Help Ensure Your Partnership or LLC Complies with Tax Law
Whether you're structuring a new partnership or updating an existing LLC operating agreement, understanding the tax implications of your decisions is ...
IRS Releases Tax Inflation Adjustments for Tax Year 2025
The IRS has announced the annual inflation adjustments for tax year 2025, as outlined in Revenue Procedure 2024-40. These adjustments will impact ...
Taxes Take Center Stage in the 2024 Presidential Campaign
Early voting for the 2024 election has already kicked off in some states, but voters are still seeking additional information on the candidates’ ...
Year-End Tax Moves to Save Your Small Business Money
With Labor Day behind us, it's time to take proactive steps that may help reduce your small business's taxes for this year and next. A common ...
Are You Liable for Two Extra Taxes This Year?
A high income could subject you to two extra taxes: the 3.8% Net Investment Income Tax (NIIT) and the 0.9% additional Medicare tax on wage and ...
IRS Changes Let You Keep Cash in Your 401(k) Longer
The IRS recently published new regulations for taxpayers subject to the "10-year rule" for required minimum distributions (RMDs) from inherited IRAs ...
NIL Rule Changes: Tax Impacts for Schools Explained
The college athletics landscape is undergoing a significant transformation, particularly with introducing Name, Image, and Likeness (NIL) ...
Businesses, Are You Ready for the September 16th Tax Deadline?
Attention S Corporations and Partnerships: An important tax filing deadline is approaching! Ensure you submit Forms 1120S and 1065 by September 16, ...
Summertime Activities That Can Yield Tax Savings
As summer, a season often associated with relaxation and fun comes to a close, it's important to remember that it's not too late to capitalize on ...