Tax news for investors and users of cryptocurrency
May 5, 2023
The IRS is asking more questions about cryptocurrency and digital assets and will soon be learning more information about those who invest in and use them.
The IRS clarifies what counts as qualified medical expenses
May 2, 2023
Can you deduct a gym membership as a medical expense on your tax return? What about nutritional supplements? The IRS recently answered these and other questions.
Protect the “ordinary and necessary” advertising expenses of your business
April 27, 2023
How does a business know if advertising and marketing expenses are “ordinary and necessary” so they can be deducted on its tax return? Here’s a look at the issue.
Take advantage of the rehabilitation tax credit when altering or adding to business space
April 18, 2023
The federal tax code encourages businesses to invest in historic buildings with a tax credit. Here are the rules.
Some taxpayers qualify for more favorable “head of household” tax filing status
March 28, 2023
You may pay less tax if you file your tax return as a “head of household” than if you file as a “single” individual. What’s the difference?
Two important tax deadlines are coming up — and they don’t involve filing your 2022 tax return
March 22, 2023
Of course, the deadline to file your 2022 tax return is in April. But here are a couple important tax deadlines in April for certain taxpayers.
