Tax Implications When Buying or Selling a Business
Merger and acquisition activity in many industries slowed during 2020 due to COVID-19. Analysts do expect it to improve in 2021, however, as the country comes out of the pandemic.
Merger and acquisition activity in many industries slowed during 2020 due to COVID-19. Analysts do expect it to improve in 2021, however, as the country comes out of the pandemic.
If you are like many Americans, letters from your favorite charities may be appearing in your mailbox acknowledging your 2020 donations. But what happens if you have not received such
If you have a traditional individual retirement account (IRA) or tax-deferred retirement plan account, you probably know that you must take required minimum distributions (RMDs) when you reach a certain
Although electric vehicles (or EVs) are a small percentage of the cars on the road today, they are increasing in popularity all the time. And if you buy one, you
This year, the optional standard mileage rate used to calculate the deductible costs of operating an automobile for business decreased by one-and-one-half cents, to 56 cents per mile. As a
A number of tax-related limits that affect businesses are annually indexed for inflation and many have increased for 2021. Some stayed the same due to low inflation, and the deduction
Attending college is one of the biggest investments that parents and students ever make. If you or your child (or grandchild) attends (or plans to attend) an institution of higher
The Small Business Administration (SBA) announced that the Paycheck Protection Program (PPP) reopened the week of January 11. If you are fortunate to get a PPP loan to help during
The IRS announced it is opening the 2020 individual income tax return filing season on February 12. (This is later than in past years because of a new law that
To help you make sure you do not miss any important 2021 deadlines, we have provided this summary of when various tax-related forms, payments, and other actions are due. Please