The benefits of Qualified Opportunity Funds are Waning
What are Qualified Opportunity Funds? They are investment vehicles organized as a corporation/partnership to invest in qualified opportunity zone property.
Overlook Something on a Prior Tax Return? File an Amended Return
Taxpayers sometimes overlook items of income on a tax return. It happens! Learn why it's so important to file an amended return.
Commonly Asked Tax Questions (and Answers!)
Only deal with income taxes once a year with your tax return? If the answer is yes, we bet you have questions related to tax terminology.
The IRS Issues Update to the Scams to Be Aware of for 2023 and Beyond
When it comes to income taxes, two things tend to be true every year. First, April will always roll around, and second, with tax season comes tax scams.
4 Ways to Reasonable Compensation for Corporate Business Owners
There’s a tax advantage to taking money out of a C corp as compensation rather than dividends. But, only reasonable compensation can be deducted.
Education Benefits Help Attract, Retain, and Motivate Your Employees
One way to attract, retain and motivate employees is to provide education benefits. An employee can receive up to $5,250/year under this type of program.