As 2023 draws to a close, individual taxpayers can utilize a variety of tax planning strategies to help reduce taxable
The IRS allows small business owners to take a deduction for the business use of a taxpayer’s home. The home
A previous blog post reported on the proposed rulemaking related to certain clean vehicle tax credits as established by the
The Tax Cuts and Jobs Acts (TCJA) of 2017 included amendments to IRC §174 beginning in 2022, such that companies
As a recent graduate entering the workforce, I needed to learn and understand the advantages of employer-related tax-saving opportunities. A
After issuing a moratorium on new Employee Retention Credit (ERC) claims last month (see related post), the IRS announced on
Starting January 1, 2024, a new tax law (H.B.33) eliminates the annual Commercial Activity Tax (CAT) minimum tax, requires quarterly
Although the IRS has issued many warnings to taxpayers to beware of solicitations they receive from consultants offering to assist
As students return to school for the fall, it’s a good time to talk about 529 college savings plans. A
A recent tax tip from the IRS inspired us to expand on the topic to provide additional guidance on several
As a recent graduate entering the workforce, I know firsthand that the transition can be daunting. There are many new
Many states throughout the United States have implemented what are referred to as “pass-through entity tax elections” (PTET elections), since
