Many people know that we pay more in taxes when our income is higher, but that’s only half the truth. Yes, we do pay more, but not on all our income. We’ll explain that in more detail in this article.
There are a lot of changes for 2024.
Beginning this year, small businesses that meet certain criteria need to file a “Beneficial Ownership Information (BOI) Report along with others rules that are now in affect.
It’s that time of year again, lets review the list of things your accountant needs to do your taxes.
August is a great time to get all your ducks in a row for next year’s tax filing. This is particularly true for homeowners who may be eligible for several deductions.
After New Year’s celebrations conclude, Americans need to focus on something less enjoyable: filing their tax returns. And, taxpayers make this process even more challenging when they make mistakes.
To help the tax community track information related to the Tax Cuts and Jobs Act (TCJA), the IRS has created a special page on IRS.gov to highlight provisions of the new law. The frequently updated page will include a “one-stop” listing of new legal guidance, news releases, Frequently Asked Questions, and other information related to […]