Now that Labor Day has passed, the holidays are just around the corner. Many people may want to make gifts of cash or stock to their...

The Tax Cuts and Jobs Act liberalized the rules for depreciating business assets. However, the amounts change every year due to inflation...

Are you getting ready to retire? If so, you’ll soon experience changes in your lifestyle and income sources that may have numerous tax...

Many businesses use independent contractors to help keep their costs down — especially in these times of staff shortages and inflationary...

If you’ve successfully filed your 2022 tax return with the IRS, you may think you’re done with taxes for another year. But some questions...

Whether you’re operating a new company or an established business, losses can happen. The federal tax code may help soften the blow by...

If you itemize deductions on your tax return, you may wonder: What medical expenses can I include? The IRS recently issued some...