More individuals will receive a Form 1099-K (payment card and Third-party Network transaction) from PayPal, Airbnb, Amazon, eBay, etc. As...

• Contributions to a Roth are not deductible, so taxes are paid at your current tax rate. • When the Roth funds are distributed, your tax...

• If you invest in the traditional IRA, you will have a tax-deferred income of $5,000 at 32% or $1,600. This would be taxable income when...

Reminder to all clients who have filed a personal tax extension or a C-corp extension. Your finalized taxes will be due in 30 days, on...

This is a final reminder to our clients that have S-corp returns and partnership returns that have filed tax extensions for the year. The...

For tax years 2021 through 2025, any discharge of student loan debt for any reason, including private student loans, may be excluded from...

Revenue Service and the Treasury Department announced today that millions of American families have started receiving monthly Child Tax...

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Meals and Entertainment Business Deductions for 2021-2022 ! 1/3 For tax years 2021 and 2022, business meals purchased from or consumed in...

Meals and Entertainment Business Deductions for 2021-2022 ! 1/1 For tax years 2021 and 2022, business meals purchased from or consumed in...