Employers are going to extremes to retain their staff throughout the pandemic’s “Great Resignation.” Many have taken to approving some over-the-top expenses submitted by their
The Supreme Court ruled that to be in a trade or business, you need to be involved with continuity and regularity and that a sporadic
Wouldn’t it be nice if the IRS owed you money at the end of the year? Well, that’s not likely, but with the right planning,
Congress is Making an Effort to Save Performers Through Tax Breaks Bi-partisan legislation was recently introduced in the House to amend a provision in the
The question is asked of us all the time…should I focus on paying down my debt or saving up for my retirement? Both are important
President Biden recently outlined the American Families Plan extends the tax breaks of the American Rescue Plan for lower- to middle-income taxpayers. If you are making
In the past, online sellers and companies accepting PayPal or other third-party settlement organizations (TPSO) for goods and services only received IRS Form 1099K when
Believe it or not, the government can actually help you on this one! Your SEP IRA and solo 401(k) retirement plans, can enhance your net
The Good News No provision in the tax law denies you a deduction for labor expenses simply because you didn’t file the required Form 1099s.
