Traveling for Business This Summer? Here’s What You Can Deduct
Traveling for business this summer? Under tax law, to claim deductions, you must meet certain requirements when traveling for business within the US.
Should You Reimburse Employees for Moving Expenses?
Considering reimbursing new hires for moving expenses or existing employees for relocation costs? Learn about the applicable tax rules first.
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.
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.
Take Advantage of the Rehabilitation Tax Credit
Does your business occupy substantial space and need to increase or move from that space? You should keep the rehabilitation tax credit in mind.
Looking for Quick Cash? Try to Avoid Retirement Early Withdrawals
Are You looking for quick cash? Your retirement savings may look tempting. However, early withdrawals can mean paying income tax and a 10% early-distribution tax.
You Can Now Receive a Tax Credit for Buying a Used Electric Vehicle
This is the first time used electric vehicles have qualified for a tax credit. This provides an incentive for taxpayers to acquire an electric vehicle.