Implementing tax-reduction strategies now can pay off the next time your company files its tax return.
Read MoreFor a married couple, are two revocable trusts better than a joint revocable trust?
Read MoreIf you’re worried about funding your nonprofit’s many priorities, apply to foundations. Follow these tips to help ensure grant-seeking success.
Read MoreAre you thinking about buying a new exterior door or rooftop solar panels? How about an electric vehicle? You may want to act soon because President-Elect Donald Trump has pledged to terminate a law providing valuable tax credits for these and other energy-saving purchases.
Read MoreYou’re probably familiar with the self-employment tax if you own a business. Here’s a refresher on how it works, how it will increase and whether there’s anything you can do to reduce it.
Read MoreAs the holidays approach, understand the IRS’s rules for properly substantiating your charitable gifts.
Read MoreHow might President-Elect Trump’s policies affect your taxes going forward?
Read MoreThe period between Thanksgiving and New Year’s Day generally is a critical fundraising season. Don’t let fraud undermine your hard work and eat into your nonprofit’s revenues. Here’s what you need to know.
Read MoreYou want to unlock the best possible tax results when exercising employer-issued nonqualified stock options.
Read MoreThe tax-advantaged retirement plan contribution amounts will increase less next year than in previous years due to easing inflation. However, many will still go up slightly. Find out how much you can contribute to 401(k)s, SEP plans, IRAs and more.
Read MoreFor many key employees, the use of a company car is a cherished perk. But before you hand over the keys, make sure you understand the federal tax rules.
Read MoreBefore you know it, 2024 will be here. But until then, there may still be time to reduce your 2023 federal tax liability by taking these steps.
Read MoreIt’s not always easy to calculate a nonprofit’s risk of falling afoul of the commerciality doctrine. We explain the threat and some risky practices and activities.
Read MoreReduce your taxable estate by making annual gift tax exclusion gifts.
Read MoreIf you need cash, you may want to tap your traditional IRA. But if you’re not yet 59½, you may have to pay a penalty tax if you do. Here are 11 exceptions to the penalty.
Read MoreRemoving a trustee can be difficult. However, there are ways to make it easier without giving too much power to the beneficiaries.
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