There’s a valuable tax deduction available to a C corporation when it receives dividends. The “dividends-received deduction” is designed...

Typically, businesses want to delay recognition of taxable income into future years and accelerate deductions into the current year. But...

In today’s economy, many small businesses are strapped for cash. They may find it beneficial to barter or trade for goods and services...

Traditional IRAs and Roth IRAs have been around for decades and the rules surrounding them have changed many times. What hasn’t changed...

The IRS began accepting 2021 individual tax returns on January 24. If you haven’t prepared yet for tax season, here are three quick tips...

Many tax limits that affect businesses are annually indexed for inflation, and a number of them have increased for 2022. Here’s a rundown...

The IRS announced it is opening the 2021 individual income tax return filing season on January 24. (Business returns are already being...

If you’re starting to worry about your 2021 tax bill, there’s good news — you may still have time to reduce your liability. Here are...

Don’t let the holiday rush keep you from considering some important steps to reduce your 2021 tax liability. You still have time to...

Studies have found that more people are engaging in online gambling and sports betting since the pandemic began. And there are still more...