New per diem business travel rates became effective on October 1
October 13, 2021
The IRS has announced the special “per diem” rates that became effective Oct. 1, 2021. Here are the basics of these rates.
Navigating the tax landscape when donating works of art to charity
October 6, 2021
Are you an artist or collector interested in donating artwork to charity? Here are the basic rules to claim a tax deduction for your generosity.
The tax score of winning
September 29, 2021
Whether you win money gambling online, playing at a casino or participating in a sports betting activity, there are tax implications. Here are the basic rules that winners should understand.
Is a Health Savings Account right for you?
September 22, 2021
If you’re an employee, you may be able to get a Health Savings Account with your employer. You can also open one of these tax-saving accounts through some banks and other financial institutions. Here are the basic rules.
Tax depreciation rules for business automobiles
September 21, 2021
Claiming depreciation deductions for a passenger automobile can involve complex calculations. Here are the basic rules.
Employers: Will your health insurance be “affordable” in 2022?
September 20, 2021
Employers, act now to determine whether you could be subject to an Affordable Care Act penalty for your 2022 health care coverage.
