1) Charitable Deduction - $300 without using Schedule A to itemize 2) Schedule A – close to itemizing – bunch every other year a....

*Pay final bills and postmark by 12/31/2020 *Newly purchased business equipment must be placed in service by 12/31/2020 to be deductible...

Courtesy of Yahoo Finance Fox Business by Brittany De Lea Taxes are a big focus among Democrats hoping to win the race for the White...

The Internal Revenue Service and the Treasury have proposed regulations updating the income tax withholding rules to reflect...

The IRS updated the fleet-average and vehicle cents-per-mile valuation rules described...

If you or someone you know is contemplating a sale of appreciated real property this article is for you or them!

Well over half (64%) of U.S. businesses say cost reduction is the top challenge they expect to face in the coming year and less than half...

Courtesy of Journal of Accountancy by Janet C. Hagy, CPA

The basis of accounting for investments can make a big difference in managing tax gains and losses on mutual funds.

Do you live in a state with high income taxes? If your saving grace has been a long list of deductions, the game may be over thanks to...