Now that Labor Day has passed, the holidays are just around the corner. Many people may...
Plan Now with the Gift Tax Annual Exclusion
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tax rules
The Tax Rules of Selling Your Home for Profit
Be aware of the implications if you’re selling your home or you sold one in 2023. You...
Can you deduct student loan interest on your tax return?
The federal student loan “pause” is coming to an end on August 31 after more than three...
Develop and Sell Appreciated Land in a Smart Way
Let’s say you own highly appreciated land that’s now ripe for development. If you...
Are you a Gig Worker? 3 Tax Things to Know
In recent years, many workers have become engaged in the “gig” economy. You may think of...
Is Your NFP Auction Following the IRS Rules?
Whether your not-for-profit is holding an in-person or online auction to raise funds,...
Lawsuit Settlement Tax Exceptions – 2 Cases
You generally must pay federal tax on all income you receive but there are some...
5 Things to Know About Child Tax Credit
If you’re a parent, you may be confused about the rules for claiming the Child Tax...
Be Wary of ERC Claims from Third Parties
The Employee Retention Credit (ERC) was a valuable tax credit that helped employers that...
Renting to a Relative – the Tax Consequences
If you own a home and plan on renting to a relative, you may be surprised to find out...