Divorcing couples should understand these 4 tax issues
When a couple is going through a divorce, taxes are probably not foremost in their minds. But without proper planning and advice, some people find divorce to be an even more taxing experience.
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When a couple is going through a divorce, taxes are probably not foremost in their minds. But without proper planning and advice, some people find divorce to be an even more taxing experience.
If you invest in mutual funds, be aware of some potential pitfalls involved in buying and selling shares.
October 15 was the deadline for individual taxpayers who extended their 2019 tax returns.
As a result of the current estate tax exemption amount ($11.58 million in 2020), many estates no longer need to be concerned with federal estate tax.
Do you buy or lease computer software to use in your business? Do you develop computer software for use in your business, or for sale or lease to others?
The business use of websites is widespread. But surprisingly, the IRS hasn’t yet issued formal guidance on when Internet website costs can be deducted.
Are you fortunate to be working from home because of the pandemic? Or have you lost your job and collecting unemployment due to COVID-19? Both of these situations could have tax implications.
We hope this message finds you in good health and wellness as we continue to navigate through this uncertain and challenging times.
Homes have always been the foundation of our lives, but due to the pandemic, it is even more true that THERE IS NO PLACE LIKE HOME.
Did you know that the CARES Act temporarily suspends the excess business loss (EBL) restrictions for individuals?
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