Suppose you support an elderly relative such as a parent, in-law or favorite aunt or uncle. Unfortunately, however, you get no tax benefit for your support. Strategy:...
It used to be that you could trade in one business vehicle for another without any dire tax consequences. But now the new Tax Cuts and Jobs Act has turned the tax rules...
The new Tax Cuts and Jobs Act changes the way that the kiddie tax is calculated, beginning in 2018. The revised rules will frequently produce a bigger tax than the...
Say your marketing director breaks his leg during an after-hours employee softball game against a crosstown company. Who’s responsible? You might be surprised.
You may be able to write off rental payments you make for office space—even if you’re the landlord and the place of business is your home. But this setup between...
Suppose your spouse’s car was damaged when he or she skidded on a slick road in April. It’s going to cost you $3,000 out-of-pocket to repair. But you can’t claim a...
The new Tax Cuts and Jobs Act makes it tougher for certain taxpayers to cash in on a tax break for “carried interests,” but left the door slightly open. In a new...
Wealthy married couples have the extra tax advantage of exemption portability. Strategy: Ensure a proper “deceased spousal unused exemption” election. Any unused...
Although SharePoint was intended to be managed at the subsite level by administrators from operational areas of an organization, without a bit of understanding of the...
Find a tax pro ... New estate tax figure ... IRS getting a bigger budget? ... The best and worst states for tax business ... The employer mandate is still alive
