New Schedules K-2 and K-3 (Form 1065) have been created by the IRS to offer standardized reporting of U.S. international tax information. The new formats

The past few years have been a rollercoaster ride when it comes to getting your tax refund check from the IRS. If I told you

The State of New Jersey is now offering an attractive deduction for families saving for college. Taxpayers with a gross income of $200,000 or less

Let’s say you have a side-hustle that makes you a little money. Should you consider it a business if you claim tax losses on your

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