New Tax Rules for Divorce and Alimony Payments
Starting in 2019, there are new tax rules for divorced and separated individuals related to separation and alimony payments.
View ArticleSmall Business: Tips for Ensuring Financial Success
Learn how cost accounting helps you make smarter business decisions and lead you to financial success.
View ArticleTax Advantages of S-Corporations
Figuring out which form of business structure to use when you started was one of the most important decisions you had to make; however, it's always a good idea to periodically revisit that decision as...
View ArticleTax Preparation vs. Tax Planning
A comprehensive tax strategy should include both tax planning and tax preparation, but do you know the difference?
View ArticleStarting a Home-Based Business
Every day, people achieve economic independence by turning their skills into dollars. If you think a home-based business might be right for you, then here's what you should know.
View ArticleEconomic Impact Payments: Round Three
Starting March 12, the IRS began sending out the third round of economic impact payments via direct deposit, paper checks, and EIP Cards.
View ArticleFederal Tax Deadline Extended To May 17
The federal income tax filing due date for individual taxpayers, including those who pay self-employment tax, has been extended to Monday, May 17, 2021.
View ArticleHighlights of the American Rescue Plan Act
Signed into law on March 11, the American Rescue Plan Act of 2021 contains several tax provisions affecting individuals and families.
View ArticlePPP Loan Deadline Extended Through May 31
The Paycheck Protection Program Extension Act of 2021 was signed into law on March 31, extending the deadline to apply for a loan by an additional 60 days.
View ArticleQ & A: The $10,200 Unemployment Tax Break
A new tax break - in effect only for the 2020 tax year - allows you to exclude the first $10,200 of unemployment compensation from your taxable income.
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