February 16
Employers: Begin withholding income tax from the pay of any employee who claimed exemption from withholding in 2018 but did not give you a new IRS Form W-4 to continue
Employers: Begin withholding income tax from the pay of any employee who claimed exemption from withholding in 2018 but did not give you a new IRS Form W-4 to continue
All businesses: File paper versions of most annual information statements (IRS Forms 1098, 1099, and others) for certain payments you made during 2018 (due date is April 1 if you
Generally, patient investors prosper over the long term. Nevertheless, there are many reasons for selling stocks. Knowing the basics can help improve your tax position. Selling shares held in a
Many owners of private companies have been leery of operating as a regular C corporation. If you make that choice, you will be exposed to double-taxation of business income. First,
Commercial buildings and improvements generally are depreciated over 39 years, which essentially means you can deduct a portion of the cost every year over the depreciation period. (Land is not
Raffles are popular fundraisers for non-profits, but they’re subject to strict tax rules. State laws on non-profit-sponsored raffles can vary significantly, but non-profits must comply with federal income tax requirements
While the Tax Cuts and Jobs Act (TCJA) generally reduced individual tax rates for 2018 through 2025, some taxpayers could see their taxes go up due to reductions or eliminations
If you are like many Americans, letters from your favorite charities have been appearing in your mailbox in recent weeks acknowledging your 2018 year-end donations. But what happens if you
All businesses: Give annual information statements (IRS Forms 1099) to recipients of certain payments you made during 2018. Payments that are covered include: (1) compensation for workers who are not
Retirement plan contribution limits are indexed for inflation, and many have gone up for 2019, giving you opportunities to increase your retirement savings: Elective deferrals to 401(k), 403(b), 457(b)(2), &