You May Be Eligible to Use More Than One Taxpayer Filing Status
When it comes to taxes, December 31 is more than just New Year’s Eve. That date will affect the filing status box that will be checked on your 2020 tax
When it comes to taxes, December 31 is more than just New Year’s Eve. That date will affect the filing status box that will be checked on your 2020 tax
As your company plans for the coming year, management should assess your strengths, weaknesses, opportunities, and threats (SWOT). A SWOT analysis identifies what you are doing right (and wrong) and
Despite our best intentions, almost everyone brings some bias to human interactions — even business owners and executives investigating fraud. Sometimes bias can lead to the right conclusion. However, bias
If you own a business, you may wonder if you are eligible to take the qualified business income (QBI) deduction. Sometimes this is referred to as the pass-through deduction or
Contributing to a tax-advantaged retirement plan can help you reduce taxes and save for retirement. If your employer offers a 401(k) or Roth 401(k) plan, contributing to it is a
The COVID-19 pandemic and resulting economic impact have hurt many companies, especially small businesses. However, for others, the jarring challenges this year have created opportunities and accelerated changes that were
Holiday-inspired generosity and the desire to reduce tax liability makes the end of the year a busy time for charitable giving. According to Network for Good and other sources, approximately
If you have a family member who is disabled, you likely know that financial and estate planning can be tricky. You do not want to jeopardize his or her eligibility
Every employer’s greatest strength lies in its people. You can have the most advanced technology, the best researched strategic plans, and the most perfectly nuanced messaging yet still come up
It is almost time for calendar-year businesses to prepare their year-end financial statements. If used correctly, these reports can be a valuable management tool. Use them in benchmarking and forecasting