QBI Deduction Basics & A Year-End Tax Tip That Might Help You Qualify
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
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
Now that Joe Biden has been projected as the winner of the presidential election by major news outlets,* you may wonder if your federal taxes will be affected. President-elect Biden
Election years often lead to uncertainty for businesses, but 2020 is unlike any other when it comes to unpredictability. Amid the chaos of the COVID-19 pandemic, the resulting economic downturn
The Tax Cuts and Jobs Act (TCJA) made only one change to the federal gift and estate tax regime, but it was a big one. It more than doubled the
Year-end tax planning is on the agenda for many taxpayers, with good reason. That said, you do not have to wait for November or December to make astute moves. Planning
The dawning of 2019 means the 2018 income tax filing season will soon be upon us. After year end, it is generally too late to take action to reduce 2018
With 2019 approaching, here is a quick list of tax and financial to-dos you should address before 2018 ends: Check your Flexible Spending Account (FSA) balance. If you have an
Rewarding employees at the end of the year can brighten up their holidays and set the stage for your company to enjoy a good start to 2019. Some forethought and
For investors, fall is a good time to review year-to-date gains and losses. Not only can it help you assess your financial health, but it also can help you determine
With the April 17 individual income tax filing deadline behind you (or with your 2017 tax return on the back burner if you filed for an extension), you may be