
January 8, 2024
If you’re a restaurant owner with employees receiving tips, you may qualify for a lucrative tax break.
