What Will Happen When TCJA Tax Changes Sunset in 2025?
Most of the tax changes made by TCJA will expire after 2025. This will impact long range tax planning and result in a mixed bag of tax increases and cuts.
Receive More than $10,000 in Cash at Your Business? Meet Form 8300
Does your business receive large amounts of cash or cash equivalents? Then you must report these transactions to the IRS using Form 8300.
When Tax Issues Become Tax Fraud in the Eyes of the IRS
The chasm between a "minor accident" and "intentional tax fraud" is a big one. The latter can get you into trouble and may venture into criminal territory.
Is Hobby Income Taxable? Are Hobby Losses Deductible?
Involved in a hobby that you not only enjoy but that produces income? If so, you should know how hobby income and expenses are treated for tax purposes.
Employee or Independent Contractor? Learn How to Classify Both
Employers often misclassify employees as independent contractors. Misclassification can have significant ramifications for the employer and the worker.
Employer-Offered Benefits That Can Save You Money and Taxes
Tax law includes tax and financial benefits that employers can offer to employees. If your employer offers these benefits, consider taking advantage.