An important deadline is coming up fast for businesses with workers. Here’s what’s due on Jan. 31.
Read More
Reference this tax calendar to learn the 2025 deadlines for various tax-related forms and payments.
Read More
The price of gas is slightly higher than it was a year ago. How does this affect the amount you can deduct for business driving in 2025? Here’s the latest on the cents-per-mile rate for this year.
Read More
You may spend years building up your traditional IRA, but there is a time when you must start taking withdrawals. Here are answers to frequently asked questions about required minimum distributions.
Read More
Small business owners can potentially claim large first-year depreciation deductions for heavy vehicles and home office deductions. The combination can result in major tax savings. Here’s how.
Read More
Understanding federal estate tax laws can be complicated — even more so if you or your spouse is a noncitizen.
Read More
There are some tax-savvy ways to build education savings and pay for college. Here’s how to help maximize education funds and minimize financial stress.
Read More
Nonprofits with offshoots or multiple chapters may want to look into creating a federated structure. Among potential benefits are economies of scale and higher visibility. We also describe some pitfalls.
Read More
Good branding uses language, visuals, associations and other devices to differentiate an entity from its competitors and mold public perceptions of it. How’s your nonprofit’s brand faring?
Read More
It’s often said that the main reason parents put off creating an estate plan is the difficulty of choosing a guardian for their child. Here are the answers to some common questions about guardianship.
Read More
Discover the key benefits and potential pitfalls of operating your business as a C corporation.
Read More
Should your nonprofit compensate a departing founder or executive? It may depend on your organization’s financial wherewithal and other factors. Just be sure to use an exit agreement.
Read More
Did you know that interest from U.S. savings bonds is taxed at the federal level but not at the state or local levels? Here’s a look at the tax implications of investing in savings bonds.
Read More
Including an advance health care directive as part of your complete estate plan can ease your family’s decisions if you become incapacitated.
Read More
If you’re a single parent, it’s time to review your estate plan.
Read More
New nonprofits must ask the IRS to recognize their tax-exempt status. But should you file Form 1023 or Form 1023-EZ, the easier, less expensive option? Here’s some information to help you decide.
Read More
Adopting a child? You know there can be many steep expenses. Fortunately, there may be valuable tax breaks for parents. Here are the relevant amounts for 2024 and 2025.
Read More
Properly managing the tax treatment of intangible assets is vital for businesses to maximize tax benefits and ensure compliance with tax regulations.
Read More
Properly addressing intellectual property in your estate plan can be complex. Here are some planning tips.
Read More
Your nonprofit may benefit from collaborative projects with similar organizations. But remember, you’re vying with both direct and indirect competitors for limited resources.
Read More